Patels Airtemp (India) Limited has announced the successful completion of its postal ballot process for the re-appointment of its Managing Director. The company declared the results on 8th April, 2026, following the scrutinizer's report submitted by CS Punit Lath, Practicing Company Secretary.

Postal Ballot Results

The special resolution for re-appointing Mr. Sanjivkumar N. Patel (DIN: 02794095) as Chairman & Managing Director was passed with requisite majority. The voting results demonstrate strong shareholder support for the leadership continuity.

Re-appointment Details

The re-appointment covers a period of 3 years, effective from 20th May, 2026 to 19th May, 2029. The remuneration package includes a monthly salary of Rs. 5,50,000/- plus perquisites and allowances for the entire tenure.

Detailed Voting Breakdown

The postal ballot witnessed participation across different shareholder categories with varying levels of engagement. The promoter and promoter group demonstrated complete participation while public shareholders showed selective engagement.

Voting Process and Compliance

The postal ballot was conducted in compliance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015. The e-voting facility was provided by Central Depository Services Limited (CDSL).

Regulatory Compliance

The company has fulfilled all regulatory requirements under the postal ballot process. The results and scrutinizer's report are available on the company's website at https://www.patelsairtemp.com/investors/postal-ballot/ and on CDSL's website www.evotingindia.com . The declaration was made in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring complete transparency and compliance with listing obligations.

Patels Airtemp (India) Limited has filed its mandatory confirmation certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, demonstrating continued compliance with regulatory requirements for dematerialization processes.

Regulatory Compliance Filing

The company submitted the certificate to BSE Limited on April 6, 2026, through Company Secretary and Compliance Officer Nikhil M. Patel. The filing relates to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly confirmation of dematerialization processes.

Registrar Confirmation

Bigshare Services Private Limited, serving as the company's registrar and transfer agent, issued the confirmation certificate dated March 31, 2026. The certificate validates that all securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories.

Key Compliance Confirmations

The registrar confirmed several critical compliance aspects:

• All securities received for dematerialization were confirmed (accepted/rejected) to depositories
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 15 days of receipt

Company Information

Patels Airtemp (India) Limited operates with multiple facilities across Gujarat, including works at Rakanpur and Dudhai, with its registered office in Ahmedabad. The company maintains various international certifications including ASME "U"/"U2"/"S", National Board "NB"/"R", and ISO certifications for quality, environmental, and occupational health standards.

This quarterly filing demonstrates the company's commitment to maintaining transparency and regulatory compliance in its securities operations, ensuring proper dematerialization processes are followed as per SEBI guidelines.