Paramount Cosmetics India Ltd — Important, 13-02-2026: Company Update

Paramount Cosmetics shareholders have approved several key resolutions. They sanctioned an amendment to the Articles of Association, exempting the Managing Director from retirement by rotation to ensure continuity and stability in leadership. Shareholders also approved the sale of a fixed asset (land, building, plant & machinery) to a related party for approximately 3 Cr, transacted at arm's length. Additionally, the company plans to sell another fixed asset for about 0.60 Cr as part of a business restructuring, aiming to enhance cash flow and working capital management.