Patels Airtemp (India) Limited has announced that its board of directors will meet on Saturday, May 30, 2026, to discuss and approve the company's financial performance for the fiscal year ending March 31, 2026. The meeting is scheduled to be held at 3:30 p.m. at the company's factory premises located in Rakanpur, Gujarat.

Agenda for the Board Meeting

The primary focus of the meeting will be to consider and approve the audited financial results for the quarter and year ended March 31, 2026. This includes a review of the notes to the accounts, the statement of assets and liabilities as of March 31, 2026, and the cash flow statement for the financial year. Additionally, the board will evaluate the possibility of recommending a dividend for the year ended March 31, 2026, on the company's 54,70,240 equity shares of ₹10 each.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct for insider trading, the trading window for dealing in the equity shares of Patels Airtemp (India) Limited has been closed since April 1, 2026. This restriction applies to directors, employees, promoters and promoter group members, statutory auditors, and all connected persons and their relatives. The window will remain closed until 48 hours after the declaration of the audited financial results, effectively extending the closure period up to June 2, 2026.

Key Meeting Details

Patels Airtemp (India) Limited has issued a formal response to BSE Limited regarding inquiries about recent price movements in its shares. The company addressed concerns raised by the stock exchange about the surge in trading activity and share price performance.

Company's Official Response

In its communication dated April 10, 2026, Patels Airtemp clarified its position on the recent market activity surrounding its scrip. The response was signed by Nikhil M. Patel, Company Secretary & Compliance Officer, and addressed to BSE's Corporate Relation Department.

Regulatory Compliance Statement

The company emphasized its commitment to regulatory compliance and transparency. Patels Airtemp stated that it has made all necessary disclosures in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management confirmed that no material information or events that could influence price or volume behavior have been withheld from the exchanges.

Key compliance aspects highlighted by the company include:

• Regular sharing of information and announcements with stock exchanges
• Strict adherence to listing norms for disclosure
• Compliance with insider trading regulations
• No pending compliance requirements

Market-Driven Price Movement

Patels Airtemp attributed the recent surge in share volume and price increase to market forces rather than any undisclosed corporate developments. The company maintained that the price movement is "purely market driven" and not influenced by any material information that has not been disclosed to the exchanges.

Corporate Information

The company operates from multiple locations including Rakanpur Works and Dudhai Works in Gujarat, with its registered office in Ahmedabad. Patels Airtemp holds various certifications including ASME "U"/"U2"/"S", National Board "NB"/"R", and ISO certifications for quality, environmental, and occupational health standards.

The response demonstrates the company's proactive approach to addressing exchange inquiries and maintaining transparency with regulatory authorities and stakeholders.