Parshva Enterprises Ltd — Others, 21-06-2025: AGM/EGM

Parshva Enterprises Ltd. has announced the approval of a Scheme of Arrangement to demerge its business into Simandhar Impex Limited. The resolution was passed with overwhelming support from equity shareholders, including a 99.99% vote in favor from public shareholders. The meeting was convened by the National Company Law Tribunal, Mumbai Bench, and voting was conducted through remote e-voting and electronic voting at the meeting. This demerger aligns with the company’s strategic restructuring plans and is expected to streamline operations and enhance shareholder value.