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Parle Industries LtdImportant, 27-04-2026: Company Update

27-04-2026 · 06:28 pm

Parle Industries' subsidiary, Golden-Valley Treasure Park Pvt Ltd (GVTPL), has secured funds for its infrastructure projects through a Rights Issue to Strategic Investors. Crucially for shareholders, these strategic investors will not gain management control of GVTPL. Parle Industries maintains sole management control and holds the first right of refusal for any future sale of these strategic shares. Post-allotment, Parle Industries holds 33% of GVTPL, while strategic investors Eaugu Udyog Ltd and Mantra Traders Pvt Ltd hold 33% and 17% respectively.

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