Parle Industries Ltd — Board Meeting, 14-08-2025: Board Meeting

Parle Industries' board approved its Q1 financial results, reporting a consolidated profit of 10.01 for the quarter. Revenue from operations was 24.30. The board noted the resignation of Ms. Deepika Tater as Company Secretary and Compliance Officer. Critically, the company terminated share purchase agreements with Welldone Integrated Services Private Ltd and Marvelous Vickyfoods Private Limited due to non-payment. These entities are therefore not consolidated in the financial results, and related shares have been forfeited. This ongoing legal dispute, now sub-judice, led to a qualified opinion from the auditors, highlighting an unresolved issue for investors.