Permanent Magnets Limited has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2017 has approved the following transactions: 1. Resignation of Mrs. Bhavana Shah from post of Company Secretary & Compliance Officer of the Company with effect from 30th March, 2017 for better prospectus. 2. Appointment of Ms. Rachana Rane as a Company Secretary & Compliance Officer of the Company with effect from 30th March, 2017.