The revised policy has been updated in line with the applicable provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015 including amendments thereto. The policy is applicable to the Company in accordance with Regulation 23 of SEBI (LODR) Regulations, 2015, to the extent applicable to SME listed entities under Regulation 15(2).

Materiality Thresholds

The Company has fixed materiality thresholds for Related Party Transactions as follows:

  • Payment to a related party with respect to brand usage or royalty: 5% of the annual consolidated turnover of the Company as per its last audited financial statements
  • Other transactions with a Related Party (individually or taken together with previous transactions during a financial year): ₹50 crore or 10% of the annual consolidated turnover of the Company as per its last audited financial statements, whichever is lower

Approval Procedures

  • Prior approval of the Audit Committee is required for all Related Party Transactions and subsequent material modifications
  • For transactions where a subsidiary is a party but the Company is not, prior approval is required if value exceeds ₹1 crore and 10% of subsidiary's annual standalone turnover or the Company's materiality threshold, whichever is lower
  • Omnibus approval may be granted for repetitive transactions, valid for one year
  • Unforeseen transactions not exceeding ₹1 crore per transaction may receive omnibus approval
  • Ratification of transactions may occur within three months from transaction date for transactions not exceeding ₹1 crore in a financial year

Disclosure Requirements

The Company shall disclose Related Party Transactions to stock exchanges in the specified format on the date of publication of its standalone and consolidated financial results, on a half-yearly basis. The policy is available on the company website at https://www.paradeepparivahan.com/.

Policy Details

  • Policy effective from June 5, 2024
  • Last amended on May 22, 2026
  • Board to review policy once every three years
  • Policy communicated to all Directors, KMPs, and Management Committee members
  • Material modification defined as any change exceeding 20% of originally approved transaction value, or change in nature, scope, duration, counterparty, or commercial terms