Market
BSE Prices delayed by 5 minutes... << Prices as on Sep 08, 2025 - 3:59PM >>  ABB India  5110 [ -0.27% ] ACC  1842.4 [ 0.78% ] Ambuja Cements  570.25 [ 0.62% ] Asian Paints Ltd.  2529.95 [ -1.90% ] Axis Bank Ltd.  1057.45 [ 0.12% ] Bajaj Auto  9442.65 [ 3.97% ] Bank of Baroda  234.6 [ 0.13% ] Bharti Airtel  1887.1 [ -0.49% ] Bharat Heavy Ele  216.7 [ 2.02% ] Bharat Petroleum  316.3 [ 1.17% ] Britannia Ind.  6113.15 [ 0.57% ] Cipla  1542.85 [ -0.67% ] Coal India  387.1 [ -1.43% ] Colgate Palm.  2390 [ -1.15% ] Dabur India  545.8 [ -0.19% ] DLF Ltd.  757.5 [ 0.22% ] Dr. Reddy's Labs  1250.35 [ -1.43% ] GAIL (India)  172.25 [ -0.98% ] Grasim Inds.  2802.2 [ 0.00% ] HCL Technologies  1402.4 [ -1.21% ] HDFC Bank  965.75 [ 0.30% ] Hero MotoCorp  5430 [ 1.26% ] Hindustan Unilever L  2622.95 [ -0.39% ] Hindalco Indus.  738.5 [ -0.80% ] ICICI Bank  1402.35 [ -0.02% ] Indian Hotels Co  777.95 [ 0.50% ] IndusInd Bank  750.45 [ -0.89% ] Infosys L  1435.95 [ -0.58% ] ITC Ltd.  407.4 [ -0.02% ] Jindal Steel  1038.05 [ 0.36% ] Kotak Mahindra Bank  1950.5 [ 0.33% ] L&T  3517.75 [ -0.99% ] Lupin Ltd.  1945.2 [ 0.03% ] Mahi. & Mahi  3702.6 [ 3.96% ] Maruti Suzuki India  15250 [ 2.32% ] MTNL  44.68 [ -0.91% ] Nestle India  1187.95 [ -1.80% ] NIIT Ltd.  112.7 [ -0.79% ] NMDC Ltd.  74.51 [ 0.01% ] NTPC  326.65 [ -0.62% ] ONGC  232.4 [ -0.75% ] Punj. NationlBak  104.2 [ 0.43% ] Power Grid Corpo  282.8 [ -0.91% ] Reliance Inds.  1378.85 [ 0.33% ] SBI  809 [ 0.25% ] Vedanta  434.4 [ -2.49% ] Shipping Corpn.  207.1 [ -0.96% ] Sun Pharma.  1581.6 [ -0.82% ] Tata Chemicals  943.4 [ 1.00% ] Tata Consumer Produc  1076 [ 0.34% ] Tata Motors  719.35 [ 3.97% ] Tata Steel  168.85 [ 0.72% ] Tata Power Co.  383.35 [ -0.61% ] Tata Consultancy  3019.3 [ -0.96% ] Tech Mahindra  1461 [ -1.13% ] UltraTech Cement  12679.95 [ 0.66% ] United Spirits  1295.9 [ -1.31% ] Wipro  242.55 [ -0.51% ] Zee Entertainment En  116.05 [ 0.09% ] 
Premier Roadlines Ltd. Directors Report
Search Company 
You can view full text of the latest Director's Report for the company.
Market Cap. (Rs.) 190.45 Cr. P/BV 2.14 Book Value (Rs.) 38.98
52 Week High/Low (Rs.) 141/78 FV/ML 10/1000 P/E(X) 12.10
Bookclosure 18/09/2024 EPS (Rs.) 6.88 Div Yield (%) 0.00
Year End :2025-03 

The Board of Directors takes pleasure in presenting the 18th (Eighteenth) Annual Report on the business and operations
of the Premier Roadlines Limited (‘the Company' or ‘PRL') along with the Company's Annual Audited Standalone and
Consolidated Financial Statements and Statutory Auditor's Report thereon for the Financial Year ended on March 31, 2025.

