Premier Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2025 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities ....
PREMIER · price
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Premier Ltd, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed the stock exchanges that a meeting of its Board of Directors will be held on Thursday, May 22, 2025, at 3:30 PM. The main item on the agenda is to approve and take on record the Audited Standalone and Consolidated financial results for the quarter and full year ended March 31, 2025. The intimation has been signed by Kanak Jani, the appointed Resolution Professional (IP Reg. No. IBBI/IPA-001/IP-P-01757/2019-2020/12685), rather than the company's regular management, reflecting its ongoing insolvency status. The trading window for dealing in the company's shares will remain closed from April 1, 2025, till May 24, 2025, for directors, KMPs, designated persons, and connected persons. The scrip trades on BSE (500540) and NSE (PREMIER).
This is a routine quarterly results intimation, but the CIRP status is the key context — shareholders should view the upcoming audited results as a critical indicator of the company's financial health during insolvency resolution, which will directly influence the recovery prospects for equity holders.