Intimation of Revised Record Date
Price
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Parshva Enterprises Ltd has revised the record date for its scheme of arrangement (demerger) with Simandhar Impex Limited. The original record date of Wednesday, 29th October 2025 has been pushed back to Wednesday, 5th November 2025. The NCLT Mumbai Bench had sanctioned the scheme on 13th October 2025. Under the scheme, shareholders of Parshva Enterprises on the revised record date will receive 3 fully paid-up equity shares of Rs 10 each of Simandhar Impex for every 10 shares held in Parshva Enterprises. The new shares of Simandhar Impex are proposed to be listed on BSE subject to regulatory approvals.
Shareholders need to hold Parshva Enterprises shares by 5th November 2025 to be eligible for the demerger entitlement. The one-week delay gives additional time for share purchases or transfers, but does not change the underlying ratio or benefits of the scheme.