1. COMPANY’S PERFORMANCE

The Company's financial highlights, for the year under review along with previous year's figures, are given
hereunder:

(Amount in ' Lacs, unless otherwise stated)

PARTICULARS

STANDALONE

CONSOLIDATED

As on 31st March,
2025

As on 31st March,
2024

As on 31st March,
2025

As on 31st March,
2024

Revenue from Business Operations

28825.58

22854.31

28889.47

-

Other Income

22.53

3.56

22.99

-

Total Revenue

28848.12

22857.87

28912.47

-

Profit before tax

2111.05

1693.86

2117.31

-

Less: Tax Expense

542.47

431.44

543.36

-

Profit after Tax

1568.58

1262.42

1573.94

-

Share of profit/ (loss) in associate

-

-

-

-

Net profit after Tax

1568.58

1262.42

1573.94

-

Other Comprehensive Income/Loss

-

-

-

-

Total comprehensive Income/Loss

1568.58

1262.42

1573.94

-

Your Company's total revenue on a standalone basis
has increased from ' 22854.31 Lacs in the previous
year to ' 28825.58 Lacs in the current year. Out of the
total revenue, the major portion of the revenue came
from Domestic Transport Operations which stood at
about 99.3% of the total revenue. The net profit on a
standalone basis amounted to ' 1568.58 Lacs in the
current year.

On consolidated basis, the total revenue is Rs. 28889.47
Lacs in the current year. The consolidated Net Profit
amounted to Rs. 1573.94 Lacs in the current year.

2. STATE OF COMPANY’S AFFAIRS AND FUTURE
OUTLOOK

About Us:

Premier Roadlines Limited (PRL), established in 2008,
is an IBA-approved and ISO-certified surface logistics
company with deep specialization in transporting
Over-Dimensional Cargo (ODC), particularly for the
power, transformer, and energy sectors. Backed
by over four decades of industry experience, the
Company provides customized transportation
solutions for cargo ranging from
1 MT to 250 MT,
including transformers, turbines, generators, and
other critical project equipment.

PRL operates through a PAN India network of
28 strategically located branches and offers a wide
range of logistics services:

• Project Logistics

• Over-Dimensional/Overweight Cargo

• Contracted Integrated Logistics

• General Freight Transportation

The Company combines its own fleet of trailers, pullers,
trucks, and hydraulic axles with a strong network of
third-party operators to deliver nationwide service
across sectors such as
power transmission, energy,
renewables, defense, hydro, and EPC
. In FY 2024-25,
PRL executed
35,739 orders for 695 clients, deploying
over
23,000 vehicles, including deliveries to difficult
terrain and remote project sites.

Premier Roadlines has become a preferred logistics
partner for many transformer manufacturers and EPC
firms in India. Key clients include
KEC International,
Megha Engineering, L&T, and Tata Power
, who rely
on PRL for time-sensitive, heavy-load transportation
and end-to-end project movement.

Market Outlook:

India is entering a high-investment phase in power
infrastructure and transformer manufacturing
,

supported by government initiatives such as PM Gati
Shakti
, the National Logistics Policy, and expanding
Green Energy Corridors. With transmission capacity
expansion and the shift toward renewable energy
integration, the movement of large transformers,
HVDC units, switchgear, and substations is expected
to rise sharply.

According to industry estimates, India's transformer
market is expected to grow at a
CAGR of 8.5% from
FY25 to FY32
, driven by rising electricity demand,
grid modernization, and energy transition. These
developments present a strong opportunity for
logistics providers with the capability to manage ODC,
last-mile delivery, and site-specific unloading for large,
high-value power equipment.

Government spending remains a key driver — with
' 11.21 lakh crore allocated for infrastructure
development in Union Budget 2025-26
and a

record ' 2.5 lakh crore spent on national highways
in FY25 alone. Better roads, multimodal corridors,
and digital logistics tools are expected to further
improve efficiency and expand addressable markets
for specialized logistics.

Business Outlook:

In FY 2025-26, PRL aims to deepen its engagement
in the
power transmission and transformer sectors,
where the need for specialized logistics is rising. The
Company will continue to focus on:

• Strengthening its position as a preferred
transporter for large power equipment

• Supporting EPC clients with end-to-end
movement
of transformers, switchyards, and civil
infrastructure material.

• Handling complex routes through engineering-
led planning and real-time execution

To support this vision, PRL has expanded its specialized
fleet by adding
7 pullers and 74 hydraulic axles,

enabling it to take on high-capacity jobs without
reliance on outsourced assets. These additions were
funded through a mix of IPO proceeds, internal
accruals, and bank finance.

