Permanent Magnets Limited Press Release Dec 03 2025

Sub: Update regarding pledge of shares to ICICI Bank matter We inform you that the late Mr. Madanlal Taparia, a Promoter, had pledged his 31290 physical shares in 1995 with the erstwhile Bank of Rajasthan Limited (BOR - since merged into ICICI Bank) as collateral for a personal loan, which BOR had transferred in its own name in 1995. The loan with interest was fully paid in 1998 but BOR retained t