Patel Integrated Logistics Promoter Acquires 4,500 Equity Shares in Open Market Transaction

Patel Integrated Logistics Limited has disclosed the acquisition of 4,500 equity shares by promoter Mr. Asgar Shakoor Patel through an open market transaction completed on March 16, 2026. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition represents a minimal increase in the promoter's individual shareholding, with the transaction value corresponding to 0.006% of the company's total share capital. The shares were purchased through open market operations, demonstrating continued confidence by the promoter group in the company's prospects.

Parameter: Details Acquirer: Mr. Asgar Shakoor Patel (Promoter) Shares Acquired: 4,500 equity shares Acquisition Mode: Open market purchase Transaction Date: March 16, 2026 Percentage of Total Capital: 0.006%

Shareholding Pattern Impact

Following this acquisition, Mr. Asgar Patel's individual holding increased from 57,44,306 shares (8.27%) to 57,48,806 shares (8.27%). The combined promoter and promoter group holding marginally increased from 2,50,42,880 shares to 2,50,47,380 shares, maintaining 35.99% of the total share capital.

Holding Status: Before Acquisition After Acquisition Mr. Asgar Patel Individual: 57,44,306 shares (8.27%) 57,48,806 shares (8.27%) Total Promoter Group: 2,50,42,880 shares (35.99%) 2,50,47,380 shares (35.99%) Company's Equity Capital: 6,95,85,746 shares 6,95,85,746 shares

Promoter Group Composition

The promoter group comprises multiple entities and individuals, including:

Mr. Asgar Patel and Mrs. Yasmin Patel

Mrs. Natasha Pillai (2.46% holding)

Patel Holdings Ltd (largest single holding at 13.37%)

A.S. Patel Trust (5.64% holding)

Wall Street Securities & Investments (India) Ltd (0.61%)

Wall Street Derivatives and Financial Services India Private Limited (0.67%)

Various family beneficiary trusts including Arhaan Numaire Family Beneficiaries Trust (2.70%) and Natasha Nishqa Tanisha Family Beneficiaries Trust (2.28%)

Company Capital Structure

The company's equity share capital remains unchanged at 6,95,85,746 equity shares of ₹10 each, aggregating to ₹69,58,57,460. The shares are listed on BSE Ltd., National Stock Exchange of India Ltd., and The Calcutta Stock Exchange Association Ltd.

Regulatory Compliance

The disclosure was filed by Company Secretary and Compliance Officer Avinash Paul Raj on behalf of Patel Integrated Logistics Limited, ensuring compliance with SEBI regulations regarding substantial acquisition disclosures. The transaction reflects routine promoter activity within the regulatory framework for listed companies.

Patel Integrated Logistics Limited has successfully concluded its board meeting on March 16, 2026, with the approval of voluntary delisting from the Calcutta Stock Exchange Limited (CSE). Following the board's decision, the company has now published mandatory newspaper notices to inform stakeholders about the initiation of the delisting process.

Board Meeting Outcome and Regulatory Compliance

The board meeting was conducted as scheduled and resulted in the formal approval of the voluntary delisting proposal. The company has demonstrated its commitment to regulatory compliance by publishing notices in multiple newspapers as required under SEBI regulations.

Meeting Details: Information Meeting Date: Monday, March 16, 2026 Commencement Time: 12:30 P.M. Conclusion Time: 02:00 P.M. Meeting Duration: 1 hour 30 minutes

Newspaper Publication Requirements

Pursuant to Regulation 30 of the SEBI Listing Regulations, the company published notices in three newspapers on March 17, 2026, informing stakeholders about the voluntary delisting process. The publications were made in newspapers covering different languages to ensure comprehensive reach.

Publication Details: Specifications Publication Date: March 17, 2026 English Newspaper: The Free Press Journal Hindi Newspaper: Pratapkali Bengali Newspaper: Aajkaal, Kolkata Website Availability: www.patel-india.com

Continued Market Presence

A crucial aspect of this corporate action is the company's commitment to maintaining its presence on major national stock exchanges. The equity shares will continue to remain listed and actively traded on both BSE Limited and National Stock Exchange of India Limited, ensuring uninterrupted market access for shareholders.

The board specifically noted that since the CSE does not have an active platform for trading in equity shares, shareholders of the company are not affected in any manner from the CSE delisting. This clarification provides reassurance to investors regarding the practical impact of the delisting decision.

Regulatory Framework and Communication

The outcome has been communicated pursuant to Regulation 30 of the SEBI Listing Regulations, read with Part A of Schedule III and other applicable provisions. The formal communication was addressed to both BSE Limited and National Stock Exchange of India Limited, with a copy to the Calcutta Stock Exchange Limited, ensuring comprehensive stakeholder notification.

Regulatory Compliance: Details Primary Regulation: SEBI Regulation 30 Schedule Reference: Part A of Schedule III Communication Date: March 17, 2026 Authorized Signatory: Avinash Paul Raj, Company Secretary

Delisting Rationale and Shareholder Impact

The company has outlined clear reasons for the proposed delisting from CSE. There has been no trading activity in the company's equity shares on the CSE for several years, making continued listing economically unviable. The delisting will eliminate additional compliance and listing costs while maintaining adequate liquidity through BSE and NSE platforms.

The delisting process follows SEBI (Delisting of Equity Shares) Regulation, 2021, and will not prejudice shareholder interests as the shares continue to be available for trading on nationwide platforms with sufficient liquidity.

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