Everest Industries names Niranjan Gokhale as Internal Auditor and Chief Risk Officer as Graciano Pinto resigns

Everest Industries Limited is undergoing a leadership change in its risk and internal-control function. Graciano Myrone Pinto, who has served as Internal Auditor and Chief Risk Officer, has resigned from the said positions with effect from the close of business on April 7, 2026 to pursue other opportunities. The company indicates it will identify a successor to ensure continuity in its internal-audit and risk-management framework.

To ensure a seamless transition, the Audit Committee, at its meeting on March 18, 2026, has recommended to the Board the appointment of Niranjan Gokhale, currently Head Strategy, as Internal Auditor and Chief Risk Officer of the Company with effect from April 8, 2026, entrusting him with additional roles and responsibilities. This internal move underscores Everest’s focus on strengthening governance by aligning risk oversight with strategic execution.

Mr. Niranjan Gokhale carries a multifaceted profile: he holds an MBA from McMaster University (Canada), an MS in Industrial & Systems Engineering from Lehigh University (USA), and a B.E. in Mechanical Engineering from College of Engineering, Pune. He is certified by the American Production and Inventory Control Society. With over 30 years of senior-management experience across manufacturing and related sectors, his career includes leadership roles in Ford Motor Company (Global Finance), Tata Industries (Strategic Management), Cummins, Deepak Fertilizers, and Foskor. He has been with Everest Industries Limited for the past six years as Head-Strategy, overseeing internal-control systems and risk management among other strategic functions.

The board now faces the task of formalizing this continuity plan as Everest continues to embed robust risk governance within its growth trajectory. The leadership realignment is positioned as a strategic move to maintain momentum while the company identifies and transitions to the next phase of internal-audit and risk oversight.