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- Important
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Parshva Enterprises Ltd. has announced a board meeting to consider and approve the financial results for the quarter and half-year and to convene a meeting of equity shareholders to discuss the Scheme of Arrangement between Parshva Enterprises (Demerged Company) and Simandhar Impex Limited (Resulting Company). The equity shareholders meeting will be held through video conferencing, with remote e-voting provided prior to the meeting. The Scheme’s approval is subject to subsequent approval by the National Company Law Tribunal. Separately, Parshva Enterprises has submitted the newspaper publication notice for the NCLT convened shareholders' meeting. Additionally, there is a public caution notice regarding lost share certificates related to Procter & Gamble Hygiene and Health Care Ltd. and Colgate Palmolive India Ltd. Other updates include insolvency proceedings initiated for Veertam Comtrade Private Limited and possession notices issued by banks on properties due to loan defaults, impacting secured creditors and borrowers.