Parshva Enterprises Ltd — Important, 13-10-2025: Company Update
13-10-2025 | 06:36 pm
13-10-2025 | 06:36 pm
Parshva Enterprises announced that the National Company Law Tribunal (NCLT) has sanctioned its Scheme of Arrangement. This involves demerging the Jewellery Business from Parshva Enterprises to its wholly-owned subsidiary, Simandhar Impex Limited. Parshva will now focus on Real Estate and Cut & Polished Diamonds. This strategic move aims to create independent and focused management for each business, allowing distinct growth strategies and offering shareholders greater clarity and potentially enhanced value from the segregated operations. The NCLT's order allows the company to proceed with this restructuring.
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