ALPHA TRIBE

Parle Industries LtdUpdates, 11-06-2025: Company Update

11-06-2025 | 09:04 pm

Parle Industries Limited has terminated its share purchase agreement with Welldone Integrated Services Private Limited and Marvelous Vickyfoods Private Limited due to their failure to transfer share certificates, a key obligation. As a result, these companies will not become wholly-owned subsidiaries. This move protects Parle’s interests and clarifies its ownership structure, ensuring transparency for shareholders and reinforcing control over its investments.

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