Background and Sequence of Events
- The company had previously disclosed the resignation of Mr. Jasmin R. Raval, Sr. Manager - Design (a Senior Management Personnel) effective June 10, 2026, via a corporate announcement dated June 10, 2026.
- The original resignation letter dated March 10, 2026, did not mention the reason for resignation, which is a mandatory requirement under SEBI LODR regulations.
- The company subsequently requested Mr. Raval to furnish clarification specifying the reason for his resignation.
Clarification Received
- Mr. Jasmin R. Raval submitted a clarification letter dated July 4, 2026, which was received by the company on July 4, 2026.
- In the clarification, Mr. Raval confirmed that his resignation was:
- Solely due to personal reasons
- Voluntary in nature
- Not attributable to any other reason
Regulatory Compliance Details
- Disclosure made pursuant to SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The disclosure includes Annexure-A with the following details:
| Particular | Details |
| Name of SMP | Mr. Jasmin R. Raval |
| Nature of change | Resignation due to personal reason |
| Date of cessation | June 10, 2026 |
| Brief profile | Not Applicable |
| Relationships between Directors | Not Applicable |
Employee Details
- Mr. Jasmin R. Raval was Sr. Manager - Design & Engineering Department (HEPV Division)
- Employee Code: 505
- Tenure: Approximately 1.5 years with the company
- Notice period: Three months (resignation submitted March 10, 2026, effective June 10, 2026)
Company Representatives
- The disclosure is signed by Nikhil Maneklal Patel, Company Secretary & Compliance Officer (Membership No. A6814)
- Mr. Apurva Shah is identified as Director in the correspondence
Additional Information
- The disclosure is available on the company's website: https://www.patelsairtemp.com/investors/announcements/
- The company has manufacturing facilities in Rakanpur and Dudhai, Gujarat, with registered office in Ahmedabad