PREMIERENE

to hold 45th AGM, proposes ₹300 crore capital raise and dividend

The company is seeking approval for a significant capital raise of up to ₹300 crore, indicating potential growth and expansion plans, and has also recommended a final dividend for FY 2024-25, which is positive for shareholders. Impact Assessment: The proposed capital raise of up to ₹300 crore is a major financial decision that could significantly impact the company's future growth, investment capacity, and capital structure. The dividend declaration also directly impacts shareholder returns.