Patels Airtemp India Ltd — Important, 14-02-2026: Company Update

Patels Airtemp (India) Limited's board has approved the re-appointment of Mr. Sanjivkumar N. Patel as Chairman & Managing Director for three years, effective 20th May, 2026. His re-appointment and new remuneration of 0.055 Cr per month, plus perquisites, are subject to shareholder approval via postal ballot. Mr. Patel, a promoter with 7.52% shareholding, has been with the company since 2009 and is seen as crucial for leadership stability and continued strategic direction.