Parle Industries Limited has announced a significant change in its corporate structure, with its subsidiary Golden-Valley Treasure Park Pvt. Ltd. (GVTPL) ceasing to be a subsidiary and transitioning to associate company status. This development follows a strategic capital expansion by GVTPL through a right issue that resulted in substantial dilution of Parle Industries' shareholding.

Corporate Structure Changes

The transformation stems from GVTPL's successful right issue offer to strategic investors, which was fully subscribed. The capital expansion led to a substantial dilution of Parle Industries Limited's shareholding in GVTPL, triggering the reclassification under corporate governance norms.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with Part A of Schedule III of the same regulations. This regulatory framework mandates timely disclosure of material events that could impact stakeholder interests.

Key Details

The announcement was formally communicated to BSE Limited on April 29, 2026, by Company Secretary and Compliance Officer Bharat Kumar Bohra. The disclosure emphasizes the company's commitment to maintaining transparency with stakeholders regarding significant corporate developments.

Impact Assessment

The reclassification from subsidiary to associate status represents a fundamental change in the relationship between Parle Industries Limited and GVTPL. As an associate company, GVTPL will no longer be consolidated as a subsidiary in Parle Industries' financial statements, though the company will maintain significant influence through its remaining shareholding.

This corporate restructuring reflects GVTPL's successful capital raising efforts and strategic expansion plans, while ensuring Parle Industries Limited maintains regulatory compliance through proper disclosure mechanisms.

Parle Industries Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the fourth quarter and financial year ended March 31, 2026.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of SEBI regulations, confirming that details of securities dematerialized during the specified period have been properly furnished to BSE Limited, where the company's shares are listed.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's registrar and share transfer agent, provided confirmation dated April 3, 2026, validating the compliance procedures. The registrar confirmed that:

• Securities received from depository participants for dematerialization during the quarter ended March 31, 2026 were properly confirmed to depositories
• Security certificates received for dematerialization were confirmed or rejected as appropriate
• All security certificates were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within prescribed timelines

Corporate Information

The certificate was signed by Bharat Kumar Bohra, Company Secretary and Compliance Officer of Parle Industries Limited. The company maintains its registered office at C/406, Crystal Plaza, New Link Road, Andheri (W), Mumbai.

This filing demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants, ensuring proper handling of securities dematerialization processes during the reporting period.