Announced Mon, 6 Jul · 18:23 IST
Patels Airtemp clarifies reason behind Sr. Manager's resignation
Management Changes View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹390.70
prior close
₹404.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+0.1-0.4+1.1+0.1+0.6+3.9-0.9-1.5-5.8————
Up moveDown movePending
AI summary
Patels Airtemp shared with BSE a clarification from Mr. Jasmin R. Raval, former Sr. Manager in Design and Engineering, regarding his resignation effective 10 June 2026. His original resignation letter dated 10 March 2026 had no reason mentioned. BSE asked the company to furnish the mandatory reason. On 4 July 2026, Mr. Raval confirmed his exit was solely for personal reasons, voluntary, and not tied to any other matter. He served a three month notice period.
Likely market impact
Minor event. A senior management staff exit for personal reasons is unlikely to materially impact the stock.