Notice of Annual General Meeting (AGM) of the Company alongwith the Annual Report for the Financial Year 2025-26.

Patels Airtemp (lndia) Limited IIiIDIJSIRY Ref. No. : PAT/SD/Reg.34[1)-34th AR/2026-2027 lLTVltt Date : 17ttt August,2026 BSE Limited Corporate Relation Department Phiroze eejeebhoy Towers, Dalal Street, Fort, Mumbai:400 001 scrip code No. 517417 lscript Name PATELSAI IISIN: INE082C01024 Dear Sir/Madam, Sub: Notice of 34tr Annual General Meeting and Annual Report for the financial year 2025-26. Ref: Compliance under Regulation 3a(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we attached herewith a Notice of 34tr Annual General Meeting (34th AGM) of the Company along with Annual Report for the financial year 2025-26. The Notice of 34tt, AGM is included in the Annual Report for the financial year2025-26. The Schedule for 34tr AGM of the Company is setout below: Day, date and time for 34h AGM Monday, 14o September,2026 at 11:30 a.m. (lST) through Video Conferencing UC) / OtherAudio Visual Means (OAVM) Cut-off date for Remote E-Voting and E- Monday, 7h September, 2026 voting during 34ttt AGM Remote E-Voting start date & time Thursday, 10ttt September, 2026 (9: 00 a.m. IST) Remote E-Voting ends date & time Sunday, 13tt September, 2026 (5:00 p.m. IST) Record date for Dividend Friday, 21st August, 2026 The aforesaid Notice of 34t' AGM along with Annual Report for the financial year 2025-26 is being sent through electronic mode to those shareholders whose email ID's are registered with the Compiny / Bigshare Services Private Limited, Registrar and Transfer Agents (RTA) of the Company and ihe Depositories/Depository Participants. The Notice of 34o AGM along with Annual Report for the financial year 2025-26 is also available on the i.e. Company's website https://www.patelsairtemp.com/investors/annual-reports/. A letter to the members whose e-mail addresses are not registered with the Company/RTA/Depository Participant[s), as on cut-off date, is also being sent, providing them the weblink(s) for accesiing thl Notice of the AGM and Annual Report of the Company, in terms of Regulation 36 (1Xb) of the Listing Regulations. You are requested to take the same on record. ThankingYou. Yours faithfully, For Patels Airtemp (India) Limited Nikhil M. Patel Company Secretary & Compliance Officer (Membership No.: A6814) Encl: As above Rakanpur Works : Dudhal Works : Regd. Office: ASME "U'/'U2'l'S' 805, 806, 807, 81 0, Rakanpur 382 722, Survey No. : 100, Gam : Dudhai 382 715 sth Floor, Kalpana Complex, NATIONAL BOARD'NB' / "R' Via : Sola - Bhadaj Village, Ta. : Kalol, Ta. :Kadi, Dist. : Mehsana, Gujarat, lndia. Nr. Memnagar Fire Station, Navrangpura, MEMBER OF : HTRI. USA Dist. : Gandhinagar, Guiarat, lndia. Ph. : +91 2764 286634 / 35, 286480 / 81, Ahmedabad - 380 009. Gujarat, lndia. ISO 9001 : 2015 Ph. : +91 2764 286634 I 35, 286480 / 81, Fax: +91 2764 28630'l Ph. : +91 79 27913694 / 95 / 96 ISO 14001 :2015 Fax : +91 2764 286301 Email : works@patelsairtemp.com Fax: +9't 79 27913693 ISO 45001 : 20'18 Email : works@patelsairtemp.com Email : project@patelsairtemp.co.in crN No. 1291 90GJ1 992P1C017801 www.patelsairtemp.com t (cid:31)(cid:30)(cid:29)(cid:28)(cid:27)(cid:26)(cid:25)(cid:24)(cid:23)(cid:30)(cid:22)(cid:31)(cid:21)(cid:28)(cid:27)(cid:26)(cid:25)(cid:24)(cid:20)(cid:21)(cid:19)(cid:23)(cid:18)(cid:25)(cid:18)(cid:17) (cid:28)(cid:20)(cid:19)(cid:23)(cid:29)(cid:18)(cid:26)(cid:17)(cid:29)(cid:16)(cid:29)(cid:18)(cid:26)(cid:15)(cid:17)(cid:29)(cid:16)(cid:29)(cid:18)(cid:20)(cid:17) (cid:14)(cid:20)(cid:21)(cid:29)(cid:8)(cid:7)(cid:7)(cid:6)(cid:29)(cid:10)(cid:29)(cid:15)(cid:7)(cid:6)(cid:5) (cid:27)(cid:28)(cid:31)(cid:14)(cid:21)(cid:27)(cid:28)(cid:25)(cid:29)(cid:13)(cid:21)(cid:28)(cid:24)(cid:12)(cid:29)(cid:18)(cid:27)(cid:13)(cid:17)(cid:29)(cid:16)(cid:29)(cid:18)(cid:24)(cid:17) (cid:14)(cid:20)(cid:21)(cid:29)(cid:6)(cid:4)(cid:7)(cid:7)(cid:6)(cid:29)(cid:10)(cid:29)(cid:15)(cid:7)(cid:6)(cid:5) (cid:19)(cid:23)(cid:19)(cid:13)(cid:23)(cid:24)(cid:29)(cid:21)(cid:11)(cid:29)(cid:10)(cid:29)(cid:30)(cid:31)(cid:24)(cid:14)(cid:29)(cid:9)(cid:29)(cid:26)(cid:20)(cid:28) (cid:14)(cid:20)(cid:21)(cid:29)(cid:4)(cid:5)(cid:7)(cid:7)(cid:6)(cid:29)(cid:10)(cid:29)(cid:15)(cid:7)(cid:6)(cid:3) (cid:16)(cid:15)(cid:31)(cid:30)(cid:29)(cid:28)(cid:27)(cid:27)(cid:26)(cid:28)(cid:25)(cid:29)(cid:24)(cid:23)(cid:22)(cid:21)(cid:24)(cid:31) (cid:31)(cid:30)(cid:31)(cid:29)(cid:28)(cid:31)(cid:27) 34th Monday 14 6 CONTENTS PAGE NO. Statutory Reports Notice of Annual General Meeting 01 Directors Report 18 Management Discussion & Analysis 33 Corporate Governance Report 41 CSR Report 79 Secretarial Audit Report 82 Financial Statements Independent Auditors Report 88 Balance Sheet 100 Statement of Profit & Loss 101 Cash Flow Statement 102 Statement of Changes in Equity 104 Notes on Financial Statements 105 Others General Instructions for participating in the AGM through VC/OAVM 05 E-voting Instructions 09 E-Communication Registration Form 151 NECS Mandate Form 152 Patels Airtemp (India) Limited stropeR yrotutatS stnemetatS laicnaniF ecitoN NOTICE OF 34TH ANNUAL GENERAL MEETING NOTICE is hereby given that the 34TH ANNUAL GENERAL MEETING (“34th AGM” or “AGM” or “Meeting”) of the members of PATELS AIRTEMP (INDIA) LIMITED will be held on Monday, the 14th day of September, 2026, at 11.30 a.m., Indian Standard Time (IST), through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), to transact the following business: ORDINARY BUSINESS: 1) To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 and the reports of the Board of Directors and Auditors thereon and, in this regard, to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “ RESOLVED THAT the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 comprising Balance Sheet, the Statement of Profit and Loss, Cash Flow Statement, Statement of Changes in Equity and Notes to the Financial Statements together with the reports of the Board of Directors and Auditors thereon, as circulated to the Members, be and are hereby considered and adopted.” 2) To declare dividend on Equity Shares for the financial year ended 31st March, 2026 and, in this regard, to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “ RESOLVED THAT a dividend of ` 3.00 (Rupees Three only) per Share on 54,70,240 Equity Shares of ` 10/- each fully paid-up of the Company as recommended by the Board of Directors, be and is hereby approved and declared for the financial year ended 31st March, 2026 and the same be paid out of the profits of the Company, subject to deduction of tax at source (TDS).” 3) To re-appoint Mr. Shivang P. Patel (DIN: 08136652), who retires by rotation, as a Director and, in this regard, to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “ RESOLVED THAT in accordance with the provisions of Section 152 and other applicable provisions of the Companies Act, 2013, Mr. Shivang P. Patel (DIN: 08136652), who retires by rotation as a Director at this Annual General Meeting and being eligible, offers himself for re-appointment, be and is hereby re-appointed as a Director of the Company, whose period of office shall be liable to determination by retirement of Directors by rotation.” SPECIAL BUSINESS: 4) To ratify payment of remuneration to Cost Auditors for the financial year ending 31st March, 2027, and in this regard, to consider and, if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “ RESOLVED THAT pursuant to the provisions of Section 148 and other applicable provisions of the Companies Act, 2013 and the Companies (Au [Showing first 8,000 characters — download PDF for full document]