Latest news about Premier Synthetics
Premier Synthetics
15.48
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M-1.71%
6M-36.89%
1Y-16.14%
5Y+12.58%
More news about Premier Synthetics
14Nov 25
Premier Synthetics Reports Mixed Q2 Results: Profit in Continuing Operations, Loss in Discontinued Segment
Premier Synthetics Limited reported a net loss of Rs 0.98 lakhs for Q2 2025, despite profitability in continuing operations. Revenue from operations increased to Rs 416.25 lakhs. The company's textile trading segment generated revenue of Rs 369.04 lakhs with Rs 3.51 lakhs in segment results, while raw material trading for rubber tubes brought in Rs 47.21 lakhs with Rs 6.52 lakhs in segment results. The discontinued cotton yarn manufacturing operations posted a loss of Rs 1.08 lakhs.
30Oct 25
Premier Synthetics Promoter Encumbers 14.86% Shares with Kotak Securities
Rajiv Giriraj Bansal, promoter of Premier Synthetics Limited, has encumbered 327,720 shares, representing 14.86% of his total shareholding and 48.03% of his encumbered shareholding. The encumbered shares, valued at Rs 25,56,216, constitute less than 20% of the company's total share capital. The encumbrance was created with Kotak Securities Limited on August 31, 2020, for obtaining margin trading facilities. This action was disclosed in compliance with SEBI regulations on substantial acquisition of shares and takeovers.
25Aug 25
Premier Synthetics Expands into Consultancy, Approves Land Sale for INR 6 Crores
Premier Synthetics Limited has approved significant strategic changes. The company will expand into consultancy services, offering management, selling, manufacturing, and finance consultancy. Additionally, the board has approved the sale of 18,284 sq. mtrs. of land in Rakanpur, Gandhinagar for a minimum of INR 6.00 crores. These decisions follow the discontinuation of manufacturing operations from January 1, 2024.
13Aug 25
Premier Synthetics Limited Reports Profit in Q2, Appoints New Independent Director
Premier Synthetics Limited reported a net profit of Rs 5.12 lakhs in Q2, compared to a loss of Rs 29.47 lakhs in the same quarter last year. Revenue from operations stood at Rs 321.64 lakhs, with textiles trading contributing Rs 295.68 lakhs and rubber tube raw materials trading adding Rs 25.96 lakhs. The board approved Q2 financial results, appointed Ms. Savita Gupta as an Additional Director (Independent Woman Director, Non-Executive), and approved the notice for the 55th AGM and Director's Report.
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