Notice of 42nd Annual General Meeting and E Voting

Corporate Relations Department, PML/BSE/CS/2026/368 BSE Limited, Date: August 21, 2026 Dalal Street Mumbai- 400001 SUBJECT: - NOTICE OF 42ND ANNUAL GENERAL MEETING AND E-VOTING This is to inform you that the 42nd Annual General Meeting (AGM) of the Members of Paul Merchants Limited will be held on Friday, the 18th day of September, 2026 at 12.00 Noon (IST) through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM"), to transact the business as set out in the Notice of AGM. The Company has completed the dispatch of the Notice of the 42nd AGM and the complete Annual Report of the Company for the Financial Year 2025-26 on August 20, 2026 through the permitted mode. The said Annual General Meeting shall be held through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM") in compliance with the applicable provisions of the Companies Act, 2013 and the Rules made thereunder read with General Circular No. 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs ("MCA"), read with its earlier Circulars, with particular reference to Circular No. 20/2020 dated May 5, 2020, Circular No. 17/2020 dated April 13, 2020 and Circular No. 14/2020 dated April 8, 2020 on the subject, without the physical presence of Members at a common venue. The special business proposed to be transacted at the ensuing AGM, as set out in the Notice, has been considered as unavoidable by the Board of Directors of the Company. Members are hereby informed that in compliance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended from time to time, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company is providing the facility for voting by electronic means to its Members to enable them to cast their votes electronically through remote e-voting and also to exercise their right to vote at the 42nd AGM by electronic means and the business may be transacted through the e-voting services provided by Central Depository Services (India) Limited (CDSL). The instructions for e-voting are given in the Notice of the AGM. Members are requested to note the following:- a) The remote e-voting will commence at 09:00 A.M. (IST) on Tuesday, September 15, 2026 and will end at 05:00 P.M. (IST) on Thursday, September 17, 2026. The e-voting module shall be disabled by CDSL for voting thereafter and remote e-voting shall not be allowed beyond the said date and time. b) The voting rights of the Members for voting through remote e-voting or e-voting during the AGM and for attending the AGM shall be in proportion to their share of the paid- up equity share capital of the Company as on Friday, September 11, 2026 (after close of business hours) ("Cut-Off Date"). A Member as on the Cut-Off Date shall only be entitled for availing the remote e-voting facility or to vote at the AGM and for attending the AGM. c) Any person who acquires shares of the Company and becomes a member of the Company after the dispatch of the AGM Notice and holds shares in Physical mode as on the Cut-Off Date, may obtain the login id and sequence number by sending a request to RTA of the Company M/s Alankit Assignments Ltd, 4E/2, Jhandewalan Extn. New Delhi- 110055 (INDIA) Ph No. : 011-42541234 / 23541234, email id ramap@alankit.com or to Company at email id investor.redressal@paulmerchants.net. Those persons who acquire shares of the Company and become member of the Company after the dispatch of the notice of AGM and hold shares in Demat mode as on the Cut-Off Date are requested to view the Annual Report of the Company on the website of the Company at www.paulmerchants.net or on the website of CDSL (www.evotingindia.com) or at the website of BSE Ltd at www.bseindia.com for instructions relating to e-voting and for attending the AGM. The detailed procedure for obtaining login Id, password, authentication and exercising remote e-voting, e-voting at the AGM and for attending the AGM is already provided in the Notes to the Notice of the AGM. The Members are requested to refer to the same. d) Facility of voting through electronic means shall also be made available during the AGM and Members attending the AGM who have not already cast their vote by remote e-voting shall be able to exercise their right to vote during the AGM e) A Member may participate in the AGM even after exercising his/her right to vote through remote e-voting but shall not be entitled to vote again at the AGM. f) Once the vote on a resolution is cast by a Member, the Member shall not be allowed to change it subsequently or cast the vote again. The Annual Report of the Company for the Financial Year 2025-26, containing inter alia the Notice of the 42nd AGM, has been uploaded on the website of the Company under weblink https://www.paulmerchants.net/paulmerchants/wp- content/uploads/2026/08/ANNUAL-REPORT-2026-42nd-AGM.pdf Notice of the 42nd AGM has been displayed and can be downloaded from the website of the Company under weblink: https://www.paulmerchants.net/paulmerchants/wp- content/uploads/2026/08/PML-AGM-Notice-2026.pdf The Notice of the 42nd AGM has also been uploaded on the website of CDSL at www.evotingindia.com and on the website of BSE Limited at www.bseindia.com. Mr. Kanwaljit Singh Thanewal, Practising Company Secretary (Membership No. FCS 5901 and Certificate of Practice No. 5870), SCO 64-65, Sector 17-A, Chandigarh, has been appointed by the Board of Directors of the Company as the Scrutinizer for scrutinizing the process of remote e-voting and e-voting during the AGM in a fair and transparent manner. The results of the remote e-voting and e-voting during the AGM shall be declared on Saturday, September 19, 2026 at 2.00 P.M. at the Corporate Office of the Company at PML House, SCO 829-830, Sector 22-A, Chandigarh - 160022. The results declared along with the consolidated Scrutinizer's Report shall be placed on the website of the Company (www.paulmerchants.net) and on the website of CDSL (www.evotingindia.com) immediately after declaration of the results and shall simultaneously be forwarded to BSE Limited, where the Company's shares are listed. The results of voting, together with details of votes cast in favour of and against the resolutions, invalid votes and whether the resolutions have been carried or not, shall also be displayed on the Notice Board of the Company at its Registered Office at New Delhi and its Corporate Office at Chandigarh. If Members have any queries or issues regarding attending the AGM or the e-voting system, they may refer to the Frequently Asked Questions ("FAQs") and e-voting manual available on www.evotingindia.com under the help section or write an e-mail to helpdesk.evoting@cdslindia.com or contact CDSL at Toll Free No. 1800 22 55 33. All grievances connected with the facility for voting by electronic means may be addressed to Mr. Rakesh Dalvi, Sr. Manager, Central Depository Services (India) Limited, A Wing, 25th Floor, Marathon Futurex, Mafatlal Mill Compounds, N. M. Joshi Marg, Lower Parel (East), Mumbai - 400013. Members may also contact Mr. Hardam Singh, Company Secretary & Compliance Officer of the Company at investor.redressal@paulmerchants.net, Tel. No. 0172-5041760, or at PML House, SCO 829-830, Sector 22-A, Chandigarh - 160022. You are requested to take the same on your records. Thanking you, Yours faithfully, For PAUL MERCHANTS LIMITED (HARDAM SINGH) COMPANY SECRETARY & COMPLIANCE OFFICER FCS-5046 CC to: National Securities Depository Limited, C e n t r a l D e p o s it o r y Services (India) Ltd, Trade World, A wing, 4th Floor, Marathon Futurex, A-Wing, 25th floor, NM Kamala Mills Compound, Joshi Marg Lower Parel, Mumbai - 400013 Lower Parel, Mumbai 400013