Permanent Magnets Share Price Today

Permanent Magnets appoints Ayush Kumar Jain as CFO from Oct 1, 2026

Ayush Kumar Jain appointed as CFO and KMP effective October 1, 2026. Sukhmal Jain ceased as CFO on September 30, 2026, following resignation. Jain brings over 9 years of experience in FP&A, treasury, and finance transformation. New CFO authorized to determine materiality of events for exchange disclosures.

Permanent Magnets accepts CFO Sukhmal Jain resignation effective Sept 30

Sukhmal Jain resigns as CFO of Permanent Magnets after 38 years. Last working day is September 30, 2026. Company cites no material reasons for the resignation. Search for a successor is underway.

PML subsidiary gets ECMS approval for Neodymium magnet manufacturing

Permanent Magnets Limited's subsidiary, Quantum Magnetics Private Limited, secured approval under the Electronics Component Manufacturing Scheme (ECMS) to manufacture Neodymium Magnets. The move supports the group's strategy to build a domestic ecosystem for Rare Earth Permanent Magnets (NdFeB) with support from MeitY. The disclosure was made under SEBI LODR regulations on August 18, 2026.

Permanent Magnets revenue rises 19% as Alloys division gains traction in Q1FY27

Permanent Magnets Limited posted a 19% revenue surge to ₹63.23 crore in Q1FY27, aided by new capacity in the Alloys division. Despite top-line growth, net profit dropped 14% to ₹6.25 crore as rising material costs and finance charges squeezed margins. Management highlighted ongoing CAPEX projects in Quantum Magnetics and Relays as future growth drivers.

Permanent Magnets Ltd shareholders approve ₹2.20 dividend and borrowing limits

Permanent Magnets Limited concluded its 65th AGM on August 5, 2026, with shareholders approving a ₹2.20 dividend and strategic borrowing enhancements. The meeting recorded high participation with 61.86% of eligible shares voting, resulting in unanimous passage of all ordinary and special resolutions.

PML fixes AGM on Aug 5, recommends ₹2.20 dividend

Permanent Magnets Limited has fixed August 05, 2026, as the date for its 65th Annual General Meeting, which will be conducted via Video Conferencing. The Board recommended a final dividend of ₹2.20 per equity share for FY26, with July 28, 2026, set as the record date for dividend and e-voting eligibility. Share transfer books will remain closed from July 29 to August 05, 2026.