Parshva Enterprises Ltd — Important, 13-11-2025: Company Update
13-11-2025 | 07:00 pm
13-11-2025 | 07:00 pm
Parshva Enterprises has clarified the cost apportionment for shareholders following its demerger of the Jewellery Business into Simandhar Impex. This demerger resulted in Simandhar Impex issuing 3 new shares for every 10 Parshva shares held. The transaction is designed to be tax-neutral for shareholders. Investors should now allocate 76.48% of their original acquisition cost to Parshva Enterprises shares and 23.52% to Simandhar Impex shares. This guidance is crucial for calculating post-demerger share costs for tax purposes.
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