SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Premier enters into term sheet for sale of its property

01 Jan 2019 Evaluate

Premier has entered into a term sheet for the sale of its property at Chinchwad, Pune in the state of Maharashtra with Runwal Realty. The proceeds from such sale would be utilized substantially to reduce the company's debts, fund labour, statutory, relocation and other operating dues.

The proposed transaction is subject to definitive documentation, several regulatory, judicial and other approvals as well as certain other conditions. This will entail relocation of the existing operations to a new site at Chakan, for which the company has already initiated various actions.

Premier is engaged in the manufacture of automobiles and machine tools. The company has manufactured the widest range of commercial vehicles, which includes Premier Padmini -- one of the popular cars in India.

Premier Share Price

3.29 0.14 (4.44%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 316.70
Thermax 4141.20
Kirloskar Oil Eng 1