Patel Integrated Logistics Ltd — Board/Management Information 2025

Jan 13, 2025

==> picture [468 x 86] intentionally omitted <==

PILL: SEC: APR 24-25/94 13[th] January, 2025

To To BSE Ltd. National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort Bandra-Kurla Complex, Mumbai – 400 001. Bandra (East), Mumbai – 400 051. SCRIP CODE: 526381 NSE SYMBOL: PATINTLOG

Ref: Disclosure under Clause 7 of Para A of Part A of schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

With respect to above subject matter, we wish to inform you that the shareholder has approve the appointment of Mr. Kannan Rajaratnam (DIN: 10697659) as Non-Executive Independent Director for a first term of Three year and Mr. Farukh Soli Wadia (DIN: 00097162) as Non-Executive Non-Independent Director of the Company through Postal Ballot on 12[th] January, 2025 (Last date of Voting).

The Details Disclosure under Clause 7 of Para A of Part A of schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided in “ Annexure A ” which is enclosed with this letter.

This is for your information and records.

Yours’ faithfully, For Patel Integrated Logistics Limited Digitally signed Avinash by Avinash Paul Raj Paul Raj Date: 2025.01.13 16:24:24 +05'30'

Avinash Paul Raj Company Secretary and Compliance Officer

CC with enclosures to:

The Calcutta Stock Exchange Ltd.

==> picture [453 x 52] intentionally omitted <==

==> picture [468 x 86] intentionally omitted <==

Annexure A

	Mr. Kannan Rajaratnam (DIN: 10697659)	Mr. Farukh Soli Wadia (DIN: 00097162)
Date of Birth (Age)	12thSeptember, 1962 (62 Years)	19thFebruary, 1965 (59 Years)
Qualification	Mr. Kannan is a Management Graduate from Madurai Kamaraj University and was doing his fellow programme in IIM Ahmedabad in the Finance and Accounts Area and completed one year of the programme.	B. Com
Reason or Change viz. appointment:	Appointment of Non-Executive Independent Director	Appointment of Non-Executive Non Independent Director
Experience (including expertise in specific functional area) / Brief Resume/Brief Profile	Mr. R Kannan is an expert in Finance and Strategy with more than 39 years’ experience in Corporate Finance, Fund Raising, Treasury Management, Strategy Formulation/Implementation, Organisation Restructuring, Corporate Performance Management/Monitoring, Business Development and Mergers/Acquisitions. In his last role he was heading the Corporate Performance Monitoring and Research Function at the Group level in Hinduja Group dealing in aspects relating to Planning, Budgeting, Performance Monitoring (of more than 20	Has more than Three decades of rich and varied experience in the fields of automobile dealership, couriers, Management Consultancy and Finance

==> picture [453 x 52] intentionally omitted <==

==> picture [468 x 86] intentionally omitted <==

	companies in the group), Business Development M&A and Global Economic and Industry Research. He is/was a member of Expert Committees in Assocham/ FICCI/CII/ Bombay Chamber of Commerce and Industry and Indian Merchant's Chamber on Committees relating to Private Equity, Industry, Economy, Banking, Transportation, Logistics, Environment, and was Member of National Task force on Artificial Intelligence of CII, etc. At present he is a Corporate and Economic Advisor providing advice to Government, Private Sector including MSMEs and Startups and a Member of Board of Directors. In May 2024, Passed the qualifying exam for Independent Directors.
Date of appointment	First term of Three years commencing from 24thOctober, 2024 till 23rdOctober, 2027, subject to approval of shareholders ofthe company.	From 24thOctober, 2024 subject to approval of shareholders of the company.
Terms and Conditions of Appointment	The Management of the company has proposed to appoint him as Non-Executive Independent Director on the board of Company.	He was Independent Director on Board. His tenure as Independent Director has come to an end on 20thAugust, 2024. The Management of the company has proposed to reappoint him as Non-Executive Non-Independent Director on the board of Company.
Remuneration last drawn (including sitting fees, if any)	NIL	He had received Sitting fees of Rs. 25,000 for attending Board Meeting dated 29thOctober, 2024 and Sittingfees of Rs.

==> picture [453 x 52] intentionally omitted <==

==> picture [468 x 86] intentionally omitted <==

		20,000 for Attending Audit Committee Meeting dated 29th October, 2024 as Independent Director. (Subject to TDS Deduction)
Remuneration proposed to be paid	He shall be paid remuneration by way of fee for attending meetings of the Board or Committees thereof or for any other meetings as may be decided by the Board, reimbursement of expenses for participating in the Board and other meetings and profit related commission within the limits stipulated under Section 197 of the Companies Act, 2013.	He shall be paid remuneration by way of fee for attending meetings of the Board or Committees thereof or for any other meetings as may be decided by the Board, reimbursement of expenses for participating in the Board and other meetings and profit related commission within the limits stipulated under Section 197 of the Companies Act, 2013.
Date of first appointment on the Board	NA	06thMay, 1998
No. of shares held in the Company either by self or as a beneficial owner.	NIL	105
Relationship with other Directors / Key Managerial Personnel	Not related to any Director / Key Managerial Personnel of the Company.	Not related to any Director / Key Managerial Personnel of the Company.
Number of meetings of the Board attended during the financial year (2024-25)	1 (One)	4 (Four)
Directorship held in other Listed companies.	NIL	NIL
Membership / Chairmanship of	NIL	NIL

==> picture [453 x 52] intentionally omitted <==

==> picture [468 x 86] intentionally omitted <==

Committees of other Boards Notice
Listed entities from which the Director has resigned in the past three years	NIL	NIL
Information as required pursuant to BSE Circular with ref. no. LIST/ COMP/ 14/ 2018- 19 and the National Stock Exchange of India Ltd with ref. no. NSE/ CML/ 2018/ 24, dated 20th June, 2018.	Mr. Kannan Rajaratnam is not debarred from holding office of director by any SEBI order or any other authority.	Mr. Farukh Soli Wadia is not debarred from holding office of director by any SEBI order or any other authority.
The skills and capabilities required for the role and the manner in which Mr. Syed Khushid Husain meet such requirements.	Mr. Kannan Rajaratnam is an expert in Finance and Strategy with more than 39 years’ experience in Corporate Finance, Fund Raising, Treasury Management, Strategy Formulation/Implementation, Organisation Restructuring, Corporate Performance Management/Monitoring, Business Development and Mergers/Acquisitions. Mr. Kannan Rajaratnam fulfils the conditions specified in the Act and the SEBI Listing Regulations for appointment as Independent Director. Also he is Independent to the board. The Board considers it desirable and in the interest of the Company to have Mr. Kannan Rajaratnam as Non-Executive Non-Independent Director on theBoard ofthe Company	Mr. Farukh wadia is a person of integrity, possesses relevant expertise / experience and fulfills the conditions specified in the Act and the SEBI Listing Regulations for appointment as Director. Given his experience, the Board considers it desirable and in the interest of the Company to have Mr. Farukh Wadia on the Board of the Company

==> picture [453 x 52] intentionally omitted <==

==> picture [468 x 86] intentionally omitted <==

==> picture [453 x 52] intentionally omitted <==