Premier Synthetics Ltd — Important, 10-04-2026: Company Update

Premier Synthetics Limited confirmed that all proceeds from its Initial Public Offer (IPO) were utilized exactly as planned, with no deviations or variations. The company further noted that its share capital has remained unchanged over the last three financial years. This means no new shares were issued via buybacks, sweat equity, bonus shares, public/right issues, QIPs, debentures, or employee stock option plans. This update provides clarity on fund utilization and confirms a stable capital structure for investors.