PRL is also investing in ERP systems, automated
permit workflows
and GPS tracking, which allow
project teams and clients to monitor vehicle location,
cargo status, and transit timelines in real time.

Through its wholly owned subsidiary, Premier
Worldwide Logistics Pvt. Ltd. (Formerly known as
PRL Supply Chain Solutions Pvt. Ltd.)
, the Company
is expanding into
global freight, warehousing and
integrated 3PL services
, offering comprehensive
supply chain solutions for large manufacturers and
project owners.

Future Outlook:

Premier Roadlines is well-positioned to capitalize on
the increasing demand for
specialized logistics in the
power, transformer, and energy sectors
, supported
by its fleet readiness, regulatory expertise, and client
relationships.

With rising transformer production, energy transition
goals, and robust government capex, the Company
expects continued order flow from existing clients
and new opportunities from public and private sector
power infrastructure projects.

The Company's strategic focus on asset optimization,
digital enablement
and sector-specific execution

ensures that it will continue delivering safe, reliable,
and timely logistics solutions across India.

3. CHANGE IN THE NATURE OF BUSINESS, IF
ANY

There was no change in the nature of business of the
Company during the year under review.

4. DIVIDEND

No dividend was declared for the financial year ended
on 31st March, 2025.

5. SHARE CAPITAL

During the Financial Year under review:

a. The Authorized Equity Share Capital of the
Company as on 31st March, 2025 is ' 25,00,00,000/-
divided into 2,50,00,000 Equity Shares of ' 10/-
each.

b. The Paid up Share Capital of the Company as on
31st March, 2025 is
' 22,86,25,470/- divided into
2,28,62,547 Equity Shares of ' 10/- each.

Details of Changes in Paid-up Share Capital:

The Board of Directors, in their meeting held on May
15, 2024, approved the allotment of 60,24,000 Equity
Shares of
' 10 each at an issue price of ' 67 per share
(including a premium of
' 57 per share) under the
Initial Public Offer that opened on May 10, 2024 and
closed on May 14, 2024.

6. TRANSFER TO RESERVES

The Directors do not propose to transfer any amount
to reserves. The amount of the Net Profit of
' 1568.58
Lacs carried to the Reserves and Surplus as shown in
notes to the financial statements for the year ended
on March 31, 2025.

7. SUBSIDIARIES, JOINT VENTURES AND
ASSOCIATE COMPANIES

During the Financial Year under review, the Company
acquired a 100% stake in Premier Worldwide Logistics
Private Limited on November 12, 2024, thereby making

it a wholly-owned subsidiary. As on March 31, 2025,
the Company does not have any Joint Venture and
Associate Company.

A brief profile of Premier Worldwide Logistics Private
Limited is given hereunder:

Premier Worldwide Logistics Private Limited

(Formerly known as PRL Supply Chain Solutions
Private Limited) was incorporated under the
provisions of Companies Act, 2013 on October 05, 2017.
Premier Worldwide is engaged in the business of fleet
carriers, operators and transporter contractors.

The financial performance of the subsidiary has been
duly reviewed and consolidated with the Company as
per applicable accounting standards.

Pursuant to Section 129(3) of the Act read with Rule 5
of the Companies (Accounts) Rules, 2014, a statement
containing the salient features of the Financial
Statements of the Company's Subsidiary in
Form
AOC-1
is attached to this report as Annexure-I.

8. DIRECTORS AND KEY MANAGERIAL
PERSONNEL

a) Change in Directors and Key Managerial
Personnel during the Financial Year 2024-25:

During the Financial Year 2024-25, there were
some changes in the composition of the Board
of Directors and Key Managerial Personnel of the
Company. Key highlights of which are as follows:

• Mr. Naveen Bansal has resigned as a Non¬
Executive Director of the Company with
effect from July 03, 2024.

• Mr. Amit Kumar has been appointed as an
Additional Non-Executive Director of the
Company with effect from August 01, 2024 by
the Board and Regularize as Non-Executive
Director of the Company with effect from
September 18, 2024 by shareholders of the
Company.

As on 31st March, 2025, Pursuant to the provisions
of Section 203 of the Companies Act, 2013,
following are the Key Managerial Personnel's of
the Company:

• Mr. Virender Gupta, Chairman & Managing
Director

• Mrs. Rakhi Gupta, Whole Time Director

• Mr. Samin Gupta, Whole Time Director & CFO

• Mr. Gaurav Chakarvati, Company Secretary &
Compliance Officer

b) Change in Directors and Key Managerial
Personnel from the end of the Financial Year till
the date of this report:

• Mr. Amit Kumar has resigned as a Non¬
Executive Director of the Company with
effect from May 13, 2025.

