Permanent Magnets Ltd. — Board/Management Information 2024

Aug 12, 2024

PERMANENT MAGNETS LIMITED

B-3, MIDC, Village Mira, Mira Road East, Thane - 401107, Maharashtra, India

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

Date: August 12, 2024

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

Scrip Code : 504132 Security ID : PERMAGN

Sub: Completion of Tenure of Shri Rajeev Mundra (DIN: 00139886), Non-Executive Independent Director of the Company.

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") read with Schedule III of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that Shri Rajeev Mundra (DIN: 00139886), Non-Executive Independent Director of the Company has completed his Tenure (Second term) on August 11, 2024 and accordingly ceases to be an Independent Director of the Company with effect from today, Monday, August 12, 2024.

We further confirm that there is no other material reason for his cessation other than those provided above.

The details in respect of Shri Rajeev Mundra (DIN: 00139886), as required under SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed in Annexure A.

This is for your information and records.

Thanking you,

Yours Faithfully,

FOR PERMANENT MAGNETS LIMITED

RACHANA Digitally signed by RACHANA PARESH PARESH SAWANT Date: 2024.08.12 SAWANT 11:07:39 +05'30'

RACHANA SAWANT COMPANY SECRETARY

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Regd Office: Harsh Avenue, 302, 3[rd] Floor, opp. Silvassa Police Station, Silvassa Vapi 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

PERMANENT MAGNETS LIMITED

B-3, MIDC, Village Mira, Mira Road East, Thane - 401107, Maharashtra, India

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

Annexure A

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Sr.No. Details of event that needs to be provided Information of such event
1. Reason for change vi z. appointment, Shri Rajeev Mundra (DIN: 00139886), has completed
resignation, removal, death or otherwise; his second term as a Non-Executive Independent
Director and accordingly ceases to be a Director of the
Company.
2. Date of appointment/ cessation & term Ceased to be a Director with effect from August 12,
of appointment ; 2024.
3. Brief Profile (In case of appointment) Not Applicable.
4. Disclosure of Relationship Between Not Applicable.
Directors
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Regd Office: Harsh Avenue, 302, 3[rd] Floor, opp. Silvassa Police Station, Silvassa Vapi 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