PREMIER POLYFILM LIMITED has informed the Exchange about Resignation of Independent director.
PREMIERPOL · price
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Mr. Umesh Kumar Agarwalla (DIN: 00231799) has resigned from the position of Non-Executive Independent Director of Premier Polyfilm Limited, effective 12th January 2026. He was originally appointed to the board on 28 May 2019. In his resignation letter, he cited increasing business engagements, involvement in multiple other professional assignments, and inability to devote sufficient time due to extensive travel as the reasons for stepping down. He confirmed there are no other material reasons for his resignation. He holds directorships in at least 9 other companies including Someshwara Industries, Balaji Prints, Arjay Apparel Industries, and Polo Queen Industrial and Fintech.
This is a routine independent director exit driven by personal time constraints and not by any governance or performance concerns. The company will need to appoint a replacement to maintain the required composition of the board, but this is unlikely to have any material impact on the stock price or operations.