Patels Airtemp India Ltd — Updates, 23-05-2025: Company Update

Patels Airtemp (India) Limited has submitted its Annual Secretarial Compliance Report for the year ended March 31, 2025, confirming adherence to applicable SEBI regulations and corporate governance standards with no observed deviations. The company has maintained timely disclosures, updated policies, and compliance with insider trading and related party transaction norms. A prior SEBI show-cause notice regarding indirect acquisition of shares through a promoter-group entity is under review, with the company and promoters responding and awaiting SEBI’s order. The company settled settlement charges of Rs. 28.53 lakh related to a preferential issue. No new non-compliances or auditor resignations were reported.