Premier Polyfilm Limited , a manufacturer of vinyl flooring, PVC sheeting, and other polymer products, held its 33rd Annual General Meeting (AGM) on September 24, 2025, where shareholders approved significant appointments and a dividend payout.

Key Appointments

The company announced two important executive appointments:

1. Ram Babu Verma was re-appointed as Executive Director for a 12-month term starting December 27, 2025. Verma, 62, brings over 36 years of executive experience to the role. He holds degrees in Science and Economics, along with a Master's in Social Work specializing in HR & IR.

2. Mayank Goenka, 27, was appointed as Whole-time Director, designated as 'Executive Director', for a three-year term from July 23, 2025, to July 22, 2028. Goenka, an engineering graduate from the University of Glasgow, has five years of project management experience. He is the son of Amitaabh Goenka, the company's Managing Director and CEO.

Secretarial Auditor Appointment

The shareholders also approved the appointment of M/s Sumit Bajaj & Associates as the company's Secretarial Auditor for five consecutive financial years from 2025-26 to 2029-30. The firm specializes in corporate laws, SEBI regulations, and compliance audits.

Dividend Declaration

Chairman Amitaabh Goenka proposed a final dividend of Rs. 0.15 per equity share with a face value of Rs. 1 each, representing a 15% dividend for the financial year 2024-2025. This proposal was put forward for shareholders' approval during the AGM.

AGM Proceedings

The AGM, conducted through video conferencing, saw the participation of 75 members. The meeting addressed various ordinary and special business items, including the adoption of financial statements, appointment of directors, and approval of remuneration for the Cost Auditor.

Premier Polyfilm Limited continues to strengthen its management team and corporate governance practices. The company, with its registered office in New Delhi and manufacturing facilities in Sahibabad, Ghaziabad, specializes in the production of vinyl flooring, PVC sheeting, PVC geomembranes, and PVC artificial leather.

The results of the e-voting on the resolutions are expected to be announced within two working days of the AGM's conclusion and will be made available on the company's website and stock exchange platforms.

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.