Announcement under Regulation 30 (LODR)-Change in Management
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Awaiting price reaction for this filing.
Paradeep Parivahan Ltd has informed the stock exchange about key management changes. Mr. Nasir Uddin Khan resigned as Chief Financial Officer (CFO) effective December 23, 2025, citing personal reasons. Mrs. Alka Bothra resigned as Company Secretary and Compliance Officer effective January 7, 2026, due to personal issues and relocation from Bhubaneswar to Kolkata. To fill one of the vacant positions, the Board appointed Ms. Usha Rani Ray (ACS: 79021), a qualified Company Secretary and Associate Member of ICSI, as the new Company Secretary and Compliance Officer with effect from January 7, 2026. The position of CFO remains vacant as of this filing.
The company is now without a CFO, which may raise short-term governance concerns. However, the Company Secretary role has been filled promptly, and both resignations were attributed to personal reasons rather than corporate disputes, limiting negative signal impact on the stock.