Paul Merchants Ltd — Important, 11-09-2025: Company Update

Paul Merchants Limited's wholly-owned subsidiary, PMFPL, has provided an update on the slump sale of its Gold Loan Business Undertaking to L&T Finance. The second tranche consideration for this sale totaled Rs. 77.49 Cr. Of this, Rs. 1.21 Cr is held in abeyance pending a legal/tax opinion on depreciation treatment, and Rs. 15 Cr has been retained by the acquirer as per the agreement. PMFPL has successfully received the balance amount of Rs. 61.28 Cr. This update signifies progress in the company's asset divestment, impacting its financial position.