Paul Merchants Ltd — Important, 31-07-2026: Company Update

Paul Merchants Limited received approval from the Reserve Bank of India for its Authorised Dealer Category-II (AD Category-II) Licence. Crucially, this renewed license is now valid on a perpetual basis, replacing the prior annual renewal system. This ensures the company's continuous ability to conduct its primary business activities, including Money Changing, and other permitted foreign exchange operations. This update aligns the company with the prevailing regulatory standards and provides long-term operational stability.