Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015

Corporate Relations Department PML/BSE/BM/2026/105 BSE Limited, Date: August 12, 2026 Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 SUB: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) SCRIP CODE: 539113 Date of the Board Meeting: August 12, 2026 TIME OF COMMENCEMENT: 3:30 P.M. TIME OF CONCLUSION: 5.36 P.M. SCRIP CODE: 539113 Dear Sir/Madam, We hereby inform you that Board of Directors of Paul Merchants Limited have discussed and approved the following matter in their Meeting held today i.e. August 12, 2026 1. Convening the 42nd Annual General Meeting of the Members of the Company:- The 42nd Annual General Meeting of the Members of the Company for the Financial Year 2025-26 has been approved to be convened on Friday, the 18th day of September, 2026 at 12.00 Noon (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”). The Notice for the same will be issued to the Members and others entitled to receive the same in due course and information as per requirements of Regulation 30 read over with Para 12 of Part A of Schedule III of Listing Regulations and Para A (12) of Annexure 18 of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 shall be submitted at that time. 2. To recommend re-appointment of Mr. Ritesh Vaid (DIN: 09433856), Designated Whole Time Director who is liable to retire by rotation at the ensuing Annual General Meeting To review and approve re-appointment of Mr. Ritesh Vaid (DIN: 09433856) as Designated Whole Time Director of the Company w.e.f. 01.10.2026 On recommendation of the Nomination & Remuneration Committee, the Board of Directors of the Company has recommended the re-appointment of Mr. Ritesh Vaid, who is liable to retire by rotation in the ensuing Annual General Meeting and being eligible, has offered himself for re-appointment. Further, as his term as Designated Whole Time Director is due to expire on 30th September 2026, the Board of Directors, subject to the approval of Shareholders in their Meeting and on recommendation of the Audit Committee and Nomination & Remuneration Committee, reappointed Mr. Ritesh Vaid as Designated Whole Time Director for a period of five years commencing from October 1, 2026, till September 30, 2031. The disclosures in accordance with the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Paragraph 7 of Part A of Schedule III thereof and Annexure 18 of SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, with respect to above item is given below:-. Sr. Particulars Details Reason for change viz. Re-Appointment 1. appointment, re- appointment, resignation, removal, death or otherwise 2. Date of In case of Retirement by Rotation, to be Appointment/Re- approved by Shareholders in their ensuing appointment/cessation Annual General Meeting to be held on 18.09.2026. In case of re appointment upon expiry of Term: 01.10.2026 (Subject to the approval of Shareholder in their ensuing Annual General Meeting.) 3. Term of From 01.10.2026 to 30.09.2031 Appointment/ Re-appointment 4. Brief Profile (in case of Mr. Ritesh Vaid is 49 years of age and his Appointment) Qualifications are MBA- Marketing, Masters in Commerce and Post Graduate Diploma in Business Management. He possesses advanced functional expertise in operational management and corporate regulatory frameworks. He has extensive executive experience and has demonstrated exceptional leadership skills, administrative tact, and structural initiative in alignment with the Company’s strategic goals and compliance objectives. As a Designated Whole Time Director, he actively leads operational execution and steers the overall compliance systems of the Company. As such, the Board is of the opinion that he will continue to provide invaluable value addition to the decision making process of the Board, and under his operational leadership, direction, and guidance, the Company will achieve higher benchmarks of regulatory excellence and business growth. 5. Disclosure of Mr. Ritesh Vaid is not related to any Director Relationships between or Key Managerial Personnel of the Directors Company or its subsidiaries. Further, in accordance with BSE Circular no. LIST/COMP/14/2018-19 dated June 20, 2018, Mr. Ritesh Vaid is not debarred from holding the office of the director pursuant to any SEBI order or any other such authority and he is qualified to be appointed as Director in terms of the provisions of Companies Act, 2013. 3. To take note of and approve the resignation submitted by Ms. Sakshi (PAN EQFPS7178A), Chief Financial Officer and Key Managerial Personnel of the Company Ms. Sakshi (PAN EQFPS7178A), Chief Financial Officer and Key Managerial Personnel of the Company, has resigned from the post of Chief Financial Officer and Key Managerial Personnel of the Company with effect from the close of business hours of August 12, 2026 and her resignation has been accepted by the Board of Directors. The disclosures in accordance with the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Paragraph 7 and 7C of Part A of Schedule III thereof and Annexure 18 of SEBI Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026, in this regard is given below: Sr. Particulars Details Reason for change viz. Resignation 1. appointment, re- appointment, resignation, removal, death or otherwise 2. Date of Appointment/Re- Her resignation has come into appointment/cessation effect w.e.f. close of business hours of 12.08.2026 3. Term of Appointment/ Not Applicable Re-appointment 4. Brief Profile (in case of Not Applicable Appointment) 5. Disclosure of Relationships Not Applicable between Directors 6. Detailed reasons for The resignation has been Resignation tendered due to personal priorities 7. Copy of letter of resignation Enclosed as Annexure - 1 4. To consider and approve the appointment of Mr. Sushil Jindal as Chief Financial Officer and Key Managerial Personnel of the Company The Board of Directors, on recommendation of the Audit Committee and the Nomination & Remuneration Committee, at its meeting held today i.e. August 12, 2026, has approved the appointment of Mr. Sushil Jindal (PAN ACPPJ0096A) and ICAI Membership No. 505994) as Chief Financial Officer (CFO) of the Company. The disclosures in accordance with the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Paragraph 7 of Part A of Schedule III thereof and Annexure 18 of SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in this regard is given below: Sr. Particulars Details Reason for change viz. Appointment 1. appointment, re- appointment, resignation, removal, death or otherwise 2. Date of The Board of Directors has appointed him Appointment/Re- w.e.f. 13.08.2026 appointment/cessation 3. Term of No fixed term. Appointment/ Re-appointment 4. Brief Profile (in case of Mr. Sushil Jindal, residing at Panchkula, Appointment) Haryana, is a qualified Chartered Accountant with over 22 years of rich and diverse experience in the fields of finance, accounting, financial management, corporate finance, taxation, treasury operations, and strategic financial planning. Educational and Professional Qualifications:  Chartered Accountant (CA) – Institute of Chartered Accountants of India  MBA (Finance) - Symbiosis Centre for Distance Learning (SCDL),  Bachelor of Commerce (B.Com.) – Punjab University Expertise in Specific Functional Area: Mr. Sushil Jindal has expertise in following functional area:  Financial Statement Consolidation along with Audits.  Risk Management including ERM and Insurance Profile  Process Excellence (SOPs)  Business Analysi [Showing first 8,000 characters — download PDF for full document]