Patels Airtemp India Reports Senior Manager Resignation and Clarifies Reason
Patels Airtemp India Ltd has confirmed that Jasmin R. Raval, who served as a Sr. Manager in the Design & Engineering Dept (HEPV Division), resigned from the company. Mr. Raval clarified that his departure was due solely to personal reasons.The resignation of Mr. Raval, a senior management personnel at Patels Airtemp India Ltd, was effective from June 10, 2026. He had initially tendered his resignation on March 10, 2026, after serving approximately 1.5 years with the company in the Sr. Manager - Design & Engineering Dept (HEPV Division) role.
Following the submission of his initial resignation letter, Mr. Raval provided a subsequent clarification to the company. In a letter dated July 4, 2026, he confirmed that his decision to resign was voluntary and was attributable only to personal reasons, stating it was not linked to any other circumstances.
The essential details concerning the personnel change are summarized below:
| Particular | Details |
|---|---|
| Name of SMP | Mr. Jasmin R. Raval |
| Reason for Resignation | Resignation due personal reason. |
| Date of Cessation | June 10, 2026 |
| Brief Profile | Not Applicable |
This update provides the necessary details regarding the exit of the senior management personnel from Patels Airtemp India Ltd.
Stock Price Movement
Patels Airtemp India Ltd settled at ₹390.70 on Monday, climbing 5.00% as shares advanced by ₹18.60.The stock traded throughout the day, moving between a low of ₹383.30 and an intraday high of ₹390.70.
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