Paradeep Parivahan to discuss adding new business activities at 9 July board meeting
NOOR MOHMMED
05/Jul/2025

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Paradeep Parivahan’s board to meet on 9 July 2025 to review adding new business activities.
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Board will consider altering Memorandum of Association, subject to shareholder approval.
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Meeting aligns with SEBI (LODR) Regulation 29 disclosure norms for listed companies.
Paradeep Parivahan Board to Consider Addition of New Business Activities on 9 July 2025
Paradeep Parivahan Limited, a BSE-listed company with its registered office in Odisha, has announced that its Board of Directors will meet on Wednesday, 9th July 2025 to consider a key proposal to add new business activities to its operations and make the necessary amendments to its Memorandum of Association (MoA).
The intimation was filed with the Department of Corporate Services, BSE Limited, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's shares are listed on BSE under Scrip Code: 544383, with CIN No. U63090OR2000PLC006379 and ISIN: INE0SMW01011.
Official Communication
In an official communication dated 5th July 2025, Mr. Khalid Khan, Managing Director of Paradeep Parivahan Limited, confirmed the board meeting’s agenda:
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Proposal for Addition of New Business Activities
The company plans to diversify its operational scope by including new business activities, subject to the approval of shareholders. This step would require amending the company's Memorandum of Association, the key legal document that defines its objectives and powers. -
Any Other Business with the Permission of the Chair
The agenda allows flexibility for the board to take up other matters that may be necessary or urgent.
SEBI Compliance and Transparency
Under Regulation 29 of the SEBI (LODR) Regulations, 2015, listed companies are mandated to provide prior notice of board meetings where material decisions, such as changes to the MoA or financial results, will be considered. This rule promotes transparency and fair disclosure, ensuring that all investors are equally informed.
By formally notifying the stock exchange well in advance, Paradeep Parivahan demonstrates its commitment to good corporate governance and regulatory compliance.
Company Overview
Paradeep Parivahan Limited is headquartered in Port Town, Paradeep, Jagatsinghpur, Odisha with its registered office at Room No. 204, Above OBC, Bank Street. It is engaged in the transport and logistics sector, playing a vital role in regional connectivity and trade.
The company maintains active communication channels for shareholders and stakeholders, with contact numbers, multiple email addresses, and a dedicated corporate website (www.paradeepparivahan.com) offering details on its services and regulatory announcements.
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