Brillant Properties Pvt. Ltd. Divests 14,80,005 Shares in Parle Industries via Open Market
Brillant Properties Pvt. Ltd. sold 14,80,005 equity shares (3.03%) of Parle Industries Limited via open market on BSE between April 18, 2026 and May 8, 2026. Prior to the disposal, the seller held 29,83,754 shares (6.11%), which reduced to 15,03,749 shares (3.08%) post-sale. The equity share capital of Parle Industries Limited remains unchanged at 4,88,00,000 shares of Rs. 10/- each, totalling Rs. 48,80,00,000/-. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Brillant Properties Pvt. Ltd. has filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reporting the sale of 14,80,005 equity shares of parle industries Limited through the open market on BSE Limited. The transactions were executed between April 18, 2026 and May 8, 2026, resulting in a significant reduction in the seller's shareholding in the target company.
Shareholding Before and After the Disposal
Prior to the disposal, Brillant Properties Pvt. Ltd. held 29,83,754 equity shares, equivalent to 6.11% of the total share and voting capital of Parle Industries Limited. Following the sale of 14,80,005 shares (3.03%), the residual holding stands at 15,03,749 shares, representing 3.08% of the total share and voting capital as on May 8, 2026. The table below summarises the key shareholding details:
| Parameter: | Details |
|---|---|
| Target Company: | Parle Industries Limited |
| Seller: | Brillant Properties Pvt. Ltd. |
| Stock Exchange: | BSE Limited |
| Mode of Sale: | Open Market |
| Period of Sale: | April 18, 2026 to May 8, 2026 |
| Shares Sold: | 14,80,005 (3.03%) |
| Holding Before Sale: | 29,83,754 (6.11%) |
| Holding After Sale: | 15,03,749 (3.08%) |
Disclosure Details Under Annexure – 2
The detailed disclosure submitted as Annexure – 2 provides a comprehensive breakdown of the shareholding position before and after the disposal. The figures for both total share capital and diluted share/voting capital of Parle Industries Limited remain unchanged at 4,88,00,000 equity shares of Rs. 10/- each, totalling an equity share capital of Rs. 48,80,00,000/-.
| Metric: | Number | % of Total Share Capital | % of Diluted Share Capital |
|---|---|---|---|
| Holding Before Disposal: | 29,83,754 | 6.11% | 6.11% |
| Shares Sold: | 14,80,005 | 3.03% | 3.03% |
| Holding After Disposal: | 15,03,749 | 3.08% | 3.08% |
Regulatory Compliance
The disclosure was submitted by Satish M. Shidhaye, Director of Brillant Properties Pvt. Ltd., from Mumbai, dated May 9, 2026. The filing was addressed to BSE Limited and Parle Industries Limited in accordance with the prescribed regulatory format. Brillant Properties Pvt. Ltd. is not classified under the Promoter or Promoter Group category of the target company, as indicated in the disclosure.
Historical Stock Returns for Parle Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.00% | 0.0% | 0.0% | 0.0% | 0.0% | -43.84% |
Will Brillant Properties Pvt. Ltd. continue to divest its remaining 3.08% stake in Parle Industries Limited, and what could be the potential impact on the stock's price if a full exit occurs?
Could the significant reduction in Brillant Properties' shareholding signal a broader shift in investor sentiment toward Parle Industries Limited, potentially attracting or deterring other institutional investors?
Is there a possibility that the shares sold by Brillant Properties were acquired by a strategic investor or a promoter-linked entity, which could influence future corporate governance or control of Parle Industries?


































