StockWatch
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Other Electrical Equipment
Management Change28 Sept 2026, 05:00 pm

Premier Capital Board sees 4 new directors, 4 resignations

AI Summary

Premier Capital Services Ltd's Board of Directors, in a meeting on September 28, 2026, approved significant changes to its composition. The company appointed four new Additional Directors: Mr. Bhupesh Kothari and Mr. Saroj Kumar Choudhury as Non-Executive & Non-Independent Directors, and Mr. Manas Ranjan Palo and Ms. Iranee Tripathy as Independent Directors. The latter two are recommended for a five-year term, subject to shareholder approval. Concurrently, four directors resigned: Mr. Manoj Sumatikumar Kasliwal and Mrs. Sharda Manoj Kasliwal (Non-Executive Directors), and Mr. Aman Sanghvi and Mr. Neeraj Goenka (Independent Directors). These resignations are effective September 28, 2026, and are linked to a Share Purchase Agreement dated February 14, 2025, concerning a change in the company's promoters.

Key Highlights

  • Four new Additional Directors appointed to the Board.
  • Two new Independent Directors recommended for 5-year terms.
  • Four existing directors resigned from the Board.
  • Resignations linked to a change in company promoters.
  • All board changes are effective from September 28, 2026.