Please find the attached Outcome of Board Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Parle Industries Limited held an adjourned Board meeting on 28th May 2026 and approved its audited standalone and consolidated financial results for Q4 and FY ended 31st March 2026. Statutory auditors M/s. ARCK & Co. issued an unmodified opinion. Standalone PAT for the year stood at Rs. 38.15 Lakhs vs Rs. 5.06 Lakhs in the prior year. Consolidated PAT was Rs. 45.71 Lakhs vs Rs. 66.31 Lakhs year prior. The auditors included an Emphasis of Matter regarding terminated Share Purchase Agreements with WISPL and MVPL — Rs. 81.54 Crores in share capital and securities premium was forfeited and reclassified to 'Other Current Assets' pending arbitration. The subsidiaries were not consolidated as their financials were unavailable. Total equity reduced from Rs. 14,556.85 Lakhs to Rs. 11,326.56 Lakhs on consolidation, largely due to the forfeited shares reserve transfer.
The company reports improved standalone profitability but significant consolidated revenue decline and unresolved legal/arbitration matters around the WISPL/MVPL share swap remain a key risk factor for investors.