Patel Integrated Logistics Limited has issued notice for its 64th Annual General Meeting (AGM) to be held on Thursday, September 24, 2026 at 11:00 AM IST through Video Conferencing/Other Audio Visual Means without physical attendance. The meeting will be conducted pursuant to MCA General Circular No. 03/2025 dated September 22, 2025 and SEBI Master Circular dated January 30, 2026.

Ordinary Business Agenda

1. Adoption of Financial Statements: To consider and adopt the audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors.

2. Director Re-appointments:

  • Re-appointment of Mr. Hari Nair (DIN: 02362137) as Non-Executive Non-Independent Director retiring by rotation
  • Re-appointment of Mr. Vikas Porwal (DIN: 10382199) as Executive Director retiring by rotation

3. Dividend Declaration: To declare a final dividend of ₹0.20 per equity share of face value ₹10 each for FY 2025-26. The Board initially recommended ₹0.40 per share on May 12, 2026 but revised it to ₹0.20 per share on August 24, 2026 after considering financial position, cash flows and other relevant factors.

Special Business Agenda

4. Appointment of Independent Director: To approve the appointment of Ms. Jasmine Divyesh Mehta (DIN: 05220159) as Additional Director (Independent & Non-Executive) with effect from December 2, 2026 for a 5-year term until December 1, 2031. She is a CA and CPA with expertise in finance, accounting, corporate governance and regulatory compliance. She holds no shares in the company and serves on 2 other directorships.

5. Appointment of Non-Executive Director: To approve the appointment of Mr. Mahesh Fogla (DIN: 05157688) as Non-Executive Non-Independent Director with effect from August 3, 2026. He is a FCA and FCMA with over 25 years experience in finance, accounts, legal, taxation and strategic financial planning. He holds 50,000 shares in the company and serves on 3 other directorships.

Record Date and Dividend Payment

The record date for dividend eligibility is set as September 17, 2026. Dividend will be paid through electronic mode where bank details are available, and through physical instruments (banker's cheque/demand draft) where electronic payment isn't possible. The Register of Members and Share Transfer Books will remain closed from September 18-24, 2026.

Voting Arrangements

Remote e-voting will be available from September 19, 2026 (9:00 AM) to September 23, 2026 (5:00 PM) through Bigshare Services Private Limited as the authorized e-Voting agency. The company has appointed Dinesh Kumar Deora, Practising Company Secretary (FCS No. 5683 CP No. 4119) as Scrutinizer for the e-voting process.

Additional Information

The 64th Annual Report for FY 2025-26 is available on the company's website at https://www.patel-india.com. Unclaimed dividends from FY 2018-19 will be transferred to the Investor Education and Protection Fund (IEPF) in September 2026 after completing the 7-year unclaimed period.