Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation regarding resignation of Chief Financial Officer

Date: September 03, 2026 The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 504132 Subject: Intimation regarding resignation of Chief Financial Officer Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“SEBI Listing Regulations”), read with the applicable provisions of Schedule III thereto, we hereby inform you that Mr. Sukhmal Jain, Chief Financial Officer (CFO) of the Company, has tendered his resignation from the position of Chief Financial Officer of Permanent Magnets Limited. The resignation of Mr. Sukhmal Jain shall be effective from the close of business hours on September 30, 2026, and accordingly, September 30, 2026 shall be his last working day with the Company. The Company places on record its sincere appreciation for the valuable contribution and services rendered by Mr. Sukhmal Jain during his tenure as Chief Financial Officer of the Company. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure A. The Company is in the process of appointing a suitable person as the Chief Financial Officer. The requisite disclosure in respect of the appointment of the Chief Financial Officer shall be made to the Stock Exchange separately upon such appointment, in accordance with the applicable provisions of the SEBI Listing Regulations. The resignation letter received from Mr. Sukhmal Jain is enclosed herewith for your information and records. You are requested to take the above information on record. Thanking you, FOR PERMANENT MAGNETS LIMITED RACHANA SAWANT COMPANY SECRETARY Annexure-A Details required under Regulation 30 read with Schedule III of the Listing Regulations and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. No. Particulars Details 1. Reason for change viz. appointment, re- Mr. Sukhmal Jain has resigned from the position of appointment, resignation, removal, death or Chief Financial Officer of the Company. otherwise Mr. Sukhmal Jain has confirmed that there are no material reasons for his resignation other than those stated in his resignation letter. 2. Date of appointment/re- Resignation with effect from close of business appointment/cessation (as applicable) & hours on September 30, 2026 term of appointment/re-appointment 3. Brief profile (in case of appointment); Not Applicable 4. Disclosure of relationships between Not Applicable directors (in case of appointment of a director).