As per Regulation 24A of SEBI (LODR) Regulations, 2015, enclosed herewith Secretarial Compliance Report for the year ended March 31, 2025.

Permanent Magnets Limited has submitted its annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI Regulation 24A. The report, issued by M/s. Arun Dash & Associates, Practicing Company Secretaries, confirms that the company has generally complied with applicable SEBI regulations, secretarial standards, and corporate governance requirements. One non-compliance was noted: under Regulation 31(2) of SEBI LODR, one promoter's shareholding was held in physical form (non-compliance persisting since FY 2019-20), but the company has since moved 100% of promoter shareholding into dematerialized form w.e.f. December 2024. No actions were taken by SEBI or BSE against the company, its promoters, or directors during the review period. No statutory auditor resignation occurred during the year.