Demise of Chairman Emeritus and Founder Shri B K Patodia intimated to exchange
Patspin India has informed BSE of the sad demise of Shri B K Patodia, Chairman Emeritus and Founder of the Company, on Monday, 28th September 2026 at around 2:00 PM (IST).
- Date of Demise
- Monday, 28th September 2026 at around 2:00 PM (IST)
- Individual
- Shri B K Patodia, Chairman Emeritus and Founder
- Promoter Status Change
- Shri B K Patodia would cease to be part of the "Promoter" of the Company
What was announced
Patspin India Limited has informed BSE, under Regulation 30 of SEBI (LODR) Regulations 2015, of the demise of Shri B K Patodia, Chairman Emeritus and Founder of the Company, on Monday, 28th September 2026 at around 2:00 PM (IST).
What the Company said
- He was the Founder of the Company.
- His visionary leadership, guidance and philanthropic spirit are described as having played a crucial role in shaping the GTN Group.
- The Company called the sudden and unexpected demise an immense loss and extended condolences to his family on behalf of Directors and Employees.
Change in promoter status
The Company has also intimated that Shri B K Patodia would cease to be part of the "Promoter" of the Company, in accordance with the SEBI (LODR) provision dealing with such cases.
How to read this
This is an event-based disclosure of a personal loss to the Company's founding family, together with the consequential update to promoter classification. The role held was that of Chairman Emeritus, an honorary designation. The intimation was signed by the Company Secretary, Veena Vishwanath Bhandary.
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