Paul Merchants Ltd — Important, 10-10-2025: Company Update

Paul Merchants Limited confirmed, via its Registrar and Share Transfer Agent, that no physical securities were received for dematerialization during the quarter ending September 30. This update indicates the company's compliance regarding the conversion of physical shares into electronic form was not triggered by any requests for the period. Furthermore, the company assured that all its existing dematerialized securities are properly listed on stock exchanges. This provides shareholders with confidence in the integrity and management of their shareholdings.