Parshva Enterprises Completes Jewellery Business Demerger to Simandhar Impex

Parshva Enterprises Limited (PEL) has successfully completed the demerger of its jewellery business to Simandhar Impex Limited (SIL), as sanctioned by the National Company Law Tribunal (NCLT), Mumbai Bench. This strategic move marks a significant corporate restructuring for the company, aimed at unlocking value for its shareholders.

Key Details of the Demerger

The demerger involves the transfer and vesting of PEL's Jewellery Business (defined as the Demerged Undertaking in the scheme) into Simandhar Impex Limited on a going concern basis. As part of this arrangement, shareholders of Parshva Enterprises will receive shares in Simandhar Impex Limited.

Share Allotment Ratio

Shareholders of Parshva Enterprises will receive:

Receiving	For every
3 fully paid-up equity shares of Simandhar Impex Limited (face value Rs 10 each)	10 fully paid-up equity shares of Parshva Enterprises Limited (face value Rs 10 each)

This share distribution applies to shareholders whose names are recorded in the register of members and/or records of the depository as of the Record Date, which was set as November 5, 2025.

Tax Implications and Cost Allocation

The demerger complies with Section 2(19AA) of the Income Tax Act, 1961, making it a tax-neutral transaction for shareholders. For tax calculation purposes, shareholders are advised to apportion their original cost of acquisition as follows:

Company	Percentage of Original Cost
Parshva Enterprises Limited (PEL)	76.48%
Simandhar Impex Limited (SIL)	23.52%

Compliance and Approval

The scheme of arrangement has been sanctioned by the NCLT, Mumbai Bench, through an order dated October 13, 2025. This approval ensures that the demerger adheres to all necessary legal and regulatory requirements.

Implications for Investors

This demerger may potentially allow both entities to focus on their core competencies, potentially leading to improved operational efficiency and value creation for shareholders. However, investors should carefully consider the implications of this corporate action on their investment portfolios and consult with financial advisors if needed.

Shareholders are encouraged to stay informed about further developments and any additional information the company may provide regarding this corporate action.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.98%	-3.74%	-13.70%	-3.34%	+19.56%	+591.78%

Parshva Enterprises Limited , a diversified company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, along with the completion of its jewelry business demerger. The company's Board of Directors approved these results at a meeting held on November 7, 2025.

Financial Performance

For the quarter ended September 30, 2025, Parshva Enterprises reported the following consolidated results:

Particulars (in Rs. Lakhs)	Q2 FY2026	Q2 FY2025	H1 FY2026	H1 FY2025
Revenue from Operations	627.79	613.55	1,243.59	1,175.30
Total Income	627.88	613.55	1,243.68	1,175.39
Total Expenses	618.60	607.78	1,224.69	1,159.45
Profit Before Tax	9.28	5.77	18.99	11.94
Net Profit After Tax	6.71	4.27	13.92	8.74

The company's revenue from operations for Q2 FY2026 stood at Rs. 627.79 lakhs, showing a slight increase from Rs. 613.55 lakhs in the same quarter of the previous year. The net profit after tax for the quarter improved to Rs. 6.71 lakhs, up from Rs. 4.27 lakhs in Q2 FY2025.

For the half-year ended September 30, 2025, Parshva Enterprises reported a total income of Rs. 1,243.68 lakhs, compared to Rs. 1,175.39 lakhs in the corresponding period of the previous year. The net profit after tax for H1 FY2026 increased to Rs. 13.92 lakhs from Rs. 8.74 lakhs in H1 FY2025.

Jewelry Business Demerger

Parshva Enterprises has successfully completed the demerger of its jewelry business. The scheme of arrangement for the demerger, which was approved by the Board of Directors on May 14, 2024, has now become effective. Key points of the demerger include:

The jewelry business has been transferred to Simandhar Impex Limited, a wholly-owned subsidiary of Parshva Enterprises.
The National Company Law Tribunal, Mumbai (NCLT) sanctioned the scheme on October 13, 2025.
The scheme became effective from October 17, 2025, upon filing the certified copies of the NCLT order with the respective Registrar of Companies.
Shareholders of Parshva Enterprises will receive three equity shares in Simandhar Impex Limited for every ten equity shares held in Parshva Enterprises, as of the record date of November 5, 2025.

This strategic move is expected to allow both entities to focus on their respective core businesses and potentially unlock value for shareholders.

Subsidiary Operations

Parshva Enterprises operates with two wholly-owned subsidiaries:

Parshva Multitrade Limited
Simandhar Impex Limited

These subsidiaries were incorporated in November and December 2023, respectively, to explore business opportunities in the real estate and jewelry markets.

Balance Sheet Highlights

As of September 30, 2025, Parshva Enterprises reported:

Total Assets: Rs. 1,748.95 lakhs
Total Equity: Rs. 1,389.86 lakhs
Current Assets: Rs. 1,718.82 lakhs
Current Liabilities: Rs. 359.09 lakhs

The company maintains a strong balance sheet with a healthy equity position and manageable liabilities.

Investors and stakeholders can access the detailed financial results on the company's website at www.parshvaenterprises.co.in and on the BSE website at www.bseindia.com .