Please find enclosed herewith Outcome of Board Meeting held on 20th August, 2025. Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure ....
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Parshva Enterprises Ltd held a board meeting on August 20, 2025 where several key decisions were taken. Mr. Prashant Vora, the existing Managing Director, was also appointed as Managing Director of the wholly-owned subsidiary Simandhar Impex Limited. Mr. Harsh Vora was redesignated from Executive Director to Non-Executive Director. Two new Independent Directors were appointed: Mr. Tejas Shah and Ms. Meghna Savla, each for a first term of 5 years. Additionally, Mr. Gaurav Subhash Said was appointed as the new Chief Financial Officer and Key Managerial Personnel. All appointments are effective August 20, 2025 and remain subject to shareholder approval where applicable.
The changes strengthen governance by adding two independent directors and a new CFO, while moving a family-board member (Harsh Vora) from executive to non-executive role. Shareholders should watch for the postal ballot or AGM outcome, as some of these changes require their approval. No material financial impact is expected from these internal restructuring moves.