• Mrs. Dipti Gupta, has been appointed as
an Additional Non-Executive Independent
Director of the Company with effect from May
21, 2025.

• Mr. Sunil Gupta has resigned as a Non¬
Executive Independent Director of the
Company with effect from June 03, 2025.

c) Retirement by Rotation at the ensuing AGM:

Mrs. Rakhi Gupta has been longest in office,
retires by rotation at the forthcoming AGM, and
being eligible offers herself for re-appointment.
Resolution seeking members' approval to
the appointment Mrs. Rakhi Gupta has been
incorporated in the notice convening the 18th
AGM of the Company.

The Board shall take note of the same and
recommend her re-appointment.

d) Disclosure of Interest in other concerns:

The Company has received the Annual
Disclosure(s) from all the Directors, disclosing
their Directorship/Interest in other concerns in
the prescribed format, for the Financial Years
2024-25. The Company has received confirmation
from all the Directors that none of the Directors
were disqualified to act as a Director by virtue of
the provisions of Section 164(1) and 164(2) of the
Act.

e) Declaration by Independent Directors

Your Company has received declarations from
all the Independent Directors of the Company
confirming that they meet the criteria of
independence prescribed under sub-section (6)
of Section 149 of the Companies Act, 2013.

In the opinion of the Board, Ms. Megha Agarwal
and Mrs. Dipti Gupta, Independent Directors
of the Company possesses requisite expertise,
proficiency, integrity and experience and
the Board considers that their professional
background, experience and contributions made
during their tenure in the Company and the
continued association with the Company would
be beneficial to the Company.

f) Annual Performance Evaluation

The Nomination and Remuneration Committee
(“NRC Committee”) and the Board has adopted
a methodology for carrying out the performance
evaluation of the Board, Committees, Independent
Directors and Non- Independent Directors of the
Company, which includes the criteria, manner
and process for carrying out the performance
evaluation exercise. Criteria in this respect
includes; the Board composition and structure,
effectiveness of board processes, information
and functioning, contribution of the individual

director to the Board and Committee Meetings
like preparedness on the issues to be discussed,
meaningful and constructive contribution and
inputs in meetings, etc.

Evaluation of the Performances of the Board and
its Committees for the Financial Year 2024-25 has
been completed as per the adopted methodology.

9. POLICY ON DIRECTORS APPOINTMENT AND
REMUNERATION

The broad terms of reference of the Nomination and
Remuneration Committee (“NRC”) of the Company
are as under:

a. To identify suitable persons and recommend
them as suitable candidates to fill up vacancies
on the Board or augment the Board and Senior
Management.

b. To lay down criteria for the evaluation of the Board
including Independent Directors and carrying out
evaluation of every Director's performance.

c. To formulate a criterion for determining
qualifications, positive attributes and
independence of a director and recommending
to the Board, appointment, remuneration and
removal of directors and senior management.

d. Ensuring remuneration paid to Directors, Key
Managerial Personnel and Senior Management
involves a balance between fixed and incentive
pay reflecting short and long-term performance
objectives appropriate to the working of the
Company and its goals.

e. Devising a policy on Board diversity.

f. To do such act as specifically prescribed by Board
and

g. Carry out such other activities as maybe prescribed
by the Companies Act 2013, read with Rules and
regulations as maybe specified by the regulator
from time to time, including any modification or
amendment thereto.

The Company has adopted a Nomination and
Remuneration Policy as recommended by “NRC”
and the objective of Nomination and Remuneration
Policy is to ensure rationale and objectivity in the
appointment and remuneration of the Directors,

Senior Management Personnel and employees of
the Company. The Policy also provides bringing in a
pragmatic methodology in screening of candidates
who may be recommended to the position of
Directors and to establish effective evaluation criteria
to evaluate the performance of every Director.

The Policy also serves as a guiding principle to
ensure good Corporate Governance as well as to
provide sustainability to the Board of Directors of the
Company. The remuneration paid to the Directors of
the Company is in accordance with the provisions of
Companies Act, 2013 and the Remuneration Policy
adopted by the Company.

The Nomination and Remuneration policy is available
on the website of the Company at www.prlindia.com.

