Patel Retail Limited has announced the successful completion of its postal ballot process, with shareholders approving three key corporate resolutions through remote e-voting. The voting period concluded on Wednesday, March 11, 2026 at 05.00 P.M. (IST), with results declared on Thursday, March 12, 2026.

Resolutions Approved

The company sought shareholder approval for three critical resolutions through the postal ballot process:

Voting Results Summary

All three resolutions were passed with overwhelming support from shareholders. The voting was conducted exclusively through electronic means via Bigshare Services Private Limited's ivote platform, with no physical postal ballots received.

Resolution 1: Director Continuation

Resolution 2: Auditor Appointment

Resolution 3: Financial Approvals

Shareholder Participation

The postal ballot process saw participation from 116 members across all resolutions. The company has a total of 41153 shareholders on the record date of Monday, February 02, 2026. The total shareholding comprises 33400528 shares, with promoter and promoter group holding 23380528 shares, public institutions holding 1619397 shares, and public non-institutions holding 8400603 shares.

Scrutinizer Report

M/s Deep Shukla & Associates, Practicing Company Secretaries (FCS: 5652 CP: 5364), served as the scrutinizer for the postal ballot process. The scrutinizer submitted their report on Thursday, March 12, 2026, confirming that all resolutions were passed with the requisite majority as per the Companies Act, 2013 and SEBI Listing Regulations.

Regulatory Compliance

The disclosure was made in compliance with Regulations 30 and 44 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The voting results and scrutinizer's report have been uploaded on the company's website at https://patelrpl.in/investor-relations/ and on Bigshare Services Private Limited's website at https://ivote.bigshareonline.com/notice-result-live .

Patel Retail Limited has received official export authorization from the Directorate General of Foreign Trade (DGFT) for wheat flour and related products, marking a significant regulatory milestone in the company's international expansion strategy. The authorization was announced through a regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.

DGFT Authorization Details

The export authorization has been granted by the DGFT under the Ministry of Commerce and Industry, Government of India. This regulatory approval enables Patel Retail Limited to export wheat flour and related products to international customers across various global markets.

Management Commentary

Commenting on the development, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, expressed satisfaction with the authorization. He stated that the approval marks a significant milestone and reinforces the company's position as a reliable exporter from India. The authorization reflects the company's strong operational capabilities and the trust placed by regulatory authorities.

Strategic Business Impact

The DGFT authorization strengthens Patel Retail Limited's export capabilities and reinforces its expanding global presence. The company, which describes itself as one of India's leading integrated retail and food processing companies and a prominent exporter of agricultural and food products, can now leverage this authorization to:

• Access international wheat flour markets with regulatory compliance
• Expand its global customer base across various markets
• Strengthen its export business operations
• Contribute to India's growing presence in global food trade

Company Profile

Patel Retail Limited operates as a leading name in value-driven retail and integrated food processing in India. Headquartered in Ambernath, Mumbai, the company maintains operations across the MMRDA region and combines modern retail formats with backward integration in agri-processing. The company went public in August 2025, with shares listed on BSE (544487) and NSE (PATELRMART).