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Premier Capital Services Appoints Four Directors As Six Officials Resign Post Takeover


28 September 2026
Premier Capital Services Ltd.

Board appointed 4 additional directors - Bhupesh Kothari, Saroj Choudhury as non-independent and Manas Palo, Iranee Tripathy as independents - and noted exit of 4 directors plus CEO and CFO. All changes linked to Feb 14, 2025 share purchase pact with acquirers and promoter change; outgoing directors, CEO and CFO resigned per SPA terms, incoming board subject to shareholder nod. Incoming independents proposed for 5-year term to Sep 2031 via special resolution; no replacements named for CEO/CFO; exiting independents confirmed no other reason for exit.


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