Business Update27 Aug 2026, 12:42 pm
Permanent Magnets Ltd Changes Corporate Identification Number
AI Summary
Permanent Magnets Ltd has officially changed its Corporate Identification Number (CIN) following an amendment to its Memorandum of Association (MOA) regarding its Object Clause. This amendment was approved by shareholders at the 65th Annual General Meeting on August 5, 2026, and subsequently by the Ministry of Corporate Affairs (MCA). The change in the NIC Code led to the updated CIN. The old CIN was L27100DN1960PLC000371, and the new CIN is L27103DN1960PLC000371. The company has requested that this change be recorded and updated on the BSE platform.
Key Highlights
- Company's Memorandum of Association object clause amended.
- Ministry of Corporate Affairs approved the MOA amendment.
- NIC Code updated, resulting in a new CIN.
- Old CIN: L27100DN1960PLC000371, New CIN: L27103DN1960PLC000371.
- Company requests update of new CIN on BSE records.
Price Impact
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