BSECompany Update30 Jul 2026 · 30 Jul 2026, 01:56 pm
Addition in Main object of the Company
Parshwanath Corporation Ltd · 511176
✦ AI SummaryExpansion
Parshwanath Corporation Ltd has announced the alteration of its Main Object Clause of the Memorandum of Association to expand and diversify its business, enabling it to engage in various new activities such as trading, exporting, and importing.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment4/10
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Full Announcement
Parshwanath Corporation Ltd - 511176 - Announcement under Regulation 30 (LODR)-Meeting Updates
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PARSHWANATH CORPORATION LIMITED
Regd. Office: 50 Harisiddh Chambers, 3rd Floor, Ashram Road, Ahmedabad-380012
CIN: L45201GJ1985PLC008361 Ph:079-27540647
Website: www.parshwanath.co.in
Mail id: ltd@parshwanath.co.in
Date: 30/07/2026
BSE Limited
Listing Department,
The Stock Exchange Mumbai,
P J Tower, Dalal St
Mumbai-400001
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 – Approval for
Alteration of the Main Object Clause of the Memorandum of Association of the Company
Ref: BSE Scrip Code: 511176 BSE Symbol: PARSHWANA
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we would like inform you that the Board of Directors of
Parshwanath Corporation Limited ("the Company"), at its meeting held on 30th July, 2026, has
approved the alteration of the Main Object Clause of the Memorandum of Association ("MOA")
of the Company subject to the approval of the shareholders of the Company and such other
statutory/regulatory approvals as may be required,.
The proposed alteration is being undertaken to enable the Company to expand/diversify its
business and to align the Main Object Clause with the Company's present and future business
plans. Details of same mentioned in Annexure A.
Kindly take this information in record in compliance with applicable statutory provisions.
Thanking you,
For, Parshwanath Corporation Limited,
Mrs. Riddhiben R. Patel
Joint Managing Director
DIN: 00047238
PARSHWANATH CORPORATION LIMITED
Regd. Office: 50 Harisiddh Chambers, 3rd Floor, Ashram Road, Ahmedabad-380012
CIN: L45201GJ1985PLC008361 Ph:079-27540647
Website: www.parshwanath.co.in
Mail id: ltd@parshwanath.co.in
Annexure A
Disclosure of information Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Particulars Details
Existing Main Object To carry on the business of providing long term finance for
Clause construction or purchase of houses in India for residential purposes.
To design, build, construct, improve, execute, carryout, establish,
acquire, maintain, remodel, alter, develop, work, control, manage,
take, on lease, purchase or acquire, layout, build, erect, demolish,
repair under any terms and conditions in India or abroad Lands,
Buildings, Offices, Townships, Flats, Houses, Factories, Warehouses,
Godowns, Shops, Industrial Estates, Co-op. Housing Societies, Hotels,
Clubs, Theatres, Water Works, Electric Generating Stations, Roads,
Highways, Tramways, Underground Rail-roads, Ports, Harbors,
Workshops, Bath Places, Schools, Restaurants, Gardens, Parks,
Green Houses, Play Grounds, Zoo, Museums, Places of Amusements,
Libraries, Reading Rooms, Pavilions, Vehicle Stands, Garages, Dairy
Farms, Bridges, Dams, Canals, Wells and to undertake or provide all
types of services as interior Decorators and Design Furnishers.
To act as Organisers, Contractors, Promoters or Agents of any Co-
operative Societies or any other Private or Public bodies or any other
Institutions or any Government or semi Government bodies or
Individuals and to undertake either on its own or on behalf of such
Co-operative Housing Societies, Private, or Public bodies or the
Institutions, the business as agents for sale of Flats, Houses, Townships
and deal in Properties and lands as Traders and to make investments
in any kind of properties and land either for the purpose of holding
it for resale or for giving the property in exchange lease, exchange,
anywhere in India subject to the provisions of any law for the time
being in force.
