Paradeep Parivahan Ltd — Important, 23-01-2026: Company Update

Paradeep Parivahan Limited has secured an 8-year agreement with UltraTech Cement Limited to deploy one of the largest Trans-State Fleets of Electric Vehicles for bulk transportation. This strategic partnership involves replacing conventional diesel trucks with EVs on high-volume industrial routes, specifically between UltraTech's Rajasthan and Uttar Pradesh facilities. The move signifies a major operational shift towards sustainable logistics, enhancing the company's long-term business prospects and stakeholder value.