Paradeep Parivahan Limited has announced the adoption of the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). The decision was taken by the Board of Directors at its meeting held on May 22, 2026, in compliance with Regulation 8 read with Schedule A of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The newly adopted code establishes principles and practices to ensure that any information which could impact the price of securities is disclosed promptly, adequately, and uniformly. This measure is intended to prevent the selective disclosure of UPSI and maintain transparency in dealings with all stakeholders. The company stated that the code has been formulated to comply with the provisions of the SEBI regulations as amended from time to time.

Key Principles of Disclosure

Under the new framework, Paradeep Parivahan Limited is required to publicly disclose UPSI as soon as credible and concrete information comes into being. The company must ensure that such information is generally available to avoid selective disclosure. This involves communicating UPSI to stock exchanges and simultaneously disclosing it on the company’s official website.

The code mandates that financial results and investor presentations be made available on the website for public reference. Additionally, the company is required to promptly disseminate any UPSI that may have been disclosed selectively, inadvertently, or otherwise. The policy also outlines protocols for handling queries from news reports and verification of market rumors by regulatory authorities, ensuring that fair responses are provided when necessary.

Governance and Oversight

The Board has designated a Chief Investor Relation Officer (CIRO), who may be the CFO or another senior officer, to oversee the dissemination of information and ensure compliance with the Fair Disclosure Code. The CIRO is responsible for handling communications with stock exchanges, media, and other stakeholders. Employees of the company are prohibited from responding to such enquiries unless specifically authorized by the CIRO or the Managing Director.

To ensure the integrity of its information systems, the company will conduct a periodic audit at least once every financial year. The policy also includes provisions for the determination of "legitimate purposes" for sharing UPSI, such as compliance with legal obligations, contractual requirements, or interactions with statutory authorities.

Implementation Details

The Code of Fair Disclosure is effective from May 22, 2026. It has been communicated to all Directors, Key Managerial Personnel (KMPs), and members of the Management Committee. The updated code is available for inspection by stakeholders on the company’s official website.

Paradeep Parivahan Limited has scheduled a board meeting for Friday, May 22, 2026, to approve the audited financial results for the half year and financial year ended March 31, 2026. The meeting will be conducted in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will consider the standalone and consolidated financial results along with the Auditor's Report by the Statutory Auditor as required under Regulation 33 of the SEBI (LODR) Regulations, 2015.

IPO Fund Utilization

The company provided an update on its Initial Public Issue (IPO) funds raised on March 24, 2025. The total amount raised via the IPO was Rs. 44,86,44,000. Paradeep Parivahan reported that there is no deviation or variation in the use of the funds raised. The funds were primarily allocated to meet working capital requirements. The auditors have provided no comments on the utilization, indicating NIL remarks.

Fund Utilization Details

The following table outlines the utilization of the IPO proceeds:

Key Meeting Information

The Trading Window for dealing in the securities of the company by Designated Persons has been closed since April 01, 2026. It will reopen 48 hours after the declaration of the financial results. The intimation regarding the board meeting was signed by Usha Rani Ray, Company Secretary & Compliance Officer, on May 18, 2026.