Parle Industries Limited's Board of Directors convened on April 11, 2026, to address a critical appointment in the company's audit framework. The board approved the appointment of M/s. Sachin Singh & Associates as Secretarial Auditor for FY 2025-26 to fill a casual vacancy, strengthening the company's governance structure and compliance standards.

Secretarial Auditor Appointment Details

The board formally approved the appointment of M/s. Sachin Singh & Associates, Practicing Company Secretaries, to serve as the company's Secretarial Auditor. This appointment was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Profile and Expertise

Mr. Sachin Singh brings substantial expertise to his role as Secretarial Auditor. As a Law Graduate (LLB) and Practicing Company Secretary, he possesses over 10 years of rich professional experience, including 4 years of post-qualification specialization in corporate secretarial, corporate governance, and compliance matters.

Areas of Specialization

Mr. Singh's extensive expertise encompasses a wide range of corporate legal and regulatory assignments. His practice includes company law advisory, corporate restructuring, secretarial audits, regulatory filings, and compliance management under various corporate laws and SEBI regulations. He regularly assists clients in ensuring compliance with the provisions of the Companies Act while maintaining the highest standards of professional integrity and governance.

His comprehensive service portfolio includes incorporation and structuring of companies and LLPs, drafting of legal and corporate documents, conducting board and shareholder meetings, preparation of minutes and statutory registers, due diligence, and liaison with regulatory authorities such as the Registrar of Companies (ROC) and other government bodies.

Regulatory Compliance and Disclosure

The appointment was formally communicated to BSE Limited under the company's scrip code 532911, ensuring full transparency and regulatory compliance. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, with comprehensive information provided in the annexure to maintain transparency standards.

The appointment reflects Parle Industries Limited's commitment to maintaining robust internal controls and adherence to corporate governance best practices. Company Secretary & Compliance Officer Bharat Kumar Bohra signed the formal communication, confirming the board's decision and ensuring proper regulatory disclosure.

Brilliant Properties Private Limited has announced a significant reduction in its shareholding in Parle Industries Limited through an open market sale of equity shares. The transaction, conducted between March 14-25, 2026, involved the disposal of 21,36,546 equity shares representing 4.38% of the company's total shareholding.

Transaction Details

The share sale was executed through the stock exchange mechanism over a period of 12 days. Following the completion of these transactions, Brilliant Properties' holding in Parle Industries has been substantially reduced.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated March 27, 2026. The transaction was communicated to both BSE Limited and Parle Industries Limited as per regulatory requirements.

Share Capital Structure

Parle Industries Limited maintains a consistent equity share capital structure throughout the transaction period. The company's total equity share capital remained unchanged at 4,88,00,000 equity shares of Rs.10/- each, totaling Rs.48,80,00,000/-.

Brillant Properties Private Limited, incorporated under CIN U45100MH2005PTC157323 and based in Mumbai, executed this transaction as part of its investment strategy. The company's director Satish M. Shidhaye signed the regulatory disclosure documents.

Market Impact

The transaction represents a substantial divestment by Brilliant Properties, reducing its stake by nearly one-third from its previous holding. The sale was conducted entirely through the open market mechanism on BSE Limited, where Parle Industries shares are listed under scrip code 532911.