Simandhar Impex Limited has issued a formal clarification to the Bombay Stock Exchange on January 8, 2026, addressing recent movements in its share price. The company's response comes as part of regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Clarification on Price Movement

The company has categorically stated that no unpublished price sensitive information has been shared by the management or insiders. Additionally, no trading in the company's securities has been carried out by management or insiders during the period of price movement.

Market-Driven Movement

Simandhar Impex Limited emphasized that the movement in share price is purely market-driven and may be attributed to various market factors. The management has clarified that it has no role in the said price movement, indicating that the fluctuations are a result of normal market dynamics rather than any internal corporate developments.

Regulatory Compliance

The company has reaffirmed its commitment to transparency and regulatory compliance. Simandhar Impex Limited stated that it has been regularly disclosing all material information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has assured that it will continue to make necessary disclosures as and when required.

The clarification was signed by Saloni Abhishek Shah, Company Secretary & Compliance Officer, and submitted to the exchange for record purposes. This proactive communication demonstrates the company's adherence to corporate governance standards and commitment to maintaining transparency with stakeholders.

Simandhar Impex Limited's promoter group has successfully acquired a substantial stake in the company through a demerger scheme with Parshva Enterprises Limited. The acquisition represents a significant corporate restructuring that has resulted in the promoters holding a majority position in the listed entity.

Acquisition Details

The substantial acquisition disclosure filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals the following key details:

Demerger Scheme Structure

The acquisition occurred through a comprehensive demerger arrangement between Parshva Enterprises Limited (Demerged Company) and Simandhar Impex Limited (Resulting Company). The scheme was implemented under Sections 230-232 of the Companies Act, 2013, ensuring full regulatory compliance.

Key aspects of the demerger include:

• Pre-Scheme Capital: 10,000 equity shares of ₹10 each held by Parshva Enterprises
• Post-Scheme Capital: 30,56,925 equity shares of ₹10 each

Current Share Capital Structure

Following the completion of the demerger, Simandhar Impex Limited's capital structure has been significantly restructured:

Promoter Group Composition

The promoter group of Simandhar Impex Limited comprises multiple entities and individuals, with Prashant Avantilal Vora leading as the primary promoter. The group includes various family members and associated entities, collectively holding the majority stake in the company.

Regulatory Compliance

The transaction has been conducted in full compliance with regulatory requirements, including proper disclosure under SEBI takeover regulations. The company has filed all necessary documents with BSE Limited and maintained transparency throughout the demerger process.

The successful completion of this demerger scheme marks a significant milestone in Simandhar Impex Limited's corporate journey, establishing a clear promoter-led ownership structure while ensuring compliance with all applicable regulations and listing requirements.