Proceedings of the Extra-Ordinary General Meeting of the Company held on Saturday, January 31, 2026.
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Awaiting price reaction for this filing.
Paradeep Parivahan Limited held an Extra-Ordinary General Meeting (EGM) on Saturday, January 31, 2026, from 11:30 AM to 12:30 PM at its corporate office in Bhubaneswar, Odisha, through physical mode. The meeting was chaired by Director Pravat Kumar Nandi, with six directors present in person, one attending virtually, and six members participating. The sole item on the agenda was a Special Resolution for the Issue of Convertible Warrants on a Preferential Basis. Remote e-voting was conducted from January 28 to January 30, 2026, facilitated by Bigshare Services Pvt. Ltd., with Mr. Jyotirmoy Mishra acting as the Scrutinizer. The company stated that voting results would be submitted to BSE and posted on its website within 48 hours of the meeting's conclusion.
The preferential issue of convertible warrants is a capital-raising move that may dilute existing shareholders if warrants are eventually converted into equity, but it can also bring in fresh funds. The detailed terms (number of warrants, issue price, allottees) are not part of this proceedings summary and will likely be detailed in the EGM notice or subsequent BSE filings.