Permanent Magnets Promoter Shares Dematerialized Post Lock-in

Permanent Magnets Limited has submitted an update to the Bombay Stock Exchange regarding the dematerialization of shares belonging to a promoter group entity.

The disclosure references SEBI Circular No. SEBI/HO/MIRSD/MIRSD-POD/P/CIR/2025/97 dated July 02, 2025, which provides a Special Window for Re-lodgement of Transfer Requests of Physical Shares. This communication follows earlier updates provided on December 17, 2025, and February 10, 2026.

Key Developments

• The company's Registrar and Share Transfer Agent (RTA) issued a Letter of Confirmation (LOC) on February 07, 2026, which was subject to a mandatory 6-month lock-in period as per SEBI circular guidelines.
• The lock-in period was successfully completed on August 06, 2026.
• Following the completion of the lock-in period, 5,000 shares have been dematerialized and credited directly to the demat account of Mrs. Kamala Anil Taparia, who is a Partner of Shree Orient Corporation (Promoter Group).

The document was digitally signed by Rachana Sawant, Company Secretary, on August 27, 2026, at 15:29:14 IST.