Paul Merchants Ltd — Important, 20-09-2025: Company Update

Paul Merchants Limited's 41st Annual General Meeting concluded with key governance approvals. Shareholders re-appointed Sh. Sat Paul Bansal as Non-Executive Non-Independent Director and Chairman; he is related to other key directors, signaling leadership continuity. M/s Rajiv Goel & Associates were re-appointed as Statutory Auditors for five years, at an annual fee of 0.03 Cr, ensuring continued financial oversight. Mr. Inder Sain Negi was re-appointed as an Independent Director for a second five-year term, enhancing independent board perspective. M/s Anil Negi & Company were also appointed as Secretarial Auditors for five years with an annual fee of 0.0035 Cr, solidifying compliance monitoring.