
Patel Integrated Logistics: Mahesh Fogla Re-designated CFO to Non-Executive Director
Patel Integrated Logistics Ltd announced the re-designation of Mr. Mahesh Fogla from Whole-time Director and Chief Financial Officer (CFO) to Non-Executive Non-Independent Director, effective August 3rd, 2026. This change is subject to shareholder approval and follows a recommendation from the Nomination and Remuneration Committee. Mr. Fogla is a qualified Chartered Accountant with over 25 years of experience in finance, legal, and strategic planning. He will continue to serve on the Stakeholders and Relationship Committee and the Audit Committee of other listed entities. The company has confirmed he is not debarred from holding a director's office.
Key Highlights
- Mahesh Fogla re-designated from CFO to Non-Executive Director.
- Effective date for the change is August 3rd, 2026.
- Shareholder approval is required for the re-designation.
- Mr. Fogla brings extensive finance and strategic planning experience.
- He will continue to serve on board committees.
Price Impact
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