CFO Mahesh Fogla steps down, stays on Board as Non-Executive Director

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

PATINTLOG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹14.10

prior close

₹14.56

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+1.0% vs market

Logistics Solution Provider peers, median of 42sector+0.8%+0.6% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 0.6 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-0.8

15m

-1.2

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.4+1.0+0.8+0.6

Next day

+3.5+1.7+1.8+0.1+3.5

+4.9+2.1+2.8+0.0+4.8

+2.8+2.1+0.7-1.1+3.9

+0.1+2.1-2.0-0.4+0.5

+1.0+1.9-0.9-1.5+2.5

-1.3+2.4-3.7-1.0-0.2

15d

-5.2+3.0-8.2-0.6-4.6

-5.1+3.7-8.8-0.3-4.8

-7.7+1.6-9.2-2.5-5.2

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 42Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Patel Integrated Logistics announced that Mr. Mahesh Fogla has been re-designated from Executive Director and CFO to Non-Executive Non-Independent Director, effective August 3, 2026. He ceases to hold the CFO and Whole Time Director (KMP) roles but continues on the Board, liable to retire by rotation. He is not related to any Director of the Company. The Board also approved unaudited standalone and consolidated financial results for Q1 FY27.

Likely market impact

CFO transition at mid-year may cause short-term uncertainty. Continuity on Board is positive. Watch Q1 FY27 results for performance signals.