Premier Energies announces board changes, dividend record date set for August 29
Premier Energies has announced key board-level changes following its meeting held on August 12, 2025. The company has appointed Mr. Nishith Hasmukh Mehta as an Additional Non-Executive (Independent) Director for a five-year term, commencing from August 12, 2025, to August 11, 2030, subject to shareholder approval at the upcoming 30th Annual General Meeting (AGM). Mehta, a seasoned compliance and risk management professional, brings over 25 years of experience, having held senior roles at Bank of America Merrill Lynch, HSBC, Kotak Mahindra, and Edelweiss.
The board also noted the resignation of Mr. Jasbir Singh Gujral as Independent Director, effective from the close of business hours on August 12, 2025.
Additionally, M/s P. S. Rao & Associates has been recommended as the Secretarial Auditor for a five-year term starting FY26, subject to shareholder approval.
The company has fixed Friday, August 29, 2025, as the record date for determining members eligible for the dividend for FY25. If approved at the AGM, the dividend will be paid within 30 days of the meeting. The 30th AGM is scheduled for September 12, 2025, via video conferencing, with September 5, 2025, set as the cut-off date for voting eligibility.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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