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Patil Automation LimitedOthers, 21-08-2025: Change in Auditors

21-08-2025 | 06:24 pm

Patil Automation's board has approved the acquisition of 60% stakes in two companies: Pentaco Automation Private Limited for up to 3 Cr, focusing on assembly automation for Power Train, EV, and pressing segments; and MII Robotics Private Limited for up to 0.60 Cr, specializing in defense automation. These strategic moves aim to diversify the company's portfolio, enhance business operations, and expand market presence. Additionally, the board set the 10th Annual General Meeting for September 23, 2025, and appointed new Secretarial, Cost, and Internal Auditors for FY2025-26 following the Audit Committee's proposal.

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