Permanent Magnets Ltd. — Major Shareholding Notification 2026

Feb 24, 2026

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Date: February 24, 2026

To, Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001

Sub: Intimation under Regulation 31A(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Ref: Scrip Code: 504132

Dear Sir/Madam,

We would like to inform you that pursuant to a Gift Deed executed by Mr. Sharad Taparia, Managing Director and Promoter of the Company, 600 (Six Hundred) equity shares of the Company have been gifted to Mrs. Shreya Rishi Taparia on 20[th] February 2026.

Mrs. Shreya Rishi Taparia is an immediate relative of Mr. Rishi Taparia, who forms part of the Promoter Group of the Company.

In terms of Regulation 31A(6)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, upon receipt of shares by way of gift from a Promoter, the recipient is required to be classified under the Promoter & Promoter Group category. Accordingly, Mrs. Shreya Rishi Taparia shall be reflected under the Promoter Group category in the shareholding pattern of the Company.

Kindly take the above information on record.

Thanking you,

Yours faithfully,

FOR PERMANENT MAGNETS LIMITED

RACHANA Digitally signed by RACHANA PARESH PARESH SAWANT Date: 2026.02.24 14:51:23 SAWANT +05'30' RACHANA SAWANT COMPANY SECRETARY

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