Paul Merchants Ltd

Paul Merchants Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the unaudited financial results for the quarter ending June 30, 2026, are made public. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The specific date for the board meeting to consider these financial results will be communicated later. This measure is standard practice to prevent potential insider trading before the release of sensitive financial information.

Paul Merchants Ltd has released its standalone and consolidated audited financial results along with segment results for the financial year ended March 31, 2026. The Board of Directors approved these results in their meeting held on May 27, 2026, following a review by the Audit Committee. The audit reports, issued by the Statutory Auditors, contain an unmodified opinion. The company has consolidated the financial results with its three Wholly Owned Subsidiary Companies and two Limited Liability Partnerships.

Paul Merchants Ltd's board approved increasing the term loan limit for its wholly-owned subsidiary, Paul Merchants Realtors Private Limited (PMRPL), from ₹100 Crores to ₹150 Crores. The board also approved modifications to the interest payment terms for PMRPL's working capital limit of up to ₹25 Crores. The interest rate on the term loan will be reviewed quarterly and is currently set at 11.00% p.a. The loan will be used by PMRPL in its principal business activities.

Paul Merchants Ltd's Board of Directors approved the standalone and consolidated audited financial results, along with segment results, for the financial year ended March 31, 2026. The audit reports, issued by the statutory auditors, have an unmodified opinion. The results were reviewed by the Audit Committee and consolidated with its subsidiaries: Paul Merchants Finance Private Limited, Paul Merchants Realtors Private Limited, and Paul Infotech Private Limited, as well as Paul Landscape Realtors LLP and SSBRO Infra Surge LLP.

Paul Merchants Ltd has scheduled a Board of Directors meeting on May 27, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also approve the annual audited financial statements. The trading window, which has been closed since April 1, 2026, will remain closed until May 29, 2026, in compliance with SEBI regulations.

Paul Merchants Ltd responded to a BSE query regarding unusual price movement, asserting full compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. The company highlighted nine recent disclosures made between January and March 2026, including the rejection of an RBI license application, conversion of a promoter group entity, submission of unaudited financial results for the quarter and nine months ended December 31, 2025, a term loan to a wholly-owned subsidiary, and the withdrawal and downgrading of credit ratings. Paul Merchants stated that the movement in its share price is beyond the company's control and is determined by market forces. They reiterated their commitment to keeping the exchange updated on all important and price-sensitive events, including the upcoming audited financial results for the year ended March 31, 2026.

Paul Merchants Ltd has announced the closure of its trading window in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The closure will be effective from Wednesday, April 01, 2026, and will remain in place until 48 hours after the audited financial results for the quarter and year ending March 31, 2026, are made generally available. The date of the board meeting for the consideration and declaration of these results will be intimated in due course.

Paul Excursions LLP has acquired 307,065 equity shares, which is 9.96% of the total share capital of Paul Merchants Limited, from Paul Excursions Private Limited. This acquisition was made pursuant to succession on conversion of Paul Excursions Private Limited into Paul Excursions LLP. The transaction is exempted from making an open offer under Regulation 10(1Xg) of SEBI (SAST) Regulations, 2011.

Paul Merchants Ltd has announced the completion of the conversion of its promoter group entity, Paul Excursions Private Limited, into a Limited Liability Partnership (LLP) under the name and style of Paul Excursions LLP. The conversion was in accordance with the provisions of the Limited Liability Partnership Act, 2008. The transfer of 3,07,065 equity shares, representing 9.96% of the total equity shares of the Company, from the demat account of Paul Excursions Private Limited to the demat account of Paul Excursions LLP has been completed and reflected in the demat account of Paul Excursions LLP as of March 18, 2026.

Paul Merchants Ltd has resubmitted its Limited Review Report for the quarter and nine months ended December 31, 2025, with the Unique Document Identification Number (UDIN) as per the SEBI regulations. The company had previously submitted the report without the UDIN due to the ICAI portal being down. The financial results remain unchanged.