Postal Ballot Evoting results along with Scrutinizers Report
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Paradeep Parivahan Limited conducted a postal ballot through remote e-voting to seek shareholder approval for altering its Memorandum of Association to add new business activities under the main object clause. E-voting ran from July 14, 2025 to August 12, 2025, with a cut-off date of July 4, 2025. Out of 934 shareholders holding 1,59,18,000 equity shares in total, 1,05,14,380 votes were polled, representing a 66.05% turnout. All votes cast were in favour of the special resolution — 100% in favour and 0% against — with zero dissent. The scrutinizer, Sunita Jyotirmoy & Associates, confirmed the resolution was passed with the requisite majority on August 12, 2025. Promoters (holding 1,04,99,940 shares) voted 100% in favour, while public non-institutions polled just 14,440 of their 44,88,060 shares.
The company has secured shareholder approval to expand its permitted business activities, opening the door for future diversification or entry into new lines of business. While the immediate financial impact is neutral, it signals management's intent to broaden the company's scope of operations, which could be positive for long-term growth if the new activities are executed well.