Parin Enterprises wins Rs 3.69 Cr furniture supply contract

Parin Enterprises Limited has secured a contract worth Rs 3.69 Crores from PSP Projects & Proactive Constructions Private Limited for the supply of furniture to the Adani-Mundra Staff Accommodation. The order value is fixed at Rs 3.69 Crores, marking a significant business development for the company. The company received the intimation regarding this order on May 29, 2026, at around 6:08 P.M IST.

The contract involves the supply of furniture specifically for the Adani-Mundra Staff Accommodation project. This order was disclosed to the exchanges under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The confirmation of the order was officially communicated to the National Stock Exchange of India Limited on May 30, 2026.

Contract Details

The following table outlines the key details of the contract awarded to Parin Enterprises Limited:

Detail	Description
Client	PSP Projects & Proactive Constructions Private Limited
Project	Adani-Mundra Staff Accommodation
Order Value	Rs 3.69 Crores
Intimation Date	May 29, 2026

Parin Enterprises Limited, formerly known as Parin Furniture Limited, operates from its registered office and factory located in Rajkot, Gujarat. The company focuses on manufacturing and supplying furniture solutions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.03%	+2.04%	+10.67%	+15.14%	+92.70%	+1,351.25%

Parin Enterprises Limited has secured shareholder approval to migrate from the SME board to the main board of the National Stock Exchange of India. The special resolution, which required a majority vote, was passed with 100% of the votes cast in favour, enabling the company to transition to the main exchange platform.

The voting process was conducted exclusively through remote e-voting, facilitated by Kfin Technology Limited, between April 25 and May 24, 2026. A total of 70 members participated, casting 9,155,052 valid votes in favour of the resolution, with no votes registered against it.

The breakdown of the votes shows strong support from both the promoter group and public shareholders. The promoter group cast 8,017,996 votes, while non-promoters contributed 1,137,056 votes. There were 6,000 abstain votes recorded during the process.

The postal ballot notice was circulated to shareholders on April 21, 2026, with a cut-off date of April 17, 2026, for determining eligibility. The scrutinizer's report, submitted by Vipin Kumar Chhawchhriya of VC & Associates, confirmed that the resolution was passed with the requisite majority as of May 24, 2026.