Patel Integrated Logistics logo

Patel Integrated Logistics MD, chairman, board of directors and AGM

NSE: PATINTLOGBSE: 526381Transport ServicesSmall Cap

Last close ₹11.87down ₹0.21 (1.74%)BSE ₹11.76

Share price at the NSE close on 23 Oct 2026. Previous close ₹12.08.

52-week range of traded prices to 23 Oct 2026
₹8.01Low, 30 Mar 2026₹16.25High, 29 Jun 2026
Market cap
₹76 Cr3,043rd largest listed
P/E
7.3
P/B
Shares changed
Dividend yield
1.68%
ROE
8.5%
ROCE
6.4%
Debt to equity
0.05
Volume, NSE
32,71192.0% delivered

Patel Integrated Logistics board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonSYED HUSAIN
  • Company Secretary and Compliance OfficerAvinash Paul Raj

8 directors3 independent1 executive4 non-executive

  • FARUKH WADIANon-executive · joined May 1998 · reappointed Oct 2024 · 341 months as independent · 1 listed board
  • HARI NAIRNon-executive · joined Dec 2020 · reappointed Feb 2023 · 69 months as independent · 1 listed board
  • RAMAKANT KADAMNon-executive · joined Jun 2020 · reappointed Jul 2024 · 75 months as independent · 1 listed board
  • MAHESH FOGLANon-executive · joined Jul 2021 · reappointed Aug 2026 · 63 months as independent · 3 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • BINDIYA RAICHURAIndependent · joined Dec 2021 · reappointed Aug 2022 · 58 months as independent · 1 listed board · 1 as independent
  • VIKAS PORWALExecutive · joined Dec 2023 · 34 months as independent · 1 listed board · 1 committee seat
  • SYED HUSAIN · ChairpersonIndependent · joined May 2013 · reappointed Apr 2025 · 160 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • KANNAN RAJRATNAMIndependent · joined Oct 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 24 Aug 20268 of 8 present3 independent · 20 days in between
    • 3 Aug 20268 of 8 present3 independent · 40 days in between
    • 23 Jun 20268 of 8 present3 independent

  • Audit Committee

    Chair SYED HUSAIN

    VIKAS PORWAL, KANNAN RAJRATNAM

    • 3 Aug 20263 of 3 present2 independent · 82 days in between
    • 12 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair BINDIYA RAICHURA

    SYED HUSAIN, RAMAKANT KADAM

    • 24 Aug 20263 of 3 present2 independent · 192 days in between
    • 12 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair FARUKH WADIA

    MAHESH FOGLA, SYED HUSAIN

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Hitesh Shah & AssociatesPeer-review certificate valid to Nov 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Patel Integrated Logistics AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Patel Integrated Logistics dividend history

Annual general meeting, 24 Sep 2026

40,742 shareholders on the register on 17 Sep 2026; present: 8 promoters and 103 others; votes counted by DINESH KUMAR DEORA / DM AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.51% · promoters 98.15% · institutions 0.00% · other public 0.23%

  2. To appoint a Director in place of Mr. Hari Nair (DIN: 02362137) who retires by rotation and being eligible offers himself for re-appointment and, in this regard, to consider and if thought fit, to pass the following resolution as an Ordinary ResolutionMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.51% · promoters 98.15% · institutions 0.00% · other public 0.23%

  3. To appoint a Director in place of Mr. Vikas Porwal (DIN: 10382199) who retires by rotation and being eligible offers himself for re-appointment and, in this regard, to consider and if thought fit, to pass the following resolution as an Ordinary ResolutionMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.51% · promoters 98.15% · institutions 0.00% · other public 0.23%

  4. To declare a final dividend of Rs.0.20 per share of face value of Rs.10 each for FY 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 34.51% · promoters 98.15% · institutions 0.00% · other public 0.23%

  5. To consider and approve the appointment of Ms. Jasmine Divyesh Mehta (DIN:05220159) as an Additional Director (Independent & Non-Executive) of the Company, with effect from December 02, 2026
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.25%

    Turnout: all 34.51% · promoters 98.15% · institutions 0.00% · other public 0.23%

  6. Appointment of Mr. Mahesh Fogla (DIN: 05157688) as a Non-Executive and Non-Independent Director of the Company with effect from August 03, 2026
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.25%

    Turnout: all 34.51% · promoters 98.15% · institutions 0.00% · other public 0.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Mar 2026, 6 resolutions

41,738 shareholders on the register on 17 Feb 2026; votes counted by DINESH KUMAR DEORA / DINESH KUMAR DEORA COMPANY SECRETARY.The company's voting result (opens in a new tab)

