Premier Polyfilm Limited saw a disposal of 2,06,902 equity shares by Manvi Goenka, an immediate relative of the company's promoter, on September 23, 2026. The transaction was executed through the open market and represents 0.20% of the company's total shareholding.

The disclosure was filed with both BSE Limited and National Stock Exchange of India Limited on September 24, 2026. The filing adheres to Regulation 7(2)(a) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as well as Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction details

The following table outlines the specific parameters of the share disposal:

Regulatory compliance

Manvi Goenka confirmed that the post-disposal holding of shares carrying voting rights is zero. The equity share capital of Premier Polyfilm remains unchanged at ₹10,47,42,475, comprising 10,47,42,475 equity shares of ₹1 each. The total diluted share capital also remains at the same level, indicating no convertible securities were involved in this specific transaction.

The disclosure serves as a continual compliance record for insider trading regulations and substantial acquisition rules, ensuring transparency in promoter group dealings.

Premier Polyfilm Limited shareholders approved the appointment of M/s A D V And Co LLP as statutory auditors for the financial year 2026-2027 during the company's 34th Annual General Meeting (AGM) held on September 24, 2026.

The meeting, conducted via Video Conferencing and Other Audio-Visual Means, saw the passage of all seven agenda items with requisite majority. The board also approved a final dividend and re-appointed Shri Mayank Goenka as a director retiring by rotation.

Auditor appointment details

The members approved the appointment of M/s A D V And Co LLP, Chartered Accountants (Firm Registration No.: 003467N/N500463), as statutory auditors for FY27. The appointment was effective from May 9, 2026. The firm has experience in diversified fields including audit, accounting, taxation, consultation, business advisory, and company law matters. Their key service areas include statutory and tax audits of companies, internal audits, and bank audits. No relationship exists between the directors of the company and the appointed firm.

Dividend payment schedule

The declared dividend represents a payout of 15% on the face value of ₹1 per equity share. According to the company’s regulatory filing, the amount will be paid or disbursed to eligible shareholders on or before October 23, 2026. This timeline aligns with the provisions of the Companies Act, 2013 and SEBI Listing Regulations.

Voting outcomes and resolutions

The AGM addressed both ordinary and special business, including the adoption of audited standalone financial statements and various directorial appointments. Notably, two special resolutions concerning executive director remuneration and re-appointment were passed, despite promoter group abstention from voting on specific interested-party matters.

Director appointments and perquisites

The shareholders approved the re-appointment of Shri Ram Babu Verma as an Executive Director for a period of 12 months, effective December 27, 2026. Verma, aged 63, holds over 37 years of executive experience and has no familial relationship with other directors.

Additionally, the AGM approved changes to the perquisites and other amenities payable to Shri Mayank Goenka, Whole Time Director, effective May 9, 2026. The revised terms include House Rent Allowance at 40% of basic salary per month, free chauffeur-driven conveyance for official purposes, and reimbursement of medical expenses for self, family, and parents. Goenka, aged 28, is the son of Managing Director and CEO Shri Amitabh Goenka.

Governance and attendance details

A total of 81 public shareholders attended the virtual meeting, representing a significant portion of the non-institutional voting base. The scrutinizer, Ms. Mayuri Sinha, confirmed that no invalid votes were recorded across any resolution category. The record date for voting rights was set at September 17, 2026, with e-voting facilities active from September 21 to September 23, 2026.

What the numbers show

A distinct pattern emerges in the voting data regarding related-party transactions. For Resolution 3 (re-appointment of Shri Mayank Goenka) and Resolution 6 (perquisites for Shri Mayank Goenka), the promoter and promoter group voted zero shares, citing interest in the matter. Consequently, these resolutions relied entirely on public shareholder support, which remained robust at approximately 98.74% in favour. In contrast, on neutral items like the dividend declaration, auditor appointment, and cost auditor remuneration, promoters cast nearly 73% of their total holding (28.19 million out of 74.37 million shares), indicating high engagement on non-conflict issues.