Premier Polyfilm Limited , a manufacturer of vinyl flooring, PVC sheeting, and other related products, has announced a significant change in its promoter group structure. The company has reported the inheritance of a substantial number of shares from a Hindu Undivided Family (HUF) to an existing promoter, signaling a reorganization within its ownership structure.

Key Details of the Share Inheritance

• Transferor: Amar Nath Goenka (HUF)
• Transferee: Amar Nath Goenka (Karta and existing promoter)
• Number of Shares: 26,71,645 fully paid-up shares

Implications for Promoter Group Structure

The inheritance marks a notable shift in the company's promoter group composition:

1. HUF Dissolution: Following this inheritance, Amar Nath Goenka (HUF) is set to cease being part of the Promoter Group upon its dissolution.

2. Transitional Classification: Despite the impending dissolution, Amar Nath Goenka (HUF) will continue to be classified as part of the Promoter Group until the complete inheritance and legal transfer of all shares is finalized.

3. Shareholding Pattern Update: The company has indicated that the revised Promoter and Promoter Group holdings will be reflected in the shareholding pattern for the quarter ending September 30, 2025.

Regulatory Compliance

Premier Polyfilm Limited has made this announcement in compliance with Regulations 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's proactive disclosure aligns with regulatory requirements for transparency in promoter group changes.

Company Background

Premier Polyfilm Limited, headquartered in New Delhi, is a key player in the polymer industry. The company specializes in manufacturing vinyl flooring, PVC sheeting, PVC geomembranes, and PVC artificial leather. Its production facilities are located in Sahibabad Industrial Area, Ghaziabad, Uttar Pradesh.

Investors and stakeholders can find more information about this development on the company's website at www.premierpoly.com . As the inheritance process unfolds, market participants will likely keep a close eye on any potential impacts on the company's governance and ownership structure.

Premier Polyfilm Limited , a manufacturer of vinyl flooring, PVC sheeting, and related products, has released its financial results for the first quarter, alongside several important corporate announcements.

Financial Performance

The company reported a mixed financial performance for Q1:

Despite a 10.08% year-on-year decline in revenue from operations to Rs 7,444.00 lakhs, Premier Polyfilm managed to increase its net profit by 7.33% to Rs 600.00 lakhs compared to the same quarter last year. The company's earnings per share (EPS) also improved to Rs 0.57 from Rs 0.53 in the corresponding quarter.

Key Appointments and Corporate Actions

The board of directors made several significant decisions during their meeting:

1. Executive Director Re-appointment: Ram Babu Verma has been re-appointed as Executive Director for a 12-month term, subject to shareholder approval at the upcoming Annual General Meeting (AGM).

2. New Additional Executive Director: Mayank Goenka, son of Managing Director Amitaabh Goenka, has been appointed as Additional Executive Director, pending shareholder approval.

3. Auditor Appointments:

   • Sumit Bajaj & Associates appointed as Secretarial Auditor for 5 years
   • Cheena & Associates selected as Cost Auditor
   • D D Bansal Associates chosen as Internal Auditor for FY 2025-26

4. AGM Announcement: The 33rd Annual General Meeting is scheduled for September 24, 2025, to be held via video conferencing.

5. Book Closure: The company's register of members will remain closed from September 18-24, 2025, for AGM purposes and to determine dividend eligibility.

Corporate Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company has prepared its financial statements in accordance with Indian Accounting Standards (Ind AS) and other recognized accounting practices.

Premier Polyfilm continues to operate as a single business segment, focusing on the manufacturing and sale of Flexible PVC Flooring, Film, and Sheets.

Investors and stakeholders are advised to review the full financial results and corporate announcements available on the company's website for more detailed information.