Patel Integrated Logistics Ltd

AGM Details

• AGM held 24 September 2026, 11:00 AM to 12:41 PM via VC/OAVM.
• Record date 17 September 2026; postal ballot date 24 September 2026.

Key Resolutions

• Resolution 1: Adoption of standalone and consolidated financial statements; passed with requisite majority.
• Resolution 2: Hari Nair re-appointment; ordinary; passed.
• Resolution 3: Vikas Porwal re-appointment; ordinary; passed.
• Resolution 4: Final dividend of Rs 0.20 per share; ordinary; passed.
• Resolution 5: Jasmine Divyesh Mehta appointed Independent Director; passed with 2 votes against (1200 votes).
• Resolution 6: Mahesh Fogla appointed Non-Executive Director; ordinary; passed.

Dividend

• Final dividend approved: Rs 0.20 per share.

Director Changes

• Ms Jasmine Divyesh Mehta appointed Additional Independent Director, effective 02-Dec-2026.
• Mr Mahesh Fogla appointed Non-Executive Director, effective 03-Aug-2026.

Patel Integrated Logistics Limited trading window closed from 01 October 2026 until 48 hours after the declaration of financial results for the quarter and half year ended 30 September 2026.

AGM Details

• AGM held on 24 September 2026 at 11:00 a.m. via video conferencing.
• Remote e-voting conducted 19–23 September 2026; in-meeting voting allowed.
• Concluded at 12:41 p.m. IST.

Key Resolutions

• Adopt standalone and consolidated financial statements with auditors’ and directors’ reports.
• Re-appoint Hari Nair as director on rotation.
• Re-appoint Vikas Porwal as director on rotation.
• Appoint Jasmine Divyesh Mehta as Additional Independent Non-Executive Director.
• Appoint Mahesh Fogla as Non-Executive Non-Independent Director.

Dividend

• Dividend declared for year ended 31 March 2026 at 2% (₹0.20 per share).

Director Changes

• Hari Nair re-appointed as director (rotation).
• Vikas Porwal re-appointed as director (rotation).
• Jasmine Divyesh Mehta appointed as Additional Independent Non-Executive Director (from 02 Dec 2026).
• Mahesh Fogla appointed as Non-Executive Non-Independent Director (from 03 Aug 2026).

Voting Results

• Adoption of financial statements — passed by requisite majority.
• Hari Nair re-appointment — passed by requisite majority.
• Vikas Porwal re-appointment — passed by requisite majority.
• Jasmine Mehta appointment — passed by requisite majority.
• Mahesh Fogla appointment — passed by requisite majority.

AGM Details

• AGM held on 24 September 2026 at 11:00 a.m. IST via VC/OAVM.
• Cut-off date for voting rights: 17 September 2026.
• Remote e-voting window: 19–23 September 2026.
• Notice for AGM dated 24 August 2026.
• Eligible Members on cut-off date entitled to vote on resolutions 1–6.

Voting & Scrutiny

• Consolidated Scrutinizer’s report submitted for remote and AGM voting.
• Voting facility provided by Bigshare Services Private Limited.

Resolutions & Outcomes

• Resolution 1 (Ordinary): Adopt standalone and consolidated financial statements; passed.
• Resolution 2 (Ordinary): Re-appoint Hari Nair; passed.
• Resolution 3 (Ordinary): Re-appoint Vikas Porwal; passed.
• Resolution 4 (Ordinary): Final dividend of Rs 0.20 per share; passed.
• Resolution 5 (Special): Appoint Jasmine Divyesh Mehta as Additional Independent Director; 177 in favour, 2 against.
• Resolution 6 (Ordinary): Appoint Mahesh Fogla as Non-Executive Non-Independent Director; 177 in favour, 2 against.

Dividend

• Final dividend of Rs 0.20 per share approved.

Director Changes

• Hari Nair re-appointed as director.
• Vikas Porwal re-appointed as director.
• Jasmine Divyesh Mehta appointed Additional Independent Director from 02 Dec 2026.
• Mahesh Fogla appointed Non-Executive Non-Independent Director from 03 Aug 2026.

AGM event

• 64th AGM held on 24 September 2026.
• Chairman Syed Husain delivered the address; speech uploaded on company site.

Financial highlights FY2025-26

• Income from operations rose to ₹357.14 crore.
• PAT rose to ₹9.60 crore.
• Total Comprehensive Income up to ₹9.85 crore.
• Debt-Equity ratio improved to 0.05.
• Net Worth stood at ₹123.51 crore.
• Basic EPS ₹1.38; diluted ₹1.38.

