Premier Capital Services disclosed a change in control following the sale of its promoter’s entire shareholding. The company held its 43rd Annual General Meeting on September 16, 2026, via video conferencing.

Promoter Pumarth Infrastructure Private Limited sold its 33.16% stake to acquirers Mr. Hitesh Kothari, Hitesh Kothari HUF, and M/s. Hargo Enterprise Private Limited. The transaction became effective on September 11, 2026.

AGM Proceedings

The meeting convened at 12:30 pm at the registered office. Key attendees included Chairman Manoj Sumati Kumar Kasliwal, CFO Rajendra Kumar Mungar, and CEO Deepti Dubey. Statutory Auditor reports contained no qualifications or adverse remarks.

Resolutions Passed

Shareholders approved the adoption of audited standalone financial statements for the year ended March 31, 2026. They also re-appointed Mrs. Sharda Manoj Kasliwal as Director by rotation.

The assembly further approved limits under Section 186 of the Companies Act, 2013. Voting was scrutinized by CS Dinesh Kumar Gupta. Results were declared and placed on the company website.

Promoter Pumarth Infrastructure Private Limited has disposed of its entire 33.16% stake in Premier Capital Services Limited through an off-market transaction. The sale, completed on September 11, 2026, transfers the promoter’s holding to a consortium led by Hitesh Kothari and his associated entities.

The transaction involves the transfer of 1,22,89,780 equity shares pursuant to a Share Purchase Agreement dated February 14, 2025. Following this disposal, Pumarth Infrastructure’s shareholding in the company has reduced to nil.

Transaction Details

The shares were acquired by three entities acting in concert:

The total equity share capital of Premier Capital Services remains unchanged at Rs. 3,70,60,920, divided into 3,70,60,920 equity shares of Rs. 1 each.

Regulatory Disclosure

Pumarth Infrastructure filed the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with the BSE Limited. The filing confirms that the seller belongs to the promoter group and that the transaction was executed via off-market mode as per the terms of the SPA.