Premier Energies Limited has informed the Exchange regarding Outcome of Board Meeting held on August 12, 2025.
PREMIERENE · price
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Premier Energies' board, meeting on August 12, 2025, approved several items. Mr. Nishith Hasmukh Mehta, a risk and compliance expert with 25 years of experience at Bank of America, HSBC, Kotak Mahindra and Edelweiss, was appointed as an Additional Non-Executive Independent Director for a 5-year term, subject to shareholder approval. Mr. Jasbir Singh Gujral resigned as Independent Director with effect from close of business on August 12, 2025. M/s P. S. Rao & Associates was recommended as Secretarial Auditor for FY2025-26 to FY2029-30, pending shareholder approval. The board fixed August 29, 2025 as the record date for determining members eligible to receive dividend for FY2024-25, with the dividend to be paid within 30 days of the AGM. The 30th AGM is scheduled for September 12, 2025 via video conferencing.
Shareholders should note the August 29, 2025 record date to qualify for the FY2024-25 dividend. The addition of a seasoned compliance professional to the board is a positive governance signal, while the outgoing independent director's departure is routine. The long-term secretarial auditor appointment signals continuity in compliance oversight.