In terms of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and pursuant to receipt of approval from shareholders of the Company through Annual General Meeting held on 29th September, 2020, Permanent Magnets has informed that the Company has submitted the application through Case Number 118969 dated 3rd October, 2020 to stock exchange for reclassification of Rameshchandra Taparia, Poornima Rameshchandra Taparia and Rameshchandra Taparia, HUF from Promoter Group category to Public category.
The above information is a part of company’s filings submitted to BSE.
