Informed to the Exchange regarding Apportionment of Cost of Acquisition of Equity Shares of Parshva Enterprises Limited and Simandhar Impex Limited

Parshva Enterprises Ltd (PEL) has informed shareholders about the cost of acquisition split following the NCLT-sanctioned demerger of its Jewellery Business into Simandhar Impex Limited (SIL), effective with a record date of 5th November 2025. Under the scheme, shareholders received 3 equity shares of SIL (Rs 10 face value) for every 10 shares held in PEL. The pre-demerger cost of acquisition has been apportioned as 76.48% to PEL and 23.52% to SIL for tax purposes. The demerger qualifies as tax-neutral under Section 2(19AA) of the Income Tax Act, 1961, so shareholders will not face any tax liability on the transfer.