Premco Global Limited has announced a board meeting scheduled for January 6, 2026, to address important corporate governance matters. The company formally notified BSE Limited on December 30, 2025, about this upcoming board meeting as required under regulatory compliance norms.

Board Meeting Agenda

The board meeting has been convened primarily to consider the appointment of a new Company Secretary and Compliance Officer. The key agenda items include:

Regulatory Compliance

The proposed appointment of Ms. Tanaya Sharad Khilari as Company Secretary and Compliance Officer is designed to meet statutory requirements under multiple regulatory frameworks. The appointment will ensure compliance with:

• Section 203 of the Companies Act, 2013 and related rules
• Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Corporate Communication

The board meeting notification was signed by Ashok Harjani, Managing Director (DIN: 00725890), and submitted to BSE Limited under the company's security code 530331. This formal communication demonstrates Premco Global Limited's commitment to maintaining transparent corporate governance practices and adhering to regulatory disclosure requirements.

The company has indicated that the board may also consider any additional business matters that may be placed before the board with the Chairman's permission during the scheduled meeting.

Premco Global Limited , a prominent player in the Indian manufacturing sector, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025, alongside a significant dividend announcement. The company's performance shows a mixed picture, with some challenges in revenue but a substantial special dividend payout for shareholders.

Financial Performance

The company's consolidated revenue for Q2 FY26 stood at Rs. 25.71 crore, marking a slight decrease of 1.15% compared to Rs. 26.00 crore in the corresponding quarter of the previous year. Despite the marginal decline in revenue, Premco Global managed to maintain its profitability.

Here's a breakdown of the key financial metrics for Q2 FY26:

The total comprehensive income for the quarter stood at Rs. 1.70 crore, compared to Rs. 1.80 crore in the same period last year, reflecting a 5.56% decrease.

Special Dividend Announcement

In a move that is likely to please shareholders, Premco Global's board has declared a special dividend of Rs. 36 per share (face value Rs. 10 each), representing a 360% dividend for the financial year 2025-2026. The record date for this dividend has been fixed as November 14, 2025.

Operational Changes

The company disclosed that it has relocated manufacturing operations from its Palghar facility to other plants. As part of this transition, Premco Global paid a one-time ex-gratia amount of Rs. 40.38 lakhs to contractual employees, which has been reported as an exceptional item in the financial statements.

Market Implications

The announcement of a substantial special dividend may positively impact investor sentiment, potentially offsetting concerns about the slight dip in revenue. The dividend yield, based on this special payout, could be attractive to income-focused investors, depending on the prevailing share price.

Conclusion

While Premco Global Limited faces some challenges in terms of revenue growth, the company's ability to maintain profitability and offer a significant special dividend suggests a strong financial position. The operational changes, including the relocation of manufacturing facilities, may be part of a broader strategy to optimize costs and improve efficiency in the long term.

Investors and market watchers will likely keep a close eye on how these changes impact the company's performance in the coming quarters, particularly in terms of revenue growth and profit margins. The special dividend announcement, however, provides an immediate tangible benefit to shareholders in the interim.