ALPHA TRIBE

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

21-08-2025 | 06:22 pm

Patil Automation's board approved two strategic acquisitions: a 60% stake in Pentaco Automation (assembly automation) for up to 3 Cr, and a 60% stake in MII Robotics (defense automation) for up to 0.60 Cr. These moves aim to diversify the company's portfolio, enhance operations, and expand market reach. Pentaco reported FY25 turnover of 12.75 Cr and PAT of 1.18 Cr, while MII Robotics had FY25 turnover of 2.49 Cr and PAT of 0.13 Cr. New Secretarial, Cost, and Internal Auditors for FY25-26 were also approved. The 10th Annual General Meeting has been announced for September 23, 2025.

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