Paramount Cosmetics (India) Ltd — Board/Management Information 2021

Nov 12, 2021

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November 12, 2021

The Department of Corporate Services Bombay Stock Exchange Limited 1[st] Floor, P.J Towers, Dalal Street Mumbai-400001

Dear Sir/Madam,

Sub: Outcome of the meeting of Board of Directors dated 12[th] November 2021 - Ref: Script ID: PARMCOS B Script Code: 507970

We hereby inform you that the Meeting of Board of Directors of the Company is held on Friday November 12, 2021, at 04: 00 P.M. via Video Conferencing (VC) and the following business decisions have been taken on record:

• 1) Considered and approved the unaudited Financial Statements for the half-year/quarter ended on September 30, 2021.

• 2) Approved the issue of duplicate share certificates in lieu of original share certificates.

• 3) Approved the related party transaction at arm’s length basis for the financial year 2021-22.

• 4) Ratified the authority of Signing of various documents given to Mr. Rajiv Bhatt related to HR & Admin Compliances.

• 5) Appointed Mr. Rajesh Bhan as the Chief Executive Officer (CEO) of the company.

• 6) Approved and ratified the additional credit facilities from IDBI Bank.

The Board Meeting commenced at 04.00 P.M and concluded at 04.45 P.M.

Kindly acknowledge and take the above on your record.

For PARAMOUNT COSMETICS (INDIA) LIMITED

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HENA SHAH COMPANY SECRETARY & COMPLINACE OFFICER (A-45295)

PARAMOUNT COSMETICS (INDIA) LIMITED

CIN: L24240GJ1985PLC008282

Regd. Office: Plot No. 165/B-15 & 16, 2[nd] Phase G.I.D.C, Vapi, District Valsad, Gujarat - 396195 Corp. office: 902-904, 9th Floor, Prestige Meridian-1, 29 M.G. Road, Bangalore – 560001 Tel: 080-25320870 / 71 / 25327357 Email:compliance.officer@parammount.com website : www.parammount.com