BSEPatels Airtemp India LtdMinimalNeutral
Announced Mon, 28 Apr · 15:46 IST

Publication / Advertisement in Newspapers for Notice of Postal Ballot and Remote E-voting information.

Price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Patels Airtemp (India) Limited has published a newspaper advertisement in Financial Express (English and Gujarati editions) on 28th April 2025, informing shareholders about a Postal Ballot notice dated 29th March 2025. The notice was dispatched electronically to shareholders on 24th April 2025. Remote e-voting begins on 28th April 2025 at 9:00 AM and ends on 27th May 2025 at 5:00 PM. Based on the resolution details, shareholders are being asked to approve the appointment of M/s Talati & Talati LLP as Statutory Auditors for a 3-year term (1 April 2025 to 31 March 2028) at a remuneration of Rs. 5,50,000, along with the appointment of Mr. Sanjiv Talati as Non-Executive Independent Director for 3 years. The filing was signed by Nikhil M. Patel, Company Secretary & Compliance Officer.

Likely market impact

This is a routine procedural filing seeking shareholder approval through postal ballot for auditor and director appointments. No immediate impact on stock price is expected; the outcome of the voting on 27th May 2025 will confirm the new auditor and director appointments, which are standard governance matters.