Dividend and capital management

• Final dividend proposed ₹0.20 per equity share (2%), subject to AGM approval.
• Dividend was revised from ₹0.40 to ₹0.20 per share on 24 August 2026.
• Company repaid bank loans; no overdue installments; ongoing lender discussions for cost reductions.

Strategic initiatives

• Formation of Rajpat Logistics Private Limited, a partly owned subsidiary focused on surface transport.
• Company plans large-scale expansion into surface transportation.

Financial highlights FY2025-26

• Income from operations rose to ₹357.14 crore in FY2025-26.
• PAT increased to ₹9.60 crore from ₹7.60 crore.
• Total Comprehensive Income rose to ₹9.85 crore.
• Net worth ₹123.51 crore; Debt-Equity ratio improved to 0.05.
• Basic EPS ₹1.38; Diluted EPS ₹1.38.
• Repayment of bank facilities ongoing; no overdue instalments.

Strategic actions and dividend

• Rajpat Logistics Private Limited formed to focus on surface transport.
• Plan to scale up surface transportation operations.
• Dividend revised to final ₹0.20 per share (2%), subject to AGM.
• Debt reduction focus with ongoing lender discussions; no overdue repayments.

AGM Details

• Held on 24 September 2026 at 11:00 a.m. via VC/OAVM; concluded 12:41 p.m.
• Remote e-voting from 19 Sep 2026 09:00 to 23 Sep 2026 17:00.

Resolutions Put to Vote

• Adoption of audited standalone and consolidated financial statements for FY2025-26 (ordinary).
• Appointment of Hari Nair as director, retires by rotation, eligible for reappointment (ordinary).
• Appointment of Vikas Porwal as director, retires by rotation, eligible for reappointment (ordinary).
• Declaration of final dividend of Rs 0.20 per share (ordinary).
• Appointment of Jasmine Divyesh Mehta as Additional Director (Independent & Non-Executive) from Dec 02, 2026 (special).
• Appointment of Mahesh Fogla as Non-Executive and Non-Independent Director from Aug 03, 2026 (ordinary).

Voting Results

• Voting results to be communicated separately; not disclosed in filing.

ASGAR S. PATEL TRUST

• Target Company: PATEL INTEGRATED LOGISTICS LIMITED.
• Disclosing Party: ASGAR S PATEL TRUST (Promoter Group) – transferor.
• Transaction Type: Inter-se transfer of 2,63,000 equity shares.
• Pre-Transaction Holding: 22,468,156 equity shares (35.00%).
• Post-Transaction Holding: 22,468,156 equity shares (35.00%).
• Mode: Inter-se transfer.
• Date: 24 Aug 2026 to 27 Aug 2026.
• Share Capital Context: Before/after: 6,41,85,746 shares (Rs 64,18,57,460).

Natasha Nishqa Tanisha Family Beneficiaries Trust

• Target Company: PATEL INTEGRATED LOGISTICS LIMITED.
• Disclosing Party: Natasha Nishqa Tanisha Family Beneficiaries Trust (Promoter Group).
• Transaction Type: Inter-se transfer of 2,63,000 equity shares.
• Pre-Transaction Holding: 22,468,156 equity shares (35.00%).
• Post-Transaction Holding: 22,468,156 equity shares (35.00%).
• Mode: Inter-se transfer.
• Date: 24 Aug 2026 to 27 Aug 2026.
• Share Capital Context: Before/after: 6,41,85,746 shares (Rs 64,18,57,460).

Inter-se transfer within promoter group

• Subject: Inter-se transfer of Patel Integrated Logistics shares among Promoter/Promoter Group per Regulation 95.
• Acquirer and PACs are Promoter Group entities including Asgar Patel, Yasmin Patel, Natasha Pillai, and Patel Holdings Ltd.
• Date window for acquisition: 24 August 2026 to 27 August 2026.
• Acquired voting rights of 263,000 shares, 0.41% of total voting capital.
• Aggregate pre-transfer promoter voting rights held by acquirer+PACs: 2,24,68,156 shares (35.00%).
• Aggregate post-transfer promoter voting rights: 2,24,68,156 shares (35.00%).
• Total equity share capital remains 6,41,85,746 shares (Rs 64,18,57,460).
• Total diluted share/voting capital remains 6,41,85,746 shares.
• Exchanges: Shares are listed on BSE, NSE, and Calcutta Stock Exchange.