Paradeep Parivahan Ltd — Updates, 09-07-2025: Company Update

Paradeep Parivahan Limited has announced a board meeting to approve amendments to its Memorandum of Association by adding new business activities, including real estate development, trading in cement and steel products, manufacturing building materials, and producing biofuels like ethanol from agro waste. The company plans to seek shareholder approval through a postal ballot with remote e-voting. Key service providers for this process, including the e-voting agency and scrutinizer, have been appointed. This strategic expansion diversifies the company’s operations beyond its existing transportation and logistics business, potentially opening new revenue streams for shareholders.