Permanent Magnets Ltd Appoints New CFO, Ayush Kumar Jain

Permanent Magnets Ltd announced the appointment of Mr. Ayush Kumar Jain as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective October 1, 2026. This follows the resignation of Mr. Sukhmal Jain from the same position, with his cessation effective September 30, 2026. Mr. Jain brings over 9 years of experience in financial planning, analysis, taxation, and treasury across various sectors. The board also authorized Mr. Ayush Kumar Jain to determine the materiality of events and make disclosures to stock exchanges. The company's website will host the detailed disclosure.