The NRC evaluated the performance of the Board,
its committees and of individual directors during the
year.

10. SECRETARIAL STANDARDS

Your Company has complied with all the Secretarial
Standards applicable on the Company.

11. NUMBER OF MEETINGS OF THE BOARD AND
COMMITTEE THEREOF

(a) Board of Directors

Composition, Meetings and Attendance during
the Financial Year

The Composition of the Board of Directors of the
Company as on 31.03.2025 are as follows:

S. No.

Name

Designation

1.

Mr. Virender
Gupta

Chairman & Managing
Director

2.

Mrs. Rakhi Gupta

Whole Time Director

3.

Mr. Samin Gupta

Whole Time Director & CFO

4.

Mr. Amit Kumar

Non-Executive Director

5.

Mrs. Megha
Agarwal

Independent Director

6.

Mr. Sunil Gupta

Independent Director

During the Financial Year 2024-25, the Board met
09 (Nine) times and the intervening gap between
any two meetings was within the allowed gap
pursuant to the Companies Act, 2013.

Attendance of each Director at the meeting of the Board of Directors held during the Financial Year 2024-25 is
given herein below:

S.

No.

Date of
Board
Meetings

Mr. Virendra
Gupta

Mrs. Rakhi
Gupta

Mr. Samin
Gupta

Mr. Sunil
Gupta

Mr. Amit
Kumar

Ms. Megha
Aggarwal

Mr. Naveen
Bansal *

1.

01.04.2024

?

?

?

?

?

?

2.

03.05.2024

?

?

?

?

?

?

3.

09.05.2024

?

?

?

?

?

?

4.

15.05.2024

?

?

?

?

?

?

5.

07.06.2024

?

?

?

?

?

?

6.

01.08.2024

?

?

?

?

?

-

7.

24.09.2024

?

?

-

8.

12.11.2024

?

?

?

?

?

?

-

9.

24.01.2025

?

?

-

*Mr. Naveen Bansal has been resigned as an Additional Non-Executive Non-Independent Director of the Company with effect
from July 03, 2024.

(b) Audit Committee

Composition, Meetings and Attendance during the Financial Year

The Board has constituted an Audit Committee in compliance with the provisions of Section 177 of Companies
Act, 2013. As on March 31, 2025, the Audit Committee comprised of 3 (three) members with 2 (two) Independent
Directors. The Chairman of the Audit Committee is Non-Executive Independent Director.

S. No.

Name

Position

1.

Mr. Sunil Gupta

Chairman

2.

Mrs. Megha Agarwal

Member

3.

Mr. Samin Gupta

Member

During the Financial Year under review, 3 (Three) meetings of the Audit Committee were held and the maximum
interval between any two meetings was within the maximum allowed gap pursuant to the Companies Act, 2013.
The details of the Audit Committee meetings held during 2024-25 are given as under:

S. No.

Name of Members

07.06.2024

01.08.2024

12.11.2024

1.

Mr. Sunil Gupta

?

?

?

2.

Mr. Samin Gupta

?

?

?

3.

Ms. Megha Aggarwal

?

?

?

(c) Nomination and Remuneration Committee

Composition, Meetings and Attendance during
the Financial Year

The Board has constituted a Nomination and
Remuneration Committee (hereinafter referred to
as the “NRC Committee”) in compliance with the
provisions of Section 178 of the Companies Act,
2013. As on March 31, 2025, the NRC Committee
comprised of 3 (Three) members all being Non¬
Executive Directors, with majority of them being
Independent Directors. The Chairman of the
NRC Committee is a Non-Executive Independent
Director.

S. No.

Name

Position

1.

Mr. Sunil Gupta

Chairman

2.

Mrs. Megha Agarwal

Member

3.

Mr. Amit Kumar

Member

During the Financial Year under review, 1 (One)
meeting of the NRC Committee was held. The
details of the composition of the NRC Committee
and of its meetings held during the Financial Year
2024-25 are as under:

(d) Corporate Social Responsibility Committee

Composition, Meetings and Attendance during
the Financial Year

The Board has constituted a Corporate Social
Responsibility Committee (“CSR Committee”)
pursuant to Section 135 of the Companies Act,
2013 to assist the Board in setting the Company's
Corporate Social Responsibility Policy and

S. No.

Name of Members

01.08.2024

1.

Mr. Sunil Gupta

?

2.

Mrs. Megha Agarwal

?

3.

