Submission of revised Outcome of Board Meeting held on Monday, May 11, 2026. in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- due to an inadvertent ....
PREMCO · price
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Premco Global Ltd submitted a revised board meeting outcome filing correcting an administrative error where the digitally signed audit report was not visible. The Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Consolidated Q4 FY26 revenue was Rs. 2,141.45 lakhs, down from Rs. 2,834.07 lakhs in Q4 FY25, with a consolidated loss of Rs. 104.30 lakhs vs profit of Rs. 282.64 lakhs previously. Standalone FY26 revenue stood at Rs. 5,764.47 lakhs with PAT of Rs. 131.83 lakhs. The Board recommended a final dividend of Rs. 2 per share (20% on Rs. 10 face value), in addition to three interim dividends already paid totaling Rs. 44 per share for FY26. The company relocated manufacturing from Palghar and Vapi facilities, incurring one-time ex-gratia payments of Rs. 40.38 lakhs and Rs. 53.67 lakhs to contractual employees. New Labour Codes effective November 2025 required incremental provisions. CS Jay Narendra Sonavane was appointed as Company Secretary and Compliance Officer.
The Q4 and full year results show revenue decline and loss in the consolidated quarter due to facility relocation costs and one-time employee payments. However, the company maintained positive standalone profitability and declared substantial total dividends of Rs. 46 per share for FY26, indicating strong cash generation. Shareholders may view the dividend positively despite near-term operational disruptions from facility consolidation.