Parsvnath developers Limited has announced that its Board of Directors will convene on February 11, 2026, to consider and approve the company's financial results for the third quarter of fiscal year 2026. The meeting has been scheduled in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board meeting will focus on reviewing and approving the financial performance for a comprehensive reporting period. The directors will examine both standalone and consolidated financial results covering the quarter and nine months ended December 31, 2025.

Trading Window Restrictions

In accordance with regulatory requirements, Parsvnath Developers has implemented trading window restrictions for designated persons and their immediate relatives. The trading window closure became effective from January 01, 2026, as part of the company's Code of Conduct to regulate, monitor and report trading activities.

The restrictions will remain in place until 48 hours after the declaration of financial results for the quarter and nine months ended December 31, 2025. This measure ensures compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Regulatory Compliance

The company has fulfilled its disclosure obligations by notifying both the National Stock Exchange of India Limited and BSE Limited about the upcoming board meeting. Company Secretary and Compliance Officer Atul Kumar Gupta signed the official communication to the stock exchanges, ensuring transparency in corporate governance practices.

The company's Code of Conduct governing insider trading regulations is available on its official website at www.parsvnath.com for stakeholder reference.

IDBI Trusteeship Services Limited has executed a significant disposal of equity shares in Parsvnath Developers Limited, selling 88,90,984 shares through open market transactions on stock exchanges. The disposal was conducted under regulatory disclosure requirements pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details and Timeline

The share disposal occurred over an extended period from July 17 to December 22, through open market transactions on both NSE and BSE. IDBI Trusteeship Services acted in its capacity as debenture trustee and share pledge trustee for the benefit of lenders and debenture holders.

Shareholding Impact

The transaction resulted in a notable reduction in IDBI Trusteeship Services' shareholding in Parsvnath Developers Limited. The disposal represents 2.04% of the company's total share capital.

Background and Rationale

The share disposal stems from events of default that occurred under the Debenture Trust Deed and related documents. These default events have remained uncured by Parsvnath Developers Limited, prompting action by the debenture holders. Following instructions from the debenture holders, IDBI Trusteeship Services proceeded with the sale of pledged equity shares through stock exchanges.

The shares were originally pledged by several promoter entities to secure debentures issued by Parsvnath Developers Limited. The pledging parties included:

• Mr. Pradeep Jain
• Mr. Pradeep Kumar Jain
• M/s. Pradeep Kumar Jain Sons HUF
• M/s. Parsnath and Associates Pvt Ltd

Company Capital Structure

Parsvnath Developers Limited maintains an equity share capital of ₹217.59 crores, consisting of 43,51,81,170 equity shares with a face value of ₹5.00 each. The total diluted share capital remains unchanged following this transaction.

Regulatory Compliance

IBDI Trusteeship Services emphasized that it does not operate as a trading entity in the securities market and does not acquire shares through purchase or investment activities. The sole purpose of the share disposal is to recover outstanding amounts due to debenture holders, rather than generating trading profits. Any future sales of pledged shares will be subject to prior instructions from debenture holders and will occur only if Parsvnath Developers continues to breach its payment obligations to debenture holders.