PERMANENT MAGNETS LTD.-$

Permanent Magnets Ltd has dispatched a letter to shareholders whose email addresses are not registered, providing a web-link to access the Annual Report for FY 2025-26 and the Notice for the 65th Annual General Meeting (AGM). The AGM is scheduled for Wednesday, August 5th, 2026, at 2:30 PM IST via Video Conferencing. The cut-off date for determining voting eligibility for the AGM is Tuesday, July 28th, 2026. The company encourages shareholders to update their email IDs for electronic communication and consider dematerializing physical shareholdings.

Permanent Magnets Ltd (PML) has released its 65th Annual Report for FY 2025-2026, detailing a return to growth after a subdued FY25. The company reported a 13% year-on-year increase in standalone Revenue from Operations to approximately ₹225 crores. This growth was primarily driven by the Alloys division and improved export performance in the latter half of the fiscal year, alongside steady demand in electricity meter and automotive applications. Standalone EBITDA margin improved to 17% from 14% in the previous year, attributed to a more favorable product mix and increased revenue scale. PML emphasizes its core values of Trust, Reliability, and Quality, which have underpinned its success and position as a preferred supplier across product categories. The company aims to be a leading global solutions provider, consistently delivering value to all stakeholders.

Permanent Magnets Ltd has announced its 65th Annual General Meeting (AGM) will be held on Wednesday, August 5, 2026, at 2:30 PM IST via Video Conferencing. The agenda includes adopting the audited financial statements for FY 2025-26, declaring a final dividend of ₹2.20 per equity share, re-appointing a director retiring by rotation, and altering the object clause of the Memorandum of Association. The notice is available on the company's website.

Permanent Magnets Ltd has announced the schedule for its 65th Annual General Meeting (AGM), which will be held on Wednesday, August 05, 2026, at 2:30 p.m. through Video Conference (VC) / Other Audio-Visual Means (OAVM). The company has set Tuesday, July 28, 2026, as the Record Date for determining shareholders' entitlement to dividend for FY 2025-26 and for voting/attending the AGM. The Register of Members and Share Transfer Books will be closed from July 29, 2026, to August 05, 2026. A remote e-voting facility will be available from August 01, 2026, to August 04, 2026. Any dividend approved at the AGM will be paid within the prescribed time post-conclusion of the meeting.

Permanent Magnets Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be closed effective July 01, 2026, and will reopen 48 hours after the declaration of the Unaudited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026. The exact date of the board meeting to approve these results will be intimated later. This measure is to prevent insider trading during the period leading up to the financial results announcement.

Permanent Magnets Ltd. announced its audited financial results for the year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial statements with an unmodified opinion from the statutory auditors, M/s. Jayesh Sanghrajka and Co LLP. A final dividend of ₹2.20 per equity share (22% on face value of ₹10) has been recommended, subject to shareholder approval. The board also approved the appointment of M/s. Krishna S & Associates as Cost Auditor for FY 2026-27 and proposed alterations to the Memorandum of Association, an increase in borrowing limits from ₹100 crores to ₹300 crores, and increased limits for creation of charges, all subject to shareholder approval at the upcoming AGM.

Permanent Magnets Ltd's board approved audited financial statements for the year ended March 31, 2026, and recommended a final dividend of ₹2.20 per equity share (22% on face value of ₹10). They also approved the appointment of Krishna S & Associates as Cost Auditor for FY2026-27, subject to shareholder ratification. Additionally, the board approved alterations to the MOA, increased borrowing limits from ₹100 crores to ₹300 crores, and approved increased limits for encumbering company assets, all subject to shareholder approval at the upcoming AGM.

Permanent Magnets Ltd. has declared a final dividend of ₹2.20 per equity share (22% on the face value of ₹10 each) for the financial year ended March 31, 2026. The dividend recommendation was made by the Board of Directors at their meeting on May 13, 2026, and is subject to the approval of the members at the upcoming Annual General Meeting (AGM).

Permanent Magnets Ltd has scheduled a Board of Directors meeting on May 13, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend, if any, for the financial year ended March 31, 2026. The trading window for dealing in the company's securities will be closed until 48 hours after the board meeting, reopening on May 16, 2026.

Permanent Magnets Ltd. has announced that it has received approval under the Electronics Components Manufacturing Scheme (ECMS) from the Government of India for its Electro-mechanicals segment, specifically for Relays. This approval is a significant step towards enhancing the company's domestic electronics manufacturing capabilities and aligns with its growth strategy. The company expresses gratitude towards the Government of India and the Ministry of Electronics and Information Technology (MeitY) for their support.