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:

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:

1. The jewelry business has been transferred to Simandhar Impex Limited, a wholly-owned subsidiary of Parshva Enterprises.
2. The National Company Law Tribunal, Mumbai (NCLT) sanctioned the scheme on October 13, 2025.
3. The scheme became effective from October 17, 2025, upon filing the certified copies of the NCLT order with the respective Registrar of Companies.
4. 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:

1. Parshva Multitrade Limited
2. 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 .

Parshva Enterprises Limited has announced a revision to the record date for its demerger scheme with Simandhar Impex Limited, as per a recent corporate filing. This change comes following the scheme's sanction by the National Company Law Tribunal (NCLT), Mumbai Bench.

Key Details of the Demerger Scheme

Revised Record Date and Share Allotment

The company has pushed back the record date from October 29, 2025, to November 5, 2025. Shareholders of Parshva Enterprises whose names appear in the company's register on this revised date will be eligible to receive shares in Simandhar Impex Limited as part of the demerger process.

Under the terms of the arrangement, for every 10 equity shares held in Parshva Enterprises, shareholders will receive 3 fully paid-up equity shares of Rs 10 each in Simandhar Impex Limited.

Listing Plans and Regulatory Approvals

The equity shares to be allotted by Simandhar Impex Limited are proposed to be listed on the BSE Limited. However, this listing is subject to applicable regulations and necessary regulatory approvals.

Compliance and Communication

Parshva Enterprises has made this announcement in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested the stock exchange to take this information on record as part of its regulatory compliance.

This revision in the record date is a significant development for shareholders of Parshva Enterprises, as it determines their eligibility for receiving shares in Simandhar Impex Limited as part of the demerger process. Investors and stakeholders are advised to take note of this change and its potential implications on their shareholdings.