Proposed Amendment Trading/ Enterprises:
To carry on the business as exporter, importer, traders, buyers,
sellers, merchant, agents, dealers, distributors, commission agents,
brokers, stockiest, factors, consignors, collaborators, franchisers,
concessionaire, consultant, advisors, manufacturer’s representative,
job worker, assembler, repairers and other wise to deal in all kinds,
classes, size, nature and description of Industrial, Commercial,
Consumer, Capital Goods, Item, Things, Articles, Commodities,
Merchandise, Products weather finished, semi-finished or raw
material including chemical, coal and Coal product, Engineering
Goods, Equipment, Apertures, Home-Appliances, Household,
Automobiles, Chemicals, Pigments, Colours, Paints and Varnishes,
Electrical and electronic goods, Computer Hardware, Software, Gift
Article, Toys, Readymade Garments, Fibers ana Fabrics, Yam,
Textile, Hosiery Goods, Foot wares, Decorative, Glass and Glass
PARSHWANATH CORPORATION LIMITED
Regd. Office: 50 Harisiddh Chambers, 3rd Floor, Ashram Road, Ahmedabad-380012
CIN: L45201GJ1985PLC008361 Ph:079-27540647
Website: www.parshwanath.co.in
Mail id: ltd@parshwanath.co.in
Products, Glass ware, Crockery, Beverages, Minerals, Fertilizers,
Pesticides, Drugs, Medicines and Pharmaceuticals, Seeds, Food
grains, Spices, Cereals, Flours, Fruits, Dry fruits, Vegetables, Herbal
and Aurvedic Products, Agriculture produce and products, Milk and
Dairy Products, Food products, Marine Products, Sugar and Sugar
Products, Tea and Coffee, Tobacco, Cosmetics, Cement, Cement
Product, Ceramics Products, Sanitary ware Salt, Dyes, Intermediates,
Diamond, Gold, Jewelry, Novelty, Stationery, Ferrous and non-
ferrous metals, Solvent, Oil edible and non-edible, Lubricants, fuel
additive, Stones, Marbles and Granites, Mining products, Plastic and
Polymers products, Timber, Wood and Wooden article, Furniture,
Petroleum product.
Real Estate:
To carry on the business of real estate consultants, brokers,
commission agents, intermediaries, facilitators, representatives and
advisors and to act as agents for the purchase, sale, lease,
exchange, mortgage, renting, management and dealing in
residential, commercial, industrial, agricultural and other immovable
properties and to earn commission, brokerage, fees, service charges
and other remuneration therefrom, subject to the provisions of
applicable laws, including the Real Estate (Regulation and
Development) Act, 2016 and the rules framed thereunder
To carry on the business of real estate brokerage, agency,
consultancy and advisory services and to act as commission agents,
facilitators and intermediaries in connection with the purchase, sale,
lease, licensing, renting, development and management of all kinds
of immovable properties and to earn commission, brokerage, fees
and other incidental income therefrom, subject to applicable laws
Commodities:
To carry on the business of buying, selling, importing, exporting,
trading, dealing, distributing, storing, processing and otherwise
dealing in all kinds of commodities, including agricultural
commodities, metals, minerals, energy products and other goods and
merchandise, either on its own account or on behalf of others, and to
act as traders, commission agents, brokers, distributors, stockists,
representatives and facilitators in connection therewith, subject to
applicable laws and regulatory approvals.
Rationale for the To enable the Company to undertake and expand its business
Amendment activities in the proposed line of business and to align the MOA
with its strategic business objectives.
Approving Authority Board of Directors (subject to shareholders' approval by Special
Resolution and other applicable statutory approvals, if any)
You are requested to please take note of the same on your record.
Date:30/07/2026
Place: Ahmedabad
PARSHWANATH CORPORATION LIMITED
Regd. Office: 50 Harisiddh Chambers, 3rd Floor, Ashram Road, Ahmedabad-380012
CIN: L45201GJ1985PLC008361 Ph:079-27540647
Website: www.parshwanath.co.in
Mail id: ltd@parshwanath.co.in
For, Parshwanath Corporation Limited,
Mrs. Riddhiben R. Patel
Joint Managing Director
DIN: 00047238