Permanent Magnets Ltd. — Board/Management Information 2020

Aug 24, 2020

PERMANENT MAGNETS LIMITED

B-3, MIDC, Village Mira, Mira Road East, Thane - 401104, Maharashtra, India

==> picture [58 x 35] intentionally omitted <==

Phone : +91-22-68285454 Facsimile : +91-22-29452128 Email : sales@pmlindia.com Website : www.pmlindia.com

Date: August 24, 2020

To,

Corporate Relation Department The Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

Scrip Code : 504132 Security ID : PERMAGN

Sub: Outcome of the Board Meeting dated August 24, 2020

Meeting Commencement Time 1.00 PM Meeting Conclusion Time 3.15 PM

Dear Sir/Madam,

Kindly note that the Board of Directors of the Company, at their meeting held on August 24, 2020, considered and approved

1. The Unaudited Standalone Financial Results of the Company for the Quarter ended June 30, 2020 along with Limited Review Report issued by Statutory Auditor.

2. Re-appointment of Shri. Sharad Taparia, Managing Director for a term of five (5) years with effect from 1[st] April, 2021 to 31[st] March, 2026 subject to members approval.

This disclosure is made in terms of the requirement of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

We request you to kindly take the same on record.

Thanking you,

Yours Faithfully,

FOR PERMANENT MAGNETS LIMITED

==> picture [105 x 47] intentionally omitted <==

RACHANA RANE COMPANY SECRETARY

==> picture [78 x 52] intentionally omitted <==

==> picture [78 x 52] intentionally omitted <==

Regd Office: Harsh Avenue, 302, 3[rd] Floor, opp. Silvassa Police Station, SilvassaVapi Main Road, Silvassa- 396 230. Dadra and Nagar Haveli (U.T.) (All correspondence has to be made at our Mira Road address only) CIN-L27100DN1960PLC000371