Paradeep Parivahan AGM Approves All Seven Resolutions

Meeting Details

The 26th Annual General Meeting of Paradeep Parivahan Limited was held on Wednesday, August 26, 2026 at 12:30 p.m. (IST) at MAYFAIR Bay Resort, Plot No.47(P) & 56(P), Marine Drive Road, Paradeep, Pin-754142, Odisha, India.

The meeting was conducted in compliance with the Companies Act, 2013, MCA Circular, and SEBI Circulars and Listing Regulations.

Scrutinizer Appointment

The Board of Directors appointed CS Jyotirmoy Mishra (FCS-6556, CP No-6022) of 'Sunita Jyotirmoy & Associates, Company Secretaries (FRN: P2003OR014400), Bhubaneswar, as the Scrutinizer for remote e-voting and voting through ballot paper at the AGM.

Voting Period

Remote e-voting was conducted between Saturday, August 22, 2026 at 9:00 a.m. (IST) to Tuesday, August 25, 2026 at 5:00 p.m. (IST).

Record Date

The record date for determining shareholders entitled to vote was August 19, 2026.

Shareholder Participation

• Total number of shareholders on record date: 775
• Shareholders present in meeting (in person or through proxy):
• Promoters and Promoter group: 3
• Public: 3
• Shareholders attended through video conferencing: 0
• One member cast vote through physical ballot paper at AGM venue holding 2,400 shares

Total Share Capital

15,918,000 shares

Resolution Details

Resolution 1: Ordinary Resolution

Description: To receive, consider and adopt the Audited Balance Sheet and Profit & Loss account for the year ended March 31, 2026 and the reports of the Board of Directors and auditors thereon.

Promoter Interest: Not specified

Result: Passed

Voting Results:

• Total votes polled: 11,062,780 (69.48% of outstanding shares)
• Votes in favor: 11,062,780 (100%)
• Votes against: 0 (0%)

Resolution 2: Ordinary Resolution

Description: To regularize the appointment of Mr. Abdul Basith Shaikh (DIN: 11070576) as an Executive Director of the company.

Promoter Interest: Yes

Result: Passed

Voting Results:

• Total votes polled: 1,960,380 (12.32% of outstanding shares)
• Votes in favor: 1,960,380 (100%)
• Votes against: 0 (0%)

Resolution 3: Special Resolution

Description: To consider and approve remuneration payable to Mr. Abdul Basith Shaikh (DIN: 11070576), Executive Director of the Company.

Promoter Interest: Yes

Result: Passed

Voting Results:

• Total votes polled: 1,960,380 (12.32% of outstanding shares)
• Votes in favor: 1,960,380 (100%)
• Votes against: 0 (0%)

Resolution 4: Special Resolution

Description: To consider and approve remuneration payable to Directors other than Managing Director.

Promoter Interest: Not specified in available data

Result: Passed

Voting Results:

• Total votes polled: 560,440 (3.52% of outstanding shares)
• Votes in favor: 560,440 (100%)
• Votes against: 0 (0%)

Resolution 5: Special Resolution

Description: To consider and approve the revision in remuneration of Mr. Khalid Khan (DIN: 06432054), Managing Director and CEO of the company.

Promoter Interest: Yes

Result: Passed

Voting Results:

• Total votes polled: 1,960,380 (12.32% of outstanding shares)
• Votes in favor: 1,960,380 (100%)
• Votes against: 0 (0%)

Resolution 6: Special Resolution

Description: To obtain Approval to Advance any loan/give guarantee/provide security under section 185 of the Companies Act, 2013.

Promoter Interest: No

Result: Passed

Voting Results:

• Total votes polled: 11,060,380 (69.48% of outstanding shares)
• Votes in favor: 11,060,380 (100%)
• Votes against: 0 (0%)

Resolution 7: Special Resolution

Description: To approve borrowing of funds from the banks and financial institutions to an aggregate sum of Rs. 300 crores (fund and non-fund based).

Promoter Interest: Not specified in available data

Result: Passed

Voting Results:

• Total votes polled: 11,062,780 (69.48% of outstanding shares)
• Votes in favor: 11,062,780 (100%)
• Votes against: 0 (0%)

Scrutinizer's Report Details

The scrutinizer's report provided detailed breakdown of voting by mode:

Resolution 1:

• Remote e-voting: 10,792,780 votes (97.56%)
• Electronic voting at AGM: 267,600 votes (2.42%)
• Physical ballot at AGM: 2,400 votes (0.02%)

Resolution 2:

• Remote e-voting: 1,692,780 votes (86.24%)
• Electronic voting at AGM: 267,600 votes (13.64%)
• Physical ballot at AGM: 2,400 votes (0.12%)

Resolution 3:

• Remote e-voting: 1,692,780 votes (86.24%)
• Electronic voting at AGM: 267,600 votes (13.64%)
• Physical ballot at AGM: 2,400 votes (0.12%)

Resolution 4:

• Remote e-voting: 292,840 votes (52.03%)
• Electronic voting at AGM: 267,600 votes (47.54%)
• Physical ballot at AGM: 2,400 votes (0.43%)

Resolution 5:

• Remote e-voting: 1,692,780 votes (86.24%)
• Electronic voting at AGM: 267,600 votes (13.64%)
• Physical ballot at AGM: 2,400 votes (0.12%)

Resolution 6:

• Remote e-voting: 10,792,780 votes (97.56%)
• Electronic voting at AGM: 267,600 votes (2.42%)
• Physical ballot at AGM: 2,400 votes (0.02%)

Resolution 7:

• Remote e-voting: 10,792,780 votes (97.56%)
• Electronic voting at AGM: 267,600 votes (2.42%)
• Physical ballot at AGM: 2,400 votes (0.02%)

Document Submission

The voting results have been uploaded on the Company's website at https://www.paradeepparivahan.com/home/notices.