Paul Merchants Ltd — Important, 28-04-2026: Company Update

Paul Merchants Limited clarified to the Stock Exchange regarding its share price movement, stating consistent disclosure of all relevant information. The company highlighted recent updates, including the RBI's rejection of an MTSS License application, the conversion of a promoter group entity to an LLP, the announcement of financial results for the quarter and nine months ended December 31, 2025, a term loan limit for a wholly-owned subsidiary, and the withdrawal and downgrading of its credit ratings. The company also stated it would soon announce a board meeting to approve the audited financial results for the quarter and financial year ended March 31, 2026, adding that share price fluctuations are market-driven.