Patel Integrated Logistics Limited

Key Changes Approved

  • Buyback Committee Meeting: June 27, 2026
  • Regulatory Reference: Regulation 5(via) of SEBI (Buy-Back of Securities) Regulations, 2018
  • Price Revision: Increased from ₹18.00 to ₹20.00 per equity share
  • Share Quantity Reduction: Decreased from 60,00,000 to 54,00,000 equity shares
  • Buyback Size: Remains unchanged at ₹10,80,00,000 (₹10.80 crore)
  • Percentage of Equity: Represents up to 7.76% of total paid-up equity share capital

Original Board Approval

  • Board Meeting Date: June 23, 2026
  • Original Approval: Buyback of up to 60,00,000 equity shares of face value ₹10 each at ₹18 per share
  • Record Date: June 30, 2026
  • Route: Tender offer on proportionate basis

Premium Calculations (Revised)

The buyback price of ₹20 represents:

  • 50.26% premium over 3-month VWAP on BSE and 57.67% on NSE preceding June 18, 2026
  • 47.55% premium over 2-week VWAP on BSE and 47.11% on NSE preceding June 18, 2026
  • 41.04% premium over closing price on BSE and 41.44% on NSE as on June 17, 2026
  • 39.18% premium over closing price on BSE and 40.06% on NSE as on June 18, 2026
  • 37.93% premium over closing price on BSE and 38.12% on NSE as on June 23, 2026

Market Price References

  • June 18, 2026: ₹14.37 (BSE) and ₹14.28 (NSE)
  • June 23, 2026: ₹14.50 (BSE) and ₹14.48 (NSE)

Financial Limits Compliance

  • Represents 8.434% of total paid-up capital and free reserves (standalone)
  • Represents 8.435% of total paid-up capital and free reserves (consolidated)
  • Within prescribed limit of 10% of total paid-up equity share capital and free reserves
  • Does not exceed 25% of total paid-up equity share capital

Publication Details

  • Newspapers: Financial Express (English, all editions), Jansatta (Hindi, all editions), Mumbai Lakshadeep (Marathi, Mumbai edition)
  • Publication Date: June 26, 2026
  • Availability: Company website (www.patel-india.com), Manager's website (www.saffronadvisor.com), SEBI website (www.sebi.gov.in), Stock Exchange websites (www.bseindia.com, www.nseindia.com)

Manager to the Buyback

Saffron Capital Advisors Private Limited

  • Address: 605, 6th Floor, Centre Point, J.B. Nagar, Andheri (East), Mumbai - 400059
  • SEBI Registration: INM000011211
  • Contact: Saurabh Gaikwad/Satej Darde

Directors' Responsibility

As per Regulation 24(i)(a) of SEBI Buy-back Regulations, the Board accepts full responsibility for all information contained in the Addendum and confirms it contains true, factual and material information without any misleading content.