StockWatch
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Logistics Solution Provider
Management Change3 Aug 2026, 06:20 pm

Patel Integrated Logistics: Mahesh Fogla Re-designated to Non-Executive Director

AI Summary

Patel Integrated Logistics Ltd announced the re-designation of Mr. Mahesh Fogla from Whole-time Director and Chief Financial Officer 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, a Chartered Accountant with over 25 years of experience in finance and strategic planning, will transition to a non-executive role. The company has provided detailed disclosures as per SEBI regulations, confirming Mr. Fogla is not debarred from holding directorships.

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 has over 25 years of financial and strategic experience.
  • The change is in compliance with SEBI Listing Regulations.