PATEL ENGINEERING LTD.-$

Ryan Rupen Patel, a member of the promoter group of Patel Engineering Ltd., acquired 40,800 equity shares of the company. This acquisition occurred through the transmission of shares previously held by Mr. Pravin Patel, a relative of the promoters, who passed away on July 1, 2025. The transmission to Mr. Ryan Patel, as the nominee, was completed on May 25, 2026. This transaction is exempt from an open offer under Regulation 10(1)(g) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following this acquisition, Ryan Patel's total shareholding in Patel Engineering increased from 2,39,900 shares (0.02%) to 2,80,700 shares (0.02%). The acquired shares represent 0.004% of the company's total share capital.

Patel Engineering Ltd's joint venture, RAMAN PATEL J.V., has been blacklisted by the Public Procurement Monitoring Office, Government of Nepal, effective from May 27, 2026, to May 26, 2029. The JV, with Patel Engineering holding 35% and Raman Construction Private Limited as the lead partner (65%), faced disputes leading to contract termination. Patel Engineering claims no material impact on its financials or operations as project execution was Raman's responsibility. Disputes are pending adjudication.

Patel Engineering Ltd. has been penalized ₹14 lacs by the Forest and Environment department, Namthang, South Sikkim, for operating a stone crusher plant without the required operational license. The penalty covers the years 2022-23, 2023-24, and 2025-26. Patel Engineering is executing the TEESTA STAGE-VI Hydro Electric Project and will comply with the order by paying the penalty and obtaining the necessary license. The company stated that there is no material financial impact and operations continue at the site.

Patel Engineering Ltd. has released the Monitoring Agency Report for the quarter and financial year ended March 31, 2026, as per Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, issued by CARE Ratings Limited, confirms no deviation in the utilization of issue proceeds from the objects stated in the Letter of Offer for Rights Issue of Equity Shares dated November 28, 2025. The rights issue aggregated to ₹398.97 crore.

Patel Engineering Ltd. reported no deviation or variation in the utilization of proceeds from its Rights Issue for the quarter ended March 31, 2026, as per Regulation 32 of SEBI guidelines. The funds were raised on December 22, 2025, and the statement confirming nil deviation has been reviewed by the Audit Committee and Board of Directors. The total amount raised was ₹3,989.68 million.

Patel Engineering Ltd has approved the sale of its entire stake in ACP Tollways Pvt Ltd, an associate company. The transaction involves the sale of 84,95,040 equity shares with a face value of ₹100 each. The agreed consideration for the sale is ₹55 crore. Completion is expected before March 31, 2027, subject to lender approvals. As of March 31, 2025, ACP Tollways contributed nil turnover, ₹38.76 crore net worth (1.02% of consolidated net worth), and ₹18.84 crore profit (7.78% of consolidated net profit) to Patel Engineering.

Patel Engineering Ltd reported strong Q4 & FY26 results. FY26 revenue stood at ₹5,102.74 Crore, with a net profit of ₹294.50 Crore, up 21.60% Y-o-Y. The order book as of March 31, 2026, stands at ₹15,119 Crore. The company achieved revenue from operations of ₹1,421.48 Crore in Q4 FY26, with a net profit of ₹71.49 Crore, an increase of 117.96%. The company's debt-equity ratio improved to 0.27x in FY26 from 0.43x in FY25.

Patel Engineering Ltd. announced the approval of audited standalone and consolidated financial results for the year ended March 31, 2026. Additionally, the company approved the sale of its entire stake in ACP Tollways Pvt Ltd for ₹55 crore, subject to lender approvals. The sale agreement is expected to be finalized before March 31, 2027. The stake represents 1.02% of consolidated net worth and 7.78% of consolidated net profit as of March 31, 2025.

Patel Engineering Ltd. announced the approval of audited standalone and consolidated financial results for the year ended March 31, 2026. Additionally, the company approved the sale of its entire stake in ACP Tollways Pvt Ltd, consisting of 84,95,040 equity shares, for ₹55 crore, subject to lender approvals. The transaction is expected to be completed before March 31, 2027.

Patel Engineering Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They also approved the sale of the company's entire stake in ACP Tollways Pvt Ltd, consisting of 84,95,040 equity shares. The sale is subject to lender approvals, with consideration of ₹55 crore expected. Further details will be disclosed upon completion of approvals and documentation.