Patels Airtemp (India) Limited informed about sad demise of Mr. Narayanbhai G. Patel, the Founder, one of the Promoter and the Chairman & Whole-time Director of the Company on 3 October, 2023 due to ill-health. Due to sad demise he ceased to be a Chairman & Whole-time Director and Member of the Audit Committee (AC), Nomination & Remuneration Committee (NRC), Stakeholders' Relationship Committee (SRC) and Corporate Social Responsibility Committee (CSR) committee of Board of Directors of the Company.