Simandhar Impex Limited is a Public Limited Company incorporated on December 15, 2023. The company emerged following a Scheme of Arrangement involving Parshva Enterprises Limited (PEL), as approved by the National Company Law Tribunal, Mumbai Bench, on October 13, 2025. As per the scheme, PEL was demerged, and its Jewellery Business Undertaking was transferred to Simandhar Impex Limited as a going concern, with the transfer becoming effective on October 17, 2025.
Under the arrangement, Simandhar Impex Limited issued and allotted 30,56,925 equity shares of face value Rs 10 each on December 22, 2025, reflecting its post-restructuring equity structure. This issuance underscores the company’s focus on directly owning and operating the jewellery business acquired through the demerger process.
Simandhar Impex Limited’s primary business stems from the demerged operations of Parshva Enterprises Limited, specifically in the jewellery segment, establishing its presence as a specialized entity focused on this sector.