Patels Airtemp India Ltd — Others, 24-04-2025: AGM/EGM

Patels Airtemp (India) Limited has announced a board meeting to seek shareholder approval through a postal ballot for the re-appointment of Mr. Shivang P. Patel as Whole-time Director for three years, with a revised monthly salary of ₹5.5 lakh plus perquisites, effective from June 1, 2025. Additionally, the company aims to appoint Mrs. Nidhi Yash Patel as an Independent Woman Director for a five-year term beginning March 29, 2025. The remote e-voting will commence on April 28, 2025, and conclude on May 27, 2025. This restructuring may enhance governance and operational oversight, potentially favoring investor sentiment.