Premier Polyfilm Limited has informed the Exchange about change in Management
PREMIERPOL · price
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Premier Polyfilm shareholders at the AGM on 24 September 2025 approved three management changes. Shri Ram Babu Verma (62, 36 years of experience) was re-appointed as Executive Director for another 12 months starting 27 December 2025. Shri Mayank Goenka (27, engineer from University of Glasgow, ~5 years of project experience) was appointed as Whole-time Director designated as Executive Director for a three-year term from 23 July 2025 to 22 July 2028. M/s Sumit Bajaj & Associates was also appointed as Secretarial Auditor for five consecutive financial years from FY 2025-26 to FY 2029-30.
The most notable development is the induction of Mayank Goenka — son of Managing Director & CEO Amitaabh Goenka — into the board as a Whole-time Director, signalling the next generation of the promoter family taking on an executive role. For shareholders, this points to a long-term succession plan at the top, though some investors may view the deepening promoter-family control as a governance factor to watch.