Patel Integrated Logistics Ltd — Board/Management Information 2021

Jul 7, 2021

INTEGRATED LOGISTICS LTD

PILL: SEC: NBA:21-22/18

$7^th$ July, 2021

To BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai - 400 001. SCRIP CODE: 526381

To National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex. Bandra (East). Mumbai - 400 051. PATINTLOG

Dear Sirs.

Sub.: Outcome of the Board Meeting held on 7^th July, 2021:

This is to inform you that the Board of Directors of the Company at their meeting held today i.e. Wednesday, 7^th July, 2021 inter alia,

• 1. Increase in authorised share capital of the Company from existing Rs.30 crore to Rs.70 crore, thereby amending the Memorandum of Association of the Company.
• 1. On the recommendation of the Nomination and Remuneration Committee, Mr. Mahesh Fogla (DIN: 05157688) is appointed as Non-Executive Non-Independent Additional Director of the Company, subject to the approval of shareholders in the next general meeting.

Further please note that the 59^th Annual General Meeting (AGM for the year 2021) of the Company is scheduled to be held on 2^nd August, 2021 through Video Conferencing (VC)/Other Audio Visual Means (OAVM) at 11.00 a.m.

The Register of Members and Share Transfer Books of the Company will remain closed from 27^th July, 2021 to 2^nd August, 2021 (both days inclusive) under section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the purpose of the 59^th Annual General Meeting, i.e. the AGM for the year 2021, scheduled to be held on Monday, 2^nd August, 2021 and also for determining the entitlement of the dividend recommended by the Board of Directors for the year ended 31st March, 2021.

The Board of Directors at their meeting held on 26^th May 2021, while approving the annual accounts of the Company for the year ended 31st March, 2021, have recommended a dividend of Re.0.10/- (i.e.1%) per equity share on equity share capital of the Company for the year ended 31^st March, 2021.

The meeting commenced at 11.00 a.m. and concluded at 3.15 p.m.

PATEL®

INTEGRATED LOGISTICS LTD

The disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in connection with appointments of the above mentioned Directors are given in the attached Annexure A.

Kindly take the document on record and acknowledge.

Thanking you,

Yours' faithfully, For PATEL INTEGRATED LOGISTICS LIMITED to

(SWETA PAREKH) COMPANY SECRETARY

C.C. with enclosure to: The Calcutta Stock Exchange Ltd.

PATEL® INTEGRATED LOGISTICS LTD

Annexure A

Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is given hereunder:

1. Appointment of Mr. Mahesh Fogla as Non- Executive Non-Independent Additional Director:

Sr. N 0	Particulars	Details
1.	for Change viz. Reason appointment, resignation, removal, death or otherwise.	Mr. Mahesh Fogla appointed as Non- Executive Non-Independent Additional Director
2.	of Date appointment/ cessation (as applicable) and term of appointment	Mr. Mahesh Fogla has been appointed today i.e. 7th July, 2021 as Non- Executive Non-Independent Additional Director w.e.f. 7th July, 2021 subject to the approval of shareholders in the next general meeting.
3.	Brief Profile	Mr. Mahesh Fogla is a qualified Chartered Accountant and Cost Accountant with rich Experience in Finance & Accounts, Legal and Strategic Financial & Taxation Planning. He has more than 25 years of experience in conceptualizing & implementing MIS, maintaining & finalization of accounts. Structuring Commercial Transactions to minimize impact of Taxes & Cost. He is an effective leader with analytical, team building & relationship management skills & abilities.
4.	Disclosure of Relationships between Directors	NIL

Registered office : Patel House, 48, Cazdar Randh, North Avenue D.