Mr. Amit Kumar

-

assessing its Corporate Social Responsibility
performance.

As on March 31, 2025, the CSR Committee
comprised of 3 (Three) members:

S. No.

Name

Position

1.

Mr. Virender Gupta

Chairman

2.

Mrs. Rakhi Gupta

Member

3.

Mr. Sunil Gupta

Member

During the Financial Year under review, 2 (Two)
meetings of the CSR Committee were held. The
details of the composition of the CSR Committee
and of its meetings held during the Financial Year
2024-25 are as under:

S. No.

Name of Members

07.06.2024

12.11.2024

1.

Mr. Virender Gupta

?

?

2.

Mrs. Rakhi Gupta

?

?

3.

Mr. Sunil Gupta

?

?

12. INTERNAL FINANCIAL CONTROLS AND ITS
ADEQUACY WITH RESPECT TO THE FINANCIAL
STATEMENT

Internal Financial Controls are an integrated part of
the risk management process, addressing financial
and financial reporting risks. The internal financial
controls have been documented, digitized and
embedded in the business processes. Assurance
on the effectiveness of internal financial controls is
obtained through management reviews, control, self¬
assessment, continuous monitoring by functional
experts as well as testing of the internal financial
control systems by the internal financial control team.

13. WHISTLE BLOWER / VIGIL MECHANISM
POLICY

As Per Section 177(9) of the Companies Act, 2013 the
company has constituted the Whistle Blower/Vigil
Mechanism Policy which aims to provide inter-alia
a mechanism for Directors and Employees of the
Company to report any violations of legal or regulatory
requirements, incorrect or misrepresentation of
any financial statements and reports, unethical
behavior, violation of Code of Conduct, etc., calling
the attention of the Audit Committee. Your Company
has also provided adequate safeguards against
victimization of whistleblowers who may express their
concerns against such wrongdoings occurring in the
organization. As per policy, the Company has also
provided direct access to the Chairman of the Audit
Committee.

14. AUDITORS

(a) STATUTORY AUDITORS

Your Company at its 17th Annual General Meeting
(AGM) held on September 18, 2024 had appointed
M/s Sarvam & Associates, Chartered Accountants

(FRN: 007146N) as Statutory Auditors of the
Company to hold office till the conclusion of AGM
of the Company to be held in the year 2029.

Statutory Auditor’s Report

There is no qualification, reservation, adverse
remark or disclaimer made by the Auditors in
its Report for the Financial Year 2024-25 and
no instance of fraud has been reported by the
Statutory Auditors under Section 143(12) of the
Companies Act, 2013.

(b) SECRETARIAL AUDITORS

The Board had appointed M/s SJ Kumar &
Associates, Practicing Company Secretaries
(CP No.: 24195) as the Secretarial Auditors of
the Company to conduct the Secretarial Audit
of the Company for the Financial Year 2024-25
pursuant to the provisions of Section 204 of the
Companies Act, 2013 and rules made thereunder
and Regulation 24A of SEBI (LODR) Regulations,
2015.

Secretarial Auditor’s Report

The Secretarial Audit Report for the Financial Year
2024-25 issued by the Secretarial Auditor does not
contain any qualification, observation or adverse
remark which require any explanation from the
Board. The same is annexed as
Annexure-II.

15. RISK MANAGEMENT

The Board is continually applying various risk
identification methods for identifying elements of
risks in different functional areas of the Company. The
Board aims at developing a framework that enables
activities to take place in a consistent and controlled
manner. Major risks confronted by the management
are systematically addressed through mitigating
actions on a continuing basis.

16. PARTICULARS OF LOANS, GUARANTEES OR
INVESTMENTS

The details of Loans, Guarantees and Investments
as per Section 186 of the Companies Act, 2013 are
provided in notes to the financial statements for the
year ended on March 31, 2025.

17. PARTICULARS OF CONTRACTS OR
ARRANGEMENTS MADE WITH RELATED
PARTIES

All contracts/arrangements/transactions entered by
the Company during the Financial Year with related
parties were in its ordinary course of business and on
an arm's length basis. During the year, the Company
had not entered into any contract/arrangement/
transaction with related parties which could be
considered as material or which is required to be
reported in Form AOC-2 in terms of Section 134(3)
(h) read with Section 188 of the Act and Rule 8(2) of

the Companies (Accounts) Rules, 2014. There were
no materially significant related party transactions
which could have potential conflict with interest of the
Company at large. Members may refer notes to the
Standalone and Consolidated Financial Statements
which sets out the related party disclosures.

