PARSVNATH DEVELOPERS LTD.

The Supreme Court of India, in an order dated July 13, 2026, has directed the freezing of bank accounts of Parsvnath Developers Ltd and its subsidiary Parsvnath Hessa Developers Private Limited, along with personal accounts of their directors and officers. This action stems from a writ petition concerning possession of flats and compensation for the Parsvnath Exotica project in Gurugram. Bailable warrants have also been issued for the appearance of the companies' directors and officers on July 20, 2026. Furthermore, the creation of third-party rights or any transactions involving the immovable assets of the two companies are stayed until further notice. The court highlighted the plight of homebuyers who paid full consideration years ago but have not received possession.

Parsvnath Developers Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 01, 2026, until 48 hours after the declaration of financial results for the quarter ending June 30, 2026. The company also noted that the trading window is already closed for the quarter and year ended March 31, 2026.

Parsvnath Developers Ltd has informed the stock exchanges about the appointment of Mr. Manoj Kumar Anand as the Resolution Professional. This decision was made by the Committee of Creditors in their 1st meeting held on June 10, 2026, with the e-voting process concluding on June 16, 2026. The appointment signifies a step forward in the company's insolvency resolution process.

Parsvnath Developers Ltd has submitted a list of its creditors as of May 27, 2026, in compliance with SEBI and IBBI regulations. This submission is part of the ongoing Corporate Insolvency Resolution Process (CIRP) which commenced on April 30, 2026. The attached list details various financial creditors, including individuals and companies, with significant claimed and admitted amounts, predominantly for unsecured claims related to property projects. The filing highlights the financial obligations of the company under the insolvency proceedings.

Parsvnath Developers Ltd has announced that the first meeting of its Committee of Creditors is scheduled to be held on Wednesday, June 10, 2026. The meeting will be conducted by the Interim Resolution Professional, Mr. Manoj Kumar Anand. This meeting is a procedural step under the insolvency resolution process.

The National Company Law Appellate Tribunal (NCLAT) upheld the National Company Law Tribunal's (NCLT) order dated April 30, 2026, which admitted a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Parsvnath Developers Ltd. This initiates the Corporate Insolvency Resolution Process (CIRP) against the company. The original petition was filed due to defaults under loan agreements, with the NCLAT order affirming the commencement of CIRP.

532780 has announced a delay in submitting its Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The company attributes this delay to unavoidable circumstances, specifically being under a Corporate Insolvency Resolution Process (CIRP). This disclosure is made in compliance with SEBI Listing Regulations, indicating the company's efforts to adhere to regulatory requirements despite its current operational status.

IDBI Trusteeship Services Ltd, acting as Share Pledge Trustee/Debenture Trustee, disclosed the sale of 32,27,730 shares of Parsvnath Developers Limited in the open market and the transfer of 1,27,12,835 shares in off-market to Lenders/Debenture Holders. This action follows previous disclosures regarding the invocation of pledge and sale of shares. The sale was executed due to defaults under the Debenture Trust Deed, with IDBI Trusteeship acting on the instructions of the debenture holders.

Parsvnath Developers Limited has initiated a Corporate Insolvency Resolution Process (CIRP) as per the order of the National Company Law Tribunal (NCLT), New Delhi, dated April 30, 2026. Mr. Manoj Kumar Anand has been appointed as the Interim Resolution Professional (IRP). The public announcement was made on May 13, 2026, inviting creditors to submit their claims by May 27, 2026. The estimated date for closure of the insolvency resolution process is October 27, 2026.

Edelweiss Asset Reconstruction Company Ltd, as trustee of EARC TRUST SC - 453, has disclosed its shareholding in Parsvnath Developers Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure reveals that Edelweiss ARC's shareholding in Parsvnath Developers has changed from 5.28% to 4.96% of the total voting capital, with a corresponding decrease in the number of shares carrying voting rights from 2,25,88,565 to 2,12,17,429. The acquisition/sale of shares occurred between December 26, 2025, and May 05, 2026, through open market transactions.