Patel Integrated Logistics Ltd. to hold 64th AGM on Sep 24, 2026; proposes ₹0.20 dividend
Patel Integrated Logistics Limited will hold its 64th AGM on September 24, 2026, via VC/OAVM. The agenda includes adopting FY26 financial statements, reappointing directors Hari Nair and Vikas Porwal, and approving a revised final dividend of ₹0.20 per share. Ms. Jasmine Divyesh Mehta is proposed as an Independent Director from December 2, 2026, and Mr. Mahesh Fogla as a Non-Independent Director from August 3, 2026.
The AGM notice includes important corporate actions such as director appointments and a proposed dividend, which are of interest to shareholders. The reappointments and new appointments are standard governance procedures, and the dividend, though revised, is a direct financial event for shareholders.
The announcement is primarily a notice for the AGM, detailing agenda items such as financial statement adoption, director reappointments, a proposed dividend, and new director appointments. While the dividend proposal and new appointments are noted, there are no significant positive or negative financial results or business developments announced.
Patel Integrated Logistics Limited has announced its 64th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 11:00 a.m. IST, through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company will consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026.
Key agenda items include the reappointment of Mr. Hari Nair and Mr. Vikas Porwal as directors. Additionally, the company proposes to declare a final dividend of ₹0.20 per equity share of face value ₹10 each for FY 2025-26. This dividend was revised from an initial recommendation of ₹0.40 per share by the Board of Directors on August 24, 2026, after considering the company's financial position. If approved, the dividend will be paid to shareholders on record as of September 17, 2026.
The meeting will also seek approval for the appointment of Ms. Jasmine Divyesh Mehta as an Additional Director (Independent & Non-Executive) effective December 02, 2026, for a term of five years. Furthermore, the appointment of Mr. Mahesh Fogla as a Non-Executive and Non-Independent Director, effective August 03, 2026, will be considered for approval.
The company has also provided detailed instructions for remote e-voting, which will be open from Saturday, September 19, 2026, at 9:00 a.m. to Wednesday, September 23, 2026, at 5:00 p.m. The Register of Members and Share Transfer Books will remain closed from September 18, 2026, to September 24, 2026.
A plain-language summary of a public exchange filing by Patel Integrated Logistics Limited. Read the original for the full detail.