PDP Shipping & Projects Ltd

AGM proceedings disclosure delay

• AGM concluded at 3:35 PM on Sept 25, 2026.
• Proceedings disclosed to Exchange at 1:41 PM on Sept 26, 2026.
• Disclosure missed twelve-hour timeline; delay inadvertent.
• Delay occurred due to expectation to file with voting results and Scrutinizer's Report.
• It was noted disclosures should be within twelve hours; later clarified.
• Delay not deliberate or mala fide; no price-sensitive information withheld.
• Company will file revised corporate announcement with the explanation.
• Strengthened internal processes to file within 12 hours in future.
• Request Exchange to treat as one-time, unintentional lapse.

PDP Shipping & Projects Ltd: Trading window closed from 1 October 2026 till 48 hours after the declaration of the financial results for the half-year ending 30 September 2026 (designated persons and their immediate relatives).

AGM Details

• AGM held 25 September 2026, 3:00 PM IST, via Video Conference.
• Concluded at 3:35 PM IST.
• Record date: 18 September 2026.

Key Resolutions

• Resolution 1: Adoption of financial statements and auditors' report passed with 99.96% in favour.
• Resolution 2: Re-appointment by rotation of Animesh Kumar - passed with 99.96% in favour.
• Resolution 3: Final dividend on equity shares for FY 2025-26 - passed with 99.96% in favour.
• Resolution 4: Revision in remuneration of Whole-Time Director - passed with 99.96% in favour.

Director Changes

• Re-appointment by rotation of Animesh Kumar as Director.

Other Approvals

• Remuneration revision for the Whole-Time Director approved.

AGM Details

• The AGM was held on Friday, September 25, 2026, at 03:00 P.M. IST via VC/OAVM.
• No physical attendance; proxies were not applicable.

Key Resolutions

• Item 1: Ordinary resolution for adoption of Audited Standalone Financial Statements for FY ending 31 March 2026.
• Item 2: Ordinary resolution for re-appointment of Mr. Animesh Kumar as Director liable to retire by rotation.

Voting Results

• Voting results not disclosed in the provided excerpt.

Director Changes

• Re-appointment of Mr. Animesh Kumar as Director liable to retire by rotation.

AGM Details

• Date/time: 25 September 2026, 3:00 PM IST.
• Mode: VC/OAVM.
• Record date for final dividend: 18 September 2026.
• Cut-off date for remote e-voting: 18 September 2026.

Ordinary Business

• Adoption of Audited standalone financial statements and reports for FY 2025-26.
• Re-appointment of Animesh Kumar as Director by rotation.
• Declare final dividend of ₹1 per equity share for FY 2025-26.

Special Business

• Remuneration revised to ₹6,00,000 per month from 1 October 2025.
• One-time bonus of ₹4 lakh; total FY25-26 remuneration ₹64 lakh.
• Annual bonus equal to one month's salary; term through 14 January 2027.
• Special Resolution to approve revised remuneration within statutory limits.

Financial performance

• Revenue from operations rose 27.7% to ₹2,785.08 lakh in FY26.
• Total income stood at ₹2,847.38 lakh.
• PAT ₹125.61 lakh, down 40.4% YoY.
• EPS ₹4.22 on enlarged post-IPO base.
• Reserves ₹1,722.72 lakh; debt-free at year-end.

Dividend & capital return

• Final dividend of ₹1 per equity share proposed, subject to AGM.
• Record date for the dividend: 18 Sep 2026.
• AGM scheduled for 25 Sep 2026 via VC/OAVM.
• First dividend since listing on BSE SME.

Remuneration & governance

• WTD Shalini Verma remuneration increased to ₹6 Lakh/month from 1 Oct 2025.
• One-time bonus of ₹4 Lakh for FY25-26.
• Annual bonus equals one month's salary, subject to performance criteria.
• FY26 total remuneration ₹64 Lakh including fixed pay and bonuses.
• Revision approved by NRC; subject to regulatory approvals.

IPO, listing & capital structure

• Listed on BSE SME; Scrip 544378; listing from 18 Mar 2025.
• IPO opened 10-12 Mar 2025; 9.37 lakh shares issued at premium.
• Share capital at 31 Mar 2026: ₹297.44 lakh; unchanged during year.
• Surplus ₹717.03 lakh; equity ₹1,005.69 lakh; total reserves ₹1,722.72 lakh.

Audit, controls & compliance

• Accounting software audit trail was not enabled; steps to enable underway.
• Internal controls adequate; quarterly internal audits conducted.
• Whistle Blower policy in place; no FY25-26 complaints.
• Independent Directors meeting held; performance evaluated.
• Secretarial audit conducted; disclosures in Annexures.

Related party disclosures

• Related party transactions with KMPs disclosed; arm's length in ordinary course.
• Unsecured loan of ₹0.73 lakh from Director Shalini Verma repaid in year.

Outlook & risks

• Outlook: growth in integrated logistics with focus on project cargo and multimodal solutions.
• Risks: freight-rate volatility, geopolitical developments, regulatory changes, FX fluctuations.
• Strategy: strengthen digital capabilities, expand customer base, and enhance service quality.

Issuer details

• Issuer PDP Shipping & Projects Ltd; Scrip code 544378; address and contact details provided.