Paradeep Parivahan Limited's board of directors has approved a significant fund raising initiative worth ₹18.74 crores through the issuance of convertible equity warrants. The board meeting, held on January 7, 2026, concluded several key decisions including fund raising approval and important management changes.

Fund Raising Details

The board approved raising funds through issuance of up to 12 lakh fully convertible equity warrants at an issue price of ₹156.17 per warrant. The comprehensive fund raising structure includes:

The issue price is based on a pricing certificate issued by CMA Asutosh Debata, an independent Cost Accountant in Practice and Registered Valuer. The warrants are convertible into fully paid-up equity shares within 18 months from the date of allotment.

Allottee Distribution

The proposed allottees include three investors across promoter and public categories:

Shareholding Impact

Post-conversion, the shareholding pattern will see marginal changes in promoter holding:

Key Management Changes

The board noted significant changes in key managerial positions. Mr. Nasir Uddin Khan resigned as Chief Financial Officer effective December 23, 2025, citing personal reasons. Additionally, Mrs. Alka Bothra resigned as Company Secretary and Compliance Officer effective January 7, 2026, due to personal issues and relocation.

The board approved the appointment of Ms. Usha Rani Ray as the new Company Secretary and Compliance Officer effective January 7, 2026. Ms. Ray is an associate member of the Institute of Company Secretaries of India with membership number A79021.

Regulatory Approvals and Next Steps

The fund raising proposal requires regulatory and statutory approvals from relevant authorities, along with shareholder approval at an Extraordinary General Meeting scheduled for January 31, 2026. The board appointed Bigshare Services Pvt. Ltd. as the Remote E-Voting Agency and Sunita Jyotirmoy & Associates as scrutinizer for the e-voting process.

The board meeting commenced at 11:30 AM and concluded at 5:30 PM, with Managing Director cum CEO Khalid Khan signing the official communication to BSE Limited regarding these developments.

Paradeep Parivahan Limited , a multi-segment logistics and transportation company, has reported a significant increase in its financial performance for the half-year ended September 30, 2025 (H1 FY26). The company achieved total revenue of INR 178.30 crores, reflecting a robust 29.4% year-on-year growth driven by its transportation, stevedoring, and cargo handling businesses.

Financial Highlights

The company's standalone profit after tax surged by 186% to Rs 15.32 crore, up from Rs 5.36 crore in the same period last year. This growth in revenue and profit has translated into improved earnings per share, which increased to Rs 10.31 from Rs 4.56.

Business Diversification and Expansion

Paradeep Parivahan has diversified its operations into civil and maritime construction, as well as chemical trading through strategic acquisitions. On August 20, 2025, the company acquired four wholly-owned subsidiaries for a total consideration of Rs 12.54 crore, funded through cash transactions. This expansion is expected to enhance the company's operational capabilities and market reach.

Consolidated Performance and Future Outlook

On a consolidated basis, Paradeep Parivahan reported a profit after tax of Rs 15.32 crore, with consolidated revenue standing at Rs 184.16 crore. These figures reflect the combined performance of the parent company and its newly acquired subsidiaries.

The company has provided revenue guidance of INR 420 crores for FY26 and INR 546 crores for FY27, indicating confidence in its growth trajectory.

Company Operations

Paradeep Parivahan Limited operates across multiple segments in the logistics and transportation industry. Its diverse portfolio includes:

• Trading of cement
• Earth moving equipment hiring
• Cargo management
• Construction services
• Transportation services
• Stevedoring
• Civil and maritime construction
• Chemical trading

This diversified approach allows the company to tap into various revenue streams within the logistics, construction, and trading sectors.

Regulatory Compliance

As per the latest LODR (Listing Obligations and Disclosure Requirements) data, Paradeep Parivahan Limited has confirmed that there was no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO) during the half-year ended September 30, 2025. This statement was reviewed by the Audit Committee and approved by the Board of Directors on November 12, 2025, demonstrating the company's commitment to transparent financial practices.

The company's board meeting, which approved these financial results, commenced at 12:00 Noon and concluded at 10:25 PM on November 12, 2025, indicating a thorough review of the company's performance and future strategies.

Paradeep Parivahan's strong financial performance, strategic acquisitions, and business diversification position it for potential growth in the coming periods.