  1. Approval of ‘Patel Integrated Logistics Restricted Stock Unit Scheme 2026’ (“RSU 2026” or “Scheme”)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 35.97% · promoters 100.00% · institutions 0.00% · other public 0.03%

  2. Approval of grant of Options to the employees of the Subsidiary companies of the Company under ‘Patel Integrated Logistics Restricted Stock Unit Scheme 2026’ (“RSU 2026” or “Scheme”)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.28%

    Turnout: all 35.97% · promoters 100.00% · institutions 0.00% · other public 0.03%

  3. Approval of secondary acquisition of Shares through Trust route for the implementation of ‘Patel Integrated Logistics Restricted Stock Unit Scheme 2026’ (“RSU 2026” or “Scheme”)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 35.97% · promoters 100.00% · institutions 0.00% · other public 0.03%

  4. Provision of money by the Company for purchase of its own Shares by the Trust under ‘Patel Integrated Logistics Restricted Stock Unit Scheme 2026’ (“RSU 2026” or “Scheme”)
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 35.97% · promoters 100.00% · institutions 0.00% · other public 0.03%

  5. To approve re-designation of Mr. Mahesh Fogla (DIN: 05157688) as Whole-Time Director (WTD) and Chief Financial Officer (CFO) and consequent re-appointment as Whole-Time Director for a period of 3 (Three) yearsMoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 35.97% · promoters 100.00% · institutions 0.00% · other public 0.03%

  6. Approval for giving loan or guarantee or providing security in connection with loan availed by any of the company’s subsidiary(ies) or any other person specified under section 185 of the Companies Act, 2013MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 35.97% · promoters 100.00% · institutions 0.00% · other public 0.03%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 8 Sep 2025, 3 resolutions

42,541 shareholders on the register on 1 Sep 2025; present: 0 promoters and 108 others; votes counted by DINESH KUMAR DEORA / DINESH KUMAR DEORA COMPANY SECRETARIES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025 together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 35.97% · promoters 100.00% · institutions 27.72% · other public 0.03%

  2. To declare a dividend on the Equity Shares @ Rs 0.30 per share on the face value of Rs 10 /- each for the financial year ended 31st March, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 35.97% · promoters 100.00% · institutions 27.72% · other public 0.03%

  3. To appoint M/s. DM & Associates Company Secretaries LLP, Practicing Company Secretaries, as Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 35.97% · promoters 100.00% · institutions 27.72% · other public 0.03%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 2 Apr 2025, 1 resolution

43,143 shareholders on the register on 21 Feb 2025; votes counted by DINESH KUMAR DEORA / DINESH KUMAR DEORA COMPANY SECRETARY.The company's voting result (opens in a new tab)

  1. To Reappoint Mr. Syed Khurshid Husain (DIN: 03020301) as Non-Executive Independent Director for a Second term of Three years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.17%

    Turnout: all 35.99% · promoters 100.00% · institutions 0.00% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 12 Jan 2025, 2 resolutions

43,524 shareholders on the register on 29 Nov 2024; votes counted by DINESH KUMAR DEORA / DINESH KUMAR DEORA COMPANY SECRETARY.The company's voting result (opens in a new tab)

  1. To Appoint Mr. Kannan Rajaratnam (DIN: 10697659) as Non-Executive Independent Director for a first term of Three year
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.48%

    Turnout: all 36.14% · promoters 100.00% · institutions 0.00% · other public 0.02%

  2. To Appoint Mr. Farukh Soli Wadia (DIN: 00097162) as Non-Executive Non- Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.60%

    Turnout: all 36.14% · promoters 100.00% · institutions 0.00% · other public 0.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Aug 2024, 3 resolutions

Present: 0 promoters and 123 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2024 including the Audited Balance Sheet as at 31st March, 2024 and the Statement of Profit and Loss Account & Cash Flow Statement for the year ended 31st March, 2024 and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 36.32% · promoters 100.00% · institutions 0.00% · other public 0.02%

  2. To declare a dividend on the Equity Shares @ 0.10 per share on the face value of 10 /- each for the financial year ended 31st March, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 36.32% · promoters 100.00% · institutions 0.00% · other public 0.02%

  3. To Regularize appointment of Mr. Ramakant Krishnajirao Kadam (DIN: 03575629) as Non-Executive Non-Independent Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 36.32% · promoters 100.00% · institutions 0.00% · other public 0.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 23 Jun 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Syed Khurshid Husain (DIN: 03010306) as Non-Executive Independent Director for a first term of one year
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 36.89% · promoters 100.00% · institutions 0.00% · other public 0.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 28 Jan 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Vikas Porwal (DIN: 10382199) as a Whole Time Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 37.32% · promoters 100.00% · institutions 0.00% · other public 1.59%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Sep 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.