ALPHA TRIBE

Premium Capital Market & Investments LtdImportant, 08-10-2025: Company Update

08-10-2025 | 03:29 pm

Premium Capital Market and Investments Limited is subject to an open offer by Mr. Suman Nandi to acquire up to 17.04 lakh equity shares, representing 26% of the company’s capital. The offer price is ₹6.40 per share, valuing the total acquisition at ₹1.09 Cr if fully accepted. Mr. Nandi currently holds 24.25% and aims to gain majority control and become the promoter, expanding and diversifying the business. This would lead to his overall stake rising to 50.25%. The company's public shareholding would drop below the regulatory minimum, but the acquirer has committed to ensuring future compliance. Independent directors will provide their reasoned opinion on the offer to shareholders. Notably, the company has reported negative net worth and losses in recent financial years.

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