Proceeding of 33rd Annual General Meeting of the Company held on September 24, 2025
Awaiting price reaction for this filing.
Premium Capital Market & Investments Ltd held its 33rd Annual General Meeting on September 24, 2025 in Indore, running from 10:30 AM to 11:20 AM with 35 members present in person. Three businesses were transacted: (1) adoption of audited financial statements for FY ended March 31, 2025; (2) re-appointment of Ms. Papita Nandi as Non-Executive Director via retirement by rotation; and (3) appointment of M/s. SCAN & Co, Chartered Accountants (FRN: 113954W) as new Statutory Auditors. Remote e-voting was conducted from September 21–23, 2025, with results to be declared by the scrutinizer M/s. Alap & Co. LLP within 48 hours. The Secretarial Audit Report flagged two observations: the company did not appoint an Internal Auditor during the review period, and the entire promoter and promoter group shareholding is not in dematerialized form. The Board attributed the Internal Auditor delay to oversight and said it is in the process of identifying a suitable candidate.
Routine procedural filing, but two compliance gaps were disclosed: a missing Internal Auditor and promoter holdings not being fully in demat form, which may raise minor governance concerns. Investors should watch for the voting results and appointment of a new Internal Auditor in upcoming quarters.