PERMANENT MAGNETS LTD.-$

Permanent Magnets Limited has officially announced the relocation of its corporate office, effective September 7, 2026. The new address is Plot No. A-8, A-9, A-13, Mira MIDC Area, Village Mira, Mira Road (East), Thane - 401107. The company has confirmed that its registered office will remain unchanged. This strategic move is intended to streamline operations and potentially improve accessibility. The disclosure has been made in compliance with SEBI (LODR) Regulations, 2015, and is also available on the company's website.

Permanent Magnets Ltd announced the resignation of its Chief Financial Officer, Mr. Sukhmal Jain. His resignation will be effective from the close of business hours on September 30, 2026, making it his last working day. The company expressed sincere appreciation for his valuable contributions over his tenure. Mr. Jain has served the company for 38 years and believes it's an opportune time for a smooth transition. The company is in the process of appointing a new CFO and will make a separate disclosure upon appointment.

Permanent Magnets Ltd has announced the dematerialization of 5,000 shares belonging to Mrs. Kamala Anil Taparia, a Promoter Group member. This action follows the successful completion of a mandatory 6-month lock-in period, which ended on August 06, 2026. The shares were credited directly to Mrs. Taparia's demat account after the lock-in period expired, as per SEBI circular guidelines. This dematerialization is a routine corporate action after a specified holding period for certain share classes.

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.

Permanent Magnets Ltd's wholly-owned subsidiary, Quantum Magnetics Private Limited (QMPL), has received approval under the Electronics Component Manufacturing Scheme (ECMS). This approval is for the manufacturing of Neodymium Magnets (Rare Earth Elements). The development is a significant milestone for QMPL and aligns with the company's strategic goal of establishing a domestic manufacturing ecosystem for Rare Earth Permanent Magnets (NdFeB). The company acknowledged the support from the Government of India and the Ministry of Electronics and Information Technology (MeitY).

Permanent Magnets Limited announced its unaudited financial results for the quarter ended June 30, 2026 (Q1FY27). Revenue from operations grew by 19% year-on-year to ₹63.23 crore, driven by strong performance in the Alloys division, which is benefiting from new capacity commissioned in Q4FY26. Total income increased by 17% YoY to ₹64.05 crore. Operating margins remained healthy at 19%, although they decreased by 211 basis points YoY. Profit Before Taxes saw a decline of 13% YoY to ₹8.52 crore, and Profit After Taxes decreased by 14% YoY to ₹6.25 crore. Earnings Per Share (EPS) also fell by 14% YoY to ₹7.27. The company highlighted ongoing customer engagement in Oil & Gas and Aerospace sectors, and progress on the Relays project and Quantum Magnetics Phase 2 CAPEX, which is on track for commissioning in Q3FY27.

Permanent Magnets Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported a standalone net profit of ₹6.25 crore, a decrease from ₹7.28 crore in the same quarter last year. Consolidated net profit also saw a decline, standing at ₹3.80 crore compared to ₹6.17 crore year-on-year. Revenue from operations for the standalone entity was ₹63.23 crore, while consolidated revenue was also ₹63.23 crore for the quarter. The Board of Directors approved these results on August 4, 2026, with an unmodified opinion from the statutory auditors.

Permanent Magnets Ltd announced the outcome of its Board Meeting held on August 4, 2026. During the meeting, the Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results were prepared as per IND-AS and were accompanied by a Limited Review Report from the Statutory Auditors, M/s. Jayesh Sanghrajka and Co LLP, Chartered Accountants. The meeting commenced at 3:15 p.m. and concluded at 3:50 p.m.

Permanent Magnets Ltd has announced that its Board of Directors will convene on August 4, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The meeting will also include a review of the Limited Review Report. Concurrently, the company has informed that the trading window for its securities will remain closed for designated persons and their immediate relatives until 48 hours after the board meeting concludes, reopening on August 7, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

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.