Parshwanath Corporation Ltd

Financial results approved

• Unaudited quarterly results for the quarter ended 30 June 2026 approved; limited review report submitted.

Filing details

• Unaudited financial results for the quarter ended June 30, 2026 submitted with a limited review report.

Adoption of MOA/AOA

• Board meeting on 30 July 2026 approved adopting a new MOA and AOA, subject to Special Resolution.
• Changes replace existing MOA/AOA with documents aligned to Companies Act, 2013.
• Approval is subject to shareholders' consent and any required regulatory approvals.
• Purpose is to align MOA/AOA with applicable provisions of the Companies Act, 2013.

Board action

• Board approved alteration of Main Object Clause on 30 July 2026, subject to shareholder and regulatory approvals.
• Rationale: expand/diversify business and align MOA with current and future plans.
• Proposed amendment broadens object to enable extensive trading/enterprises across multiple sectors.
• Approving authority: Board, subject to Special Resolution by shareholders and other approvals.
• Annexure A contains detailed list of proposed business activities.

Board resolution

• Board approved Raj Patel as CFO and KMP, effective 30 July 2026.
• Term and conditions as approved by the Board.

Background

• Raj Patel holds B.Sc. in Computer Science with IT and digital transformation expertise.
• Raj Patel is not related to any director.

Board appointment

• Board approved appointment of Raj Patel as Additional Director, at meeting held on 30 July 2026.
• Appointed Additional Director from 30 July 2026, to hold till the ensuing AGM or the earlier AGM date.
• Subject to the applicable provisions of the Companies Act, 2013.
• Brief profile: Raj Patel holds a B.Sc. in Computer Science with IT and digital transformation expertise.
• Relationship: Raj Patel is son of MD Rushabh Patel and JMD Riddhiben Patel.

CFO resignation details

• Resigning CFO: Mrs. Riddhiben R. Patel.
• Effective last working day: 30 July 2026.
• Reason for resignation: due to personal reasons.
• No other material reasons stated.
• Board has accepted and taken the resignation on record.
• No interim or new CFO announced.

Book closure and AGM details

• Book closure from 23 August 2026 to 29 August 2026 (inclusive) for AGM.
• AGM scheduled for 29 August 2026 at 11:30 A.M. IST via VC/OAVM.
• Record/cut-off date for voting: 21 August 2026.
• E-voting window: 26 August 2026, 10:00 A.M. to 28 August 2026, 5:00 P.M.
• Shareholders on cut-off date may vote electronically; security: equity shares.

Board report and governance

• Board approved adoption of the board report with annexures for FY 2025-26.
• Alteration of main object is subject to shareholder approval at AGM.
• Adoption of new MOA and AOA.

AGM calendar and related notices

• Book closure from 23 Aug to 29 Aug 2026 for AGM.
• Cut-off date for voting on resolutions fixed at 21 Aug 2026.
• EVoting window opens 26 Aug and closes 28 Aug 2026.
• Notice for convening 40th AGM to be held on 29 Aug 2026 via VC.

Appointments and resignations

• Mr. Raj Patel appointed as Additional Director.
• Ms. Riddhiben R. Patel resigns as CFO.
• Mr. Raj Patel appointed as CFO.

Scrutinizer appointment

• Kajal Ankit Shukla appointed as Scrutinizer for AGM.

Related party transaction

• Entered into related party transaction with IRNB for services.

Meeting Details

• Board meeting scheduled for 30 July 2026 at 11:00 AM at the registered office.

Key Agenda Items

• Adopt Board Report and Annexures for 2025-2026.
• Fix AGM date and authorize notice issuance to shareholders.
• Decide book closure date, e-voting date, and cut-off dates for AGM.
• Appoint Scrutinizer for voting procedure at AGM.
• Alter main Object of the Company.
• Adopt new Memorandum and Articles of Association.
• Appointment of a new Director.
• Any other matter with the permission of the Board.

Other Notes

• Not disclosed any trading window closure details.