18. CORPORATE SOCIAL RESPONSIBILITY

The brief outline of the Corporate Social Responsibility
(CSR) Policy of the Company and the initiatives
undertaken by the Company on CSR activities during
the year are set out in
Annexure-III of this report in
the format prescribed in the Companies (Corporate
Social Responsibility Policy) Rules, 2014. The CSR
policy is available on the website of the Company at
www.prlindia.com.

19. ANNUAL RETURN

Pursuant to Section 92(3) of the Act and Rule 12 of
the Companies (Management and Administration)
Rules, 2014, the Annual Return of the Company as on
Financial Year ended March 31, 2025 will be available
on the Company's website after conclusion of AGM
and can be accessed at www.prlindia.com.

20. CONSERVATION OF ENERGY, TECHNOLOGY
ABSORPTION, FOREIGN EXCHANGE EARNINGS
AND OUTGO

A. Conservation of Energy:

i) Steps taken or impact on conservation of
energy:
NA

ii) The steps taken by the Company for utilizing
alternate sources of energy:
NA

iii) Capital Investment on energy conservation
equipment’s:
NA

B. Technology Absorption:

a) Efforts made towards technology absorption:

The Company does not need any specific in-house
R & D efforts.

b) The benefits derived include product
improvement, cost reduction, product
development or import substitution:
Improved
technology helps in reduction in cost without
compromising the quality.

c) Information regarding imported technology
(imported during last three years):
NA

d) Expenditure on Research and Development
(current year & last year):
NIL

C. Foreign Exchange Earnings and Outgo:

The foreign exchange earnings and the foreign
exchange outgo during the year is as under:

Particulars

As on

As on

31st March,

31st March,

2025

2024

Foreign Exchange

-

57.61

Earnings

Foreign Exchange

-

-

Outgo

21. PARTICULARS OF EMPLOYEES

The provisions of Section 197(12) of the Companies
Act, 2013 read with Rule 5(1) of the Companies
(Appointment and Remuneration of Managerial
Personnel) Rules, 2014 are not applicable to your
company.

There were no employees drawing remuneration
more than as stated under Rule 5(2) and Rule 5(3) of
the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014.

22. MATERIAL CHANGES AND COMMITMENT IF
ANY AFFECTING THE FINANCIAL POSITION
BETWEEN THE END OF THE FINANCIAL YEAR
AND THE DATE OF THE REPORT

• During the Financial Year under review, the
Company acquired a 100% stake in Premier
Worldwide Logistics Private Limited on November
12, 2024, thereby making it a wholly-owned
subsidiary.

• Further, Pursuant to Regulation 32(1) of the SEBI
(Listing Obligations and Disclosure Requirements)
Regulations, 2015, there was no deviation/variation
in the utilization of proceeds as mentioned in the
objects stated in the Prospectus in respect of the
IPO of the Company.

23. DISCLOSURE UNDER SEXUAL HARASSMENT
OF WOMEN AT WORKPLACE (PREVENTION,
PROHIBITION AND REDRESSAL) ACT 2013

The Company has constituted an Internal Complaints
Committee and has complied with the provisions
in this respect as are applicable under the Sexual
Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act 2013. There was no
complaint received from any employee during the
year nor any complaint pending or outstanding for
redressal as on March 31, 2025. The Company conducts
awareness programs at regular intervals, and provides
necessary updates / guidance through its website and
through other employee communication channels.

24. DISCLOSURES

Your Directors make the following disclosures during
the year under review:

a) No Bonus Shares were declared for the current
financial year.

b) Your Company was not required to transfer any
amount to the Investor Education and Protection
Fund (IEPF).

c) Your Company has not issued any Equity shares
with Differential rights during the Year under
review.

d) Your Company has not issued any Employees
Stock options/ Sweat Equity Shares.

e) Your Company has not redeemed any Preference
Shares or Debentures during the Year under
review.

f) Your Company has not accepted any Public
Deposits.

g) Your Company has not bought back any of its
securities during the year under review.

h) No significant and material orders have been
passed by any regulators or courts or tribunals
against the Company impacting the going
concern status and Company's operations in
future.

i) The maintenance of cost records as specified by
the Central Government under sub-section (1)
of Section 148 of the Companies Act, 2013, is not
applicable on the Company.

j) The Company did not make any application under
the Insolvency and Bankruptcy Code, 2016, and
hence no proceeding is pending under the Code.

k) The requirement of stating the difference
between the amount of valuation done at the time
of one-time settlement and the valuation done
while taking loan from the Banks or Financial
Institutions does not arise, and the same is not
applicable on the Company.

l) The Managing Director did not receive any
remuneration or commission from its Group
Companies.

