Parle Industries adjourns board meeting to May 28 for FY26 results

1 min read     Updated on 27 May 2026, 12:50 AM
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AI Summary

Parle Industries Limited has rescheduled its board meeting to May 28, 2026, to approve the standalone and consolidated audited financial results for the fourth quarter and year ended March 31, 2026. The meeting was adjourned due to unavoidable circumstances. The trading window for insiders remains closed until May 30, 2026, in compliance with SEBI regulations.

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Parle Industries Limited has adjourned its board meeting originally scheduled for May 26, 2026, due to unavoidable circumstances. The meeting will now be held on Thursday, May 28, 2026, at the company's registered office to consider and approve the standalone and consolidated audited financial results for the fourth quarter and financial year ended March 31, 2026.

Agenda for the Meeting

The board will deliberate on the standalone and consolidated audited financial results for the specified period. Additionally, the directors will note and take on record the Auditor's Report regarding these financial results. The meeting also includes a provision to consider any other business with the permission of the Chair.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company remains closed. This restriction applies to the company's Directors, Officers, designated employees, and other connected persons.

Event Date
Trading Window Closure Start April 1, 2026
Board Meeting Date May 28, 2026
Trading Window Reopens May 30, 2026

The trading window will remain closed until the expiration of 48 hours after the declaration of the audited financial results, which is May 30, 2026. The intimation was signed by Rajshree V. Chimbaikar, Company Secretary & Compliance Officer, on May 26, 2026.

Historical Stock Returns for Parle Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.87%+33.40%+32.60%-29.42%-59.75%-36.84%

What specific 'unavoidable circumstances' led to the adjournment of the original board meeting?

How are analysts expecting Parle Industries' Q4 and FY2026 financial results to perform compared to the previous year?

Will the board recommend any final dividend for the fiscal year ended March 31, 2026, during the rescheduled meeting?

Brillant Properties Pvt. Ltd. Divests 14,80,005 Shares in Parle Industries via Open Market

1 min read     Updated on 09 May 2026, 03:12 PM
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AI Summary

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 Day5 Days1 Month6 Months1 Year5 Years
+4.87%+33.40%+32.60%-29.42%-59.75%-36.84%

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?

More News on Parle Industries

1 Year Returns:-59.75%