Patspin India Limited announced the sad demise of its Chairman Emeritus and Founder, Shri B K Patodia, on September 28, 2026. The company confirmed that he has ceased to be part of the Promoter group following his passing.

Shri Patodia passed away around 2:00 pm on Monday, September 28, 2026. The company described his leadership as visionary and instrumental in shaping the GTN Group. His sudden departure is termed an immense loss to the organization.

Regulatory Cessation

In a filing with the stock exchanges, Patspin stated that Shri B K Patodia ceases to be a promoter in accordance with Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory update formalizes the change in the company's promoter structure effective from the date of his demise.

The company extended condolences to his family on behalf of the Directors and Employees. The intimation was submitted under Regulation 30 of the SEBI (LODR) Regulations, 2015, which mandates disclosure of material events affecting the company's management or promoters.

Patspin India Ltd has announced the closure of its trading window starting October 1, 2026. This measure is implemented in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the upcoming financial results declaration.

The trading window will remain closed for all Designated Persons until forty-eight hours after the company declares its Un-Audited Financial Results (Standalone) for the quarter and half year ended September 30, 2026. This period ensures that insiders do not trade while possessing unpublished price-sensitive information.

Regulatory Compliance and Timeline

The closure aligns with the company's Code of Conduct for Prevention of Insider Trading. The specific dates and duration are structured to prevent any potential misuse of material non-public information during the sensitive period leading up to the board meeting.

Upcoming Board Meeting

The exact date of the Board Meeting for declaring the Un-Audited Financial Results (Standalone) for the specified period has not yet been finalized. The company stated that this information will be communicated to the stock exchanges in due course. Investors and market participants should await further official notifications regarding the specific date of the results announcement.