PREMIERPOLNSEPremier Polyfilm Limited· Plastic And Plastic ProductsMinimalNeutral
Announced Thu, 25 Sept · 18:35 IST

Premier Polyfilm Limited has informed the Exchange about Shareholders meeting

PREMIERPOL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Premier Polyfilm Limited held its 33rd Annual General Meeting on September 24, 2025, via video conferencing, and all 7 resolutions were passed with overwhelming shareholder support. Key resolutions included adoption of the FY25 audited financial statements, declaration of a final dividend of 15% (₹0.15 per equity share of ₹1 face value) for FY 2024-2025, and re-appointment of Shri Ram Babu Verma as Executive Director for 12 months. The appointment of Shri Mayank Goenka as Whole-time Director for 3 years also passed with 99.06% support, though the promoter group abstained from voting on this resolution as they were interested. Approximately 33.72% of total outstanding shares participated in the voting, with promoter group contributing 30.51% of shares held, all voted in favor across all resolutions.

Likely market impact

The confirmed 15% final dividend (₹0.15 per share) is a positive cash return for shareholders. The smooth passage of all resolutions with near-unanimous support indicates stable corporate governance with no material shareholder dissent.