PANAMA PETROCHEM LTD.

Panama Petrochem Ltd has received a crucial license from the Directorate of Industries Safety & Health, enabling the commencement of operations at its new factory located in Lodha Industrial and Logistic Park II, Ambernath, Thane, Maharashtra. This statutory license authorizes the company to manufacture specified petroleum speciality products. While there is no immediate monetary impact, the license is essential for operationalizing the facility, which is valid until June 29, 2035. This development signifies a step forward in the company's expansion and production capabilities.

Panama Petrochem Ltd has responded to a stock exchange query regarding the recent price movement of its shares. The company stated that it regularly disseminates all price-sensitive information and has not withheld any material information. The movement in share price is attributed to investor perceptions based on already disclosed information. Panama Petrochem reiterated its compliance with listing norms and denied any direct or indirect involvement in the price/volume increase.

Panama Petrochem Ltd has responded to a stock exchange query regarding an unusual increase in its share trading volume. The company clarified that it has consistently disclosed all material information that could impact its operations and performance. It stated that the recent surge in volume is attributable to investor perceptions based on previously disseminated information. Panama Petrochem affirmed that it has not withheld any price-sensitive data and is not involved in any direct or indirect manipulation of its share price or volume.

Panama Petrochem Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and will be effective from July 01, 2026. The window will reopen 48 hours after the declaration of the company's financial results for the quarter ending June 30, 2026. The exact date for the financial results announcement will be communicated later.

Panama Petrochem Ltd's board approved and recorded standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. They recommended a dividend of ₹3 per equity share of ₹2 each for FY26, pending shareholder approval, to be paid within two weeks of the AGM. JMR & Associates LLP issued an unmodified opinion on the audited financial results.

Panama Petrochem Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the standalone and consolidated audited financial results for the quarter/year ended March 31, 2026. The board will also consider recommending a dividend, if any, for the financial year ended March 31, 2026.

Panama Petrochem Ltd has announced the closure of its trading window for persons specified under the Company's Code of Conduct. The closure will be in effect from April 01, 2026, until 48 hours after the declaration of Financial Results for the quarter and year ending March 31, 2026. The exact date of the announcement will be informed in due course. This action is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

According to a disclosure made under Regulation 10(7) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, Amin Amirali Rayani has acquired equity shares of Panama Petrochem Ltd from Amirali Essabhai Rayani by way of gift. This acquisition falls under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was made on March 05, 2026, without any consideration. Amin Amirali Rayani and Amirali Essabhai Rayani are immediate relatives, being son and father respectively. The acquisition price per share is nil, as it was a gift. The acquirer and the seller have complied with the provisions of Chapter V of the Takeover Regulations.

According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Amirali Essabhai Rayani has transferred equity shares of Panama Petrochem Ltd. by way of gift on March 05, 2026. The necessary disclosures have been made to effect this acquisition. This transfer results in a total of 15,36,000 shares being held by the acquirer, representing 2.54% of the total share and voting rights.

Amin Amirali Rayani has acquired equity shares of Panama Petrochem Ltd through a gift from Amirali Rayani. This acquisition was made on March 05, 2026, and the necessary disclosures have been made under Regulation 10(6) of SEBI (SAST) Regulations, 2011. The acquisition constitutes 2.54% of the total share capital of the company. As the transfer is between immediate relatives, no consideration was involved.