Paradeep Parivahan Ltd — Others, 20-08-2025: Others
The company's board has concluded its meeting, approving the appointment of a new Secretarial Auditor and revisions to director remuneration, all subject to shareholder approval at the upcoming 25th Annual General Meeting. Key items for the AGM include approvals for increasing limits on loans and investments, borrowing funds, and creating charges on company assets. Significantly, the company has completed the acquisition of four new wholly-owned subsidiaries: M.R.T.C. (India) Private Limited for ₹4.78 Cr and ASK Logistiek Solutio Private Limited for ₹0.03 Cr, both in transport. It also acquired Pharmachem Traders Private Limited for ₹7.10 Cr and Nirkon Industries Private Limited for ₹0.60 Cr, both in chemical/pharma trading. These moves aim to expand and diversify the company's business operations.
