PDP Shipping & Projects Ltd has announced the closure of its trading window starting October 1, 2026. This restriction applies to designated persons and their immediate relatives until 48 hours after the declaration of financial results for the half year ending September 30, 2026.

The move complies with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct. The board meeting date for approving the H1FY27 financials will be intimated separately in due course.

Compliance details

The trading window closure is a standard procedural requirement to prevent insider trading during sensitive periods preceding earnings announcements. The company notified BSE Limited of this development on September 28, 2026.

PDP Shipping & Projects Limited shareholders adopted the audited standalone financial statements for the fiscal year ended March 31, 2026, during its 17th Annual General Meeting held on September 25, 2026. The meeting also approved the re-appointment of Animesh Kumar as a Director liable to retire by rotation.

The proceedings were governed by Regulation 30 of the SEBI Listing Regulations, with results submitted to stock exchanges following the vote. The meeting was conducted via Video Conferencing and Other Audio-Visual Means.

Key resolutions passed

The agenda items were voted upon through remote e-voting between September 22 and September 24, 2026, followed by e-voting during the meeting. The key ordinary resolutions included:

• Adoption of Financial Statements: Consideration and adoption of audited standalone financial statements for FY26, along with Board and Auditor reports.
• Director Re-appointment: Re-appointment of Animesh Kumar (DIN: 02534914) as Director retiring by rotation.
• Dividend Declaration: Approval of final dividend on equity shares for FY26.
• Remuneration Revision: Revision in remuneration for Shalini Abhiuday Verma, Whole-time Director.

Voting results analysis

The consolidated voting results indicate strong shareholder support for all proposed resolutions. A total of 29,74,424 shares were outstanding, with 22,71,424 votes polled across the first three ordinary resolutions, representing 76.37% participation on outstanding shares. The promoters and promoter group voted 100% in favour, while institutional public shareholders recorded 99.37% in favour and 0.63% against.

For the fourth resolution regarding the remuneration revision for Shalini Abhiuday Verma, which required a Special Resolution majority, the vote count differed slightly due to regulatory restrictions on interested parties voting. Promoter group shares voted in this item dropped to 20,73,653, resulting in a total polled vote of 22,32,682 (75.06% of outstanding shares). Despite the lower participation count, the resolution passed with 99.96% of valid votes in favour.

Governance and attendance

The meeting was chaired by Animesh Kumar, Managing Director and Chairman. Key management personnel present at the registered office in Navi Mumbai included Shalini Abhiuday Verma, Whole-time Director, and Sheela Anand Nadar, Chief Financial Officer.

All Independent Directors attended virtually:

Representatives from the Statutory Auditor, Secretarial Auditor, Internal Auditor, and Scrutinizer Manish Sancheti were also present. The Notice of the AGM and Auditors' Reports were taken as read, noting that the reports were unqualified.