25. DIRECTORS’ RESPONSIBILITY STATEMENT

The Board ofDirectors acknowledges the responsibility

for ensuring compliance with the provisions of Section

134(3) read with Section 134(5) of the Companies Act,

2013 in the preparation of the annual accounts for the
year ended 31st March, 2025 and state that:

a) The preparation of the Annual Accounts for
the Financial Year ended on 31st March, 2025,
the applicable accounting standards had been
followed along with proper explanation relating
to material departures;

b) The Directors had selected such Accounting
Policies and applied them consistently and made
judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the
state of affairs of the Company at the end of the
Financial Year and of the profit of the Company for
that period;

c) The Directors had taken proper and sufficient
care for the maintenance of adequate accounting
records in accordance with the provisions of this
Act for safeguarding the assets of the Company
and for preventing and detecting fraud and other
irregularities;

d) The Directors had prepared the annual accounts
on a going concern basis;

e) The directors had devised proper systems to
ensure compliance with the provisions of all
applicable laws and that such systems were
adequate and operating effectively.

f) The Directors, in the case of listed company, had
laid down internal financial controls to be followed
by the Company and that such internal financial
controls are adequate and were operating
effectively-NA

26. ACKNOWLEDGEMENT

Your Directors extend sincere gratitude to the
customers, vendors, investors, bankers, business
associates, consultants and various Government
Authorities who have contributed to the continuous
growth and performance of the Company. The success
of your Company would be incomplete without the
commendable efforts put in by the past and present
employees of the Company. It is because of their hard
work, persistence, solidarity, cooperation and support,
the Company has been able to create a niche for itself.

For and on behalf of Board of Premier Roadlines Limited

Sd/- Sd/-

Virender Gupta Rakhi Gupta

Chairman & Managing Director Whole Time Director

DIN: 01686194 DIN: 01686234

Add. D-75, Sec-30, Noida, 201301 Add. D-75, Sec-30, Noida-201301

Date: 09.07.2025
Place: Delhi


 
KYC IS ONE TIME EXERCISE WHILE DEALING IN SECURITIES MARKETS - ONCE KYC IS DONE THROUGH A SEBI REGISTERED INTERMEDIARY (BROKER, DP, MUTUAL FUND ETC.), YOU NEED NOT UNDERGO THE SAME PROCESS AGAIN WHEN YOU APPROACH ANOTHER INTERMEDIARY. | PREVENT UNAUTHORISED TRANSACTIONS IN YOUR ACCOUNT --> UPDATE YOUR MOBILE NUMBERS/EMAIL IDS WITH YOUR STOCK BROKER/DEPOSITORY PARTICIPANT. RECEIVE INFORMATION/ALERT OF YOUR TRANSACTIONS DIRECTLY FROM EXCHANGE/NSDL ON YOUR MOBILE/EMAIL AT THE END OF THE DAY .......... ISSUED IN THE INTEREST OF INVESTORS
Disclaimer Clause | Privacy | Terms of Use | Rules and regulations | Feedback| IG Redressal Mechanism | Investor Charter | Client Bank Accounts
Right and Obligation, RDD, Guidance Note in Vernacular Language
Attention Investors : "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
  "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
  "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participants. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day.Issued in the interest of Investors."
Regd. Office: 76-77, Scindia House, 1st Floor, Janpath, Connaught Place, New Delhi – 110001
NSE CASH , NSE F&O,NSE CDS| BSE CASH ,BSE CDS |DP NSDL | MCX-SX SEBI NO: INZ000155732

Compliance Officer: Mukesh Rustagi, Company Secretary, Tel: 011-46890000, Email: mukesh_rustagi80@hotmail.com
For grievances please e-mail at: kkslig@hotmail.com

Important Links : NSE | BSE | SEBI | NSDL | Speed-e | CDSL | SCORES | NSDL E-voting | CDSL E-voting
 
Charts are powered by TradingView.
Copyrights @ 2014 © KK Securities Limited. All Right Reserved
Designed, developed and content provided by