Disclosure Context

Patel Integrated Logistics Limited (Scrip Code: BSE 526381, NSE: PATINTLOG) has submitted a disclosure to BSE Ltd. and the National Stock Exchange of India Limited under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references the outcome of a Board of Directors meeting held on Monday, August 03, 2026. The document is dated August 03, 2026, and was signed by Avinash Paul Raj, Company Secretary & Compliance Officer.

Outcome of Board Meeting

The Board of Directors meeting was held on Monday, August 03, 2026. The meeting commenced at 12:30 P.M. and concluded at 04:30 P.M.

The Board approved the following matters:

1. The unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026.

2. The Limited Review Report issued by the Statutory Auditors on the aforementioned financial results.

3. The re-designation of Mr. Mahesh Fogla from Executive Director and Chief Financial Officer (CFO) to Non-Executive Non-Independent Director of the Company.

Management Change Details: Mr. Mahesh Fogla

The re-designation of Mr. Mahesh Fogla is effective from the closing of business hours on Monday, August 03, 2026.

Consequently, Mr. Fogla ceased to hold the offices of:

  • Chief Financial Officer (a Key Managerial Personnel role)
  • Whole Time Director (a Key Managerial Personnel role)

He will continue to serve on the Board as a Non-Executive Non-Independent Director and is liable to retire by rotation, if applicable.

An annexure to the disclosure provides further details on this change:

  • Reason for Change: Re-designation.
  • Date of Cessation from Executive Roles: August 03, 2026.
  • Director Relationships: Mr. Fogla is not related to any other director of the company.

Resignation Letter from Mr. Mahesh Fogla

The disclosure includes a resignation letter from Mr. Mahesh Fogla addressed to the Board of Directors, dated August 03, 2026.

In the letter, Mr. Fogla:

  • Tenders his resignation from his executive responsibilities as a Director and from the positions of Chief Financial Officer and Key Managerial Person (KMP).
  • Requests to be relieved by the closing hours of August 03, 2026.
  • States that the reason for his resignation is to pursue his professional goals outside the organisation.
  • Confirms there are no other material reasons for his resignation.
  • Expresses gratitude to the Chairman, Board Members, Management Committee, and team members.