ALPHA TRIBE

Paradeep Parivahan LtdImportant, 12-11-2025: Company Update

12-11-2025 | 11:06 pm

Paradeep Parivahan Limited confirmed no deviation in the use of funds from its Initial Public Offer for the half-year ended September 30, 2025. The company raised Rs. 44.86 crore through the IPO and has utilized Rs. 44.80 crore. These funds were allocated as planned to meet working capital requirements, ensuring financial discipline. This confirmation, assuring investors of adherence to stated objectives, was reviewed by the Audit Committee and subsequently taken on record by the Board.

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