Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Parshwanath Corporation Limited has submitted its 39th Annual Report for FY 2024-25 along with the notice for its AGM, scheduled for Friday, 8th July 2025 at 11:00 AM at the registered office in Ahmedabad. Revenue from operations rose to Rs. 70.19 Lakhs (from Rs. 59.16 Lakhs last year), while net profit grew modestly to Rs. 55.59 Lakhs (from Rs. 51.64 Lakhs). The company, which historically operates in real estate and construction, currently has no active projects and depends primarily on interest income. Key AGM items include reappointment of director Mr. Asit A. Vyas, appointment of MBD & Co. LLP as the new statutory auditor for 5 years (filling a casual vacancy after the resignation of SGDG & Associates LLP), appointment of a new Secretarial Auditor, and shareholder approval for granting loans, guarantees or investments up to Rs. 500 Crores per annum. No dividend has been recommended for the year.
This is a routine regulatory filing with no material change for shareholders. The proposed Rs. 500 Crore loan/investment limits are significantly larger than the company's current scale (revenue under Rs. 1 Crore), giving the board wide future flexibility but unlikely to impact the stock in the near term.