Submission of Annual Report with Notice of 55th Annual General Meeting for FY 2024-25
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Premier Synthetics has submitted its 55th Annual Report for FY 2024-25 along with the AGM notice to BSE. The 55th AGM is scheduled for Monday, 29th September 2025 at 12:30 PM at the registered office in Ahmedabad. Key agenda items include declaration of dividend on Non-Convertible Non-Cumulative Redeemable Preference Shares, re-appointment of Mr. Sanjaykumar Majodbhai Majethia as director, approval of related party transaction limits of up to Rs. 80 crore for FY 2025-26 (Premier Spintex - Rs. 50 Cr, Sun Insulators - Rs. 25 Cr, Vijay Stationeries - Rs. 5 Cr), appointment of Ms. Savita Gupta as Independent Director for 5 years, and appointment of M/s. Jigar Trivedi & Co. as Secretarial Auditor for FY 2025-26 to FY 2029-30. The company also seeks shareholder approval to add a new consultancy business activity to its main objects and to sell a land parcel at Rakanpur, Gandhinagar (18,284 sq. mtrs.) for not less than Rs. 6 crore. The record date for e-voting is 19th September 2025 and the e-voting window runs from 22nd to 28th September 2025.
This is a routine procedural filing, but the agenda includes shareholder approvals for a Rs. 6 crore land sale, up to Rs. 80 crore in related party transactions, and a new consultancy business line. The preference share dividend and director appointments are standard AGM items and unlikely to move the stock materially on their own.