Paradeep Parivahan Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate confirms that the regulation remains non-applicable to the company as its entire shareholding continues in dematerialized form.

Quarterly Compliance Certificate Details

The certificate was filed through the company's Registrar and Share Transfer Agent, Bigshare Services Private Limited, and submitted to BSE Limited on April 06, 2026. Company Secretary and Compliance Officer Usha Rani Ray facilitated the regulatory submission to BSE's Corporate Relationship Department.

Dematerialization Status Confirmation

Bigshare Services Private Limited, acting as the company's registrar, confirmed that Regulation 74(5) remains non-applicable to Paradeep Parivahan Limited. The certification states that the company's entire shareholding remains in dematerialized form, with no requests received from members for rematerialization or dematerialization during the quarter ended March 31, 2026.

Regulatory Framework Compliance

The quarterly filing demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants. The certificate submission aligns with SEBI circulars dated January 25, 2019, including NSDL/CIR/II/5/2019 and DSL/OPS/RTA/POLICY/2019/14, ensuring transparency in share transfer and dematerialization processes.

Corporate Information

Paradeep Parivahan Limited operates with registered office at Room No-204, Above OBC Building, Bank Street Area, Port Town, Paradeep, Jagatsinghpur-754142, Odisha. The company maintains its compliance obligations through digital signature authentication and proper regulatory correspondence with stock exchanges.

Paradeep parivahan Limited has completed the allotment of 10,40,000 convertible equity warrants at Rs. 156.46 per warrant on a preferential basis, following board approval on March 21, 2026. The allotment was conducted after receiving in-principle approval from BSE Limited vide Letter no. LOD/PREF/MV/FIP/1834/2025-26 dated March 09, 2026, and shareholder approval through an extraordinary general meeting.

Warrant Allotment Details

The board of directors approved the allotment of 10,40,000 fully convertible equity warrants with a total value of Rs. 16,27,18,400. The company has received 25% of the issue price as application money, amounting to Rs. 4,06,79,600, at Rs. 39.115 per warrant in accordance with the applicable provisions of the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018.

Investor Details and Shareholding Impact

The warrants have been allotted to two investors on a preferential basis under Chapter V of the SEBI ICDR Regulations, 2018. The allotment includes both promoter and non-promoter categories.

*Post preferential issue shareholding calculated on fully diluted basis assuming complete warrant conversion.

Conversion Terms and Conditions

Each warrant is convertible into one equity share of Rs. 10.00 face value at a premium of Rs. 146.46 per share. The warrants can be exercised within 18 months from the allotment date by paying the remaining 75% of the issue price (Rs. 117.345 per warrant) in one or more tranches.

The equity shares allotted upon warrant conversion will be fully paid up and rank pari passu with existing equity shares in all respects, including dividend and voting rights. All outstanding warrants not exercised within the 18-month period will automatically lapse. The warrants shall be subject to appropriate adjustment for any interim corporate actions including capitalization of profits, demerger, or rights issue.

Regulatory Compliance

The allotment was conducted in accordance with the Companies Act, 2013, and SEBI (ICDR) Regulations, 2018. The board meeting was held from 6:00 p.m. to 7:00 p.m. on March 21, 2026, with proper regulatory disclosures made to BSE Limited under Regulation 30 of SEBI Listing Regulations. The disclosure is also available on the company's website at www.paradeepparivahan.com .