Parshwanath Corp board to alter main object on Jul 30

Parshwanath Corporation Limited will convene its Board of Directors on July 30, 2026, at 11:00 A.M. to consider altering the company's main object and adopting a new set of Memorandum of Association and Articles of Association. The meeting, held at the company's registered office in Ahmedabad, also aims to finalize the logistics for the upcoming Annual General Meeting (AGM), including the appointment of a new director and the adoption of the board report for FY25-26.

The agenda reflects significant structural changes for the company, as the board seeks to redefine its core business objectives. This alteration requires subsequent shareholder approval, likely through a special resolution at the AGM. The board will also fix the date for the AGM and authorize personnel to issue notices to shareholders.

Key Agenda Items

The board meeting will transact the following businesses:

Agenda Item	Description
Financial Reporting	Adopt Board report along with its Annexures for the year 2025-2026
Corporate Structure	Alter main Object of the Company
Governance Documents	Adopt new set of Memorandum of Association and Article of Association
Leadership	Appointment of New Director in the Company
AGM Logistics	Fix Date of Annual General meeting and authorize person to issue notice
Voting Procedures	Decide Book Closure date, E-voting date and cut-off dates for the AGM
Compliance	Appoint Scrutinizer of the company for the purpose of voting procedure

Regulatory Disclosure

The intimation was issued under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Riddhiben R. Patel, Joint-Managing Director & CFO, signed the communication to the Bombay Stock Exchange (BSE). The company’s registered office is located at 50 Harisiddh Chambers, Ashram Road, Ahmedabad.

What the Numbers Show

While no financial figures were disclosed in this notice, the decision to alter the main object suggests a strategic pivot or expansion beyond existing operational boundaries. Investors should monitor the forthcoming AGM notice for details on how this structural change aligns with the company’s long-term growth strategy and whether it impacts current revenue streams.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.94%	+9.23%	+28.28%	-23.54%	-9.38%	+199.59%

Parshwanath Corporation Limited has appointed M/s Mehul Doshi & Associates as its internal auditor effective May 28, 2026, following the resignation of Mr. Ajay J Shah & Co. The change was approved during a board meeting held on the same date. The appointment and resignation comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Ajay J Shah & Co. resigned from the position of internal auditor due to pre-occupation in other activities. The cessation of their role is effective from May 28, 2026. The outgoing firm was a Chartered Accountant entity serving the company in this capacity.

The newly appointed firm, M/s Mehul Doshi & Associates, brings significant experience to the role. The proprietor, CA Mehul Doshi, possesses over 14 years of professional experience, with 12 years specifically dedicated to internal audit. The firm has a diverse client portfolio across industries such as railway contracting, construction, infrastructure, FMCG, healthcare, textile, and real estate.

Details of Auditor Change

The following table outlines the key particulars regarding the resignation and appointment of the internal auditor:

Particulars	Resignation Details	Appointment Details
Name of Internal Auditor	Mr. Ajay J Shah & Co.	M/s Mehul Doshi & Associates
Reason for Change	Pre-occupation in other activities	N.A
Effective Date	28/05/2026	28/05/2026
Brief Profile	Not Applicable	CA Mehul Doshi, Proprietor (14+ years experience)

The disclosures regarding the change were submitted to the Bombay Stock Exchange Limited. Mrs. Riddhiben Rushabh Patel, Joint-Managing Director & CFO, signed the regulatory filing.