Premier Synthetics Limited has submitted a compliance filing to the BSE Limited, Department of Corporate Services. The submission is made pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in reference to SEBI Circular No. CIR/CFD/CMD1/162/2019 dated 24th December, 2019.
The company confirms that for the quarter ended 30th June, 2026, there has been no deviation or variation in the use of proceeds raised from its Initial Public Offer (IPO).
Furthermore, the company confirms that during the last three financial years, there has been no change in its share capital. This is broken down as follows:
- Buy Back of Securities: The company has not bought back any of its securities.
- Sweat Equity Shares: The company has not issued any sweat equity shares.
- Bonus Shares: No bonus shares were issued during the year.
- Public Issue, Right Issue, QIP, Debentures: The company has not issued any public issue, right issue, qualified institutions placement (QIP), or debentures.
- Employees Stock Option Plan: The company has not provided any stock option scheme.
As a result of the above, the requirements of Regulation 32 of the SEBI (LODR) Regulations, 2015, which mandates a statement of deviation or variation for proceeds from public issues, right issues, preferential issues, or QIPs, are stated to be not applicable to the company for this period.
The letter was signed by Vinod Rana, Company Secretary (ICSI Membership No. A47963), on behalf of Premier Synthetics Limited.