Paul Merchants Ltd — Important, 02-09-2025: Company Update

Paul Merchants Limited's wholly-owned subsidiary, PMFPL, has announced key decisions from its board meeting. The subsidiary declared an interim dividend of ₹3.52 per share, totaling ₹15.01 Cr. Additionally, PMFPL proposed one-time special incentives, totaling ₹15.05 Cr, for key personnel, including promoters Mr. Sat Paul Bansal (₹5 Cr), Mrs. Sarita Rani Bansal (₹5 Cr), and Mr. Rajneesh Bansal (₹5 Cr), plus Mrs. Aastha Bansal (₹0.05 Cr). These incentives, subject to shareholder approval, acknowledge their instrumental roles in the successful slump sale of PMFPL's gold loan business to L&T Finance Limited. This impacts shareholder returns and recognizes leadership contributions.