Patron Exim Ltd

Patron Exim Ltd has announced that its Board of Directors will convene on November 2, 2026, at 4:00 PM IST. The meeting, to be held at the company's registered office in Ahmedabad, will primarily focus on the consideration and approval of the Unaudited Standalone Financial Results for the half-year ended September 30, 2026, along with the accompanying Limited Review Report. The agenda also includes provisions for discussing any other matters with the Chairperson's permission.

Patron Exim Ltd has announced the closure of its trading window for all Designated Persons, including Directors and Promoters, and their relatives. The closure will commence from October 01, 2026, and will remain in effect until 48 hours after the declaration of the company's unaudited financial results for the quarter ended September 30, 2026. This action is in compliance with the Company’s Code of Internal Procedures and Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent dealing in securities based on Unpublished Price Sensitive Information (UPSI).

Patron Exim Ltd announced that its Board of Directors, during a meeting held on September 8, 2026, approved the appointment of M/s. A. Shubhangi & Associates as the Secretarial Auditor for five financial years, starting from FY 2026-27 to FY 2030-31. This appointment is subject to shareholder approval at the upcoming 4th Annual General Meeting (AGM). The AGM is scheduled for September 30, 2026, and will be conducted via Video Conferencing/Other Audio-Visual Means. The company will also provide remote e-voting facilities to its members.

Patron Exim Ltd has announced its audited standalone financial results for the half year and financial year ended March 31, 2026. The audit report expresses a qualified opinion due to concerns raised in Annexure 1, including related party transactions, unverifiable operating income, unpaid government taxes, and non-compliance with accounting standards. Loans and advances to related parties increased significantly, raising concerns about recovery. The auditor was unable to verify certain sales and purchase records and noted the absence of a mandatory audit trail.

Patron Exim Ltd has filed a statement of deviation and variation under Regulation 32(1) of the SEBI (LODR) Regulations, 2015 for the half year ended March 31, 2026. The filing indicates deviations in the utilization of funds raised through a public issue on March 1, 2023, amounting to ₹16.68 Crores. The deviations relate to the allocation and utilization of funds for incremental working capital, general corporate purposes, and public issue expenses. The audit committee reviewed the statement, and the board has taken it on record.

Patron Exim Ltd's board approved the audited standalone financial results for the half year and financial year ended March 31, 2026, following the recommendation of the Audit Committee. The results, along with the auditor's report and statement on the impact of audit qualifications, are enclosed as Annexure-A. The board meeting was held on May 29, 2026, commencing at 03:30 PM (IST) and concluding at 04:15 PM (IST). The auditor's report contains a qualified opinion.

Patron Exim Ltd announces the resignation of Mr. Sumitkumar Jayantibhai Patel (DIN:08206567) from the position of Non-Executive Independent Director, effective from the close of business hours on June 01, 2026. The resignation, tendered on May 29, 2026, is due to personal reasons and other commitments. Mr. Patel has confirmed no other material reasons for his departure. The company is in the process of identifying suitable candidates for the position and will inform the Stock Exchange in due course, as per SEBI Listing Regulations.

Patron Exim Ltd announces the resignation of Mr. Sumitkumar Jayantibhai Patel (DIN:08206567) from the position of Non-Executive Independent Director, effective from the close of business hours on June 01, 2026. The resignation, tendered on May 29, 2026, is due to personal reasons and other commitments. Mr. Patel has confirmed that there are no other material reasons for his resignation. The company is in the process of identifying suitable candidates for the position and will inform the Stock Exchange in due course.

Patron Exim Ltd has rescheduled its Board of Directors meeting to May 29, 2026, to consider and approve the Audited Financial Results for the Half Year and Financial Year ended March 31, 2026. The meeting was initially scheduled for May 11, 2026, but was postponed due to unavoidable circumstances. The trading window for directors/officers/designated persons will remain closed until 48 hours after the results are submitted.

Patron Exim Ltd has scheduled a meeting of its Board of Directors on May 11, 2026, to consider and approve the Audited Standalone Financial Results for the half year and financial year ended March 31, 2026. The meeting will also address any other business with the Chair's permission.