Paul Merchants Ltd — Important, 18-03-2026: Company Update

Paul Merchants Limited confirms the completion of a significant internal restructuring within its promoter group. The transfer of 307,065 equity shares, representing 9.96% of the company's total equity, from Paul Excursions Private Limited to Paul Excursions LLP is now finalized. This follows the previously announced conversion of the promoter group entity into an LLP. The shares are now successfully reflected in the new LLP's demat account, maintaining promoter group ownership under the updated legal structure.