- Business
- Parle Industries Ltd engages in infrastructure and real estate development; paper waste recycling; and allied activities including waste management and inventory holding. The company operates primarily in India, with its headquarters in Mumbai, Maharashtra, and was founded in 1983. It conducts business through segments focused on infrastructure projects, real estate initiatives, and paper waste recycling processes targeting industrial users.
Core offerings encompass development of infrastructure and real estate properties; recycling of paper waste and allied products; and holding of inventories for operational support. The company, formerly known as Parle Software Ltd, provides these services to clients across various industries with a focus on environmental and commercial services.
In recent developments, Parle Industries Ltd terminated its share purchase agreements with Welldone Integrated Services Private Limited and Marvelous Vickyfoods Private Limited in June 2025 due to non-compliance in share transfers, preventing these entities from becoming wholly-owned subsidiaries. This followed an attempted acquisition via share-swap in 2024, marked by disputes over board representation and financial consolidation. The company maintains its strategic emphasis on infrastructure, real estate, and recycling segments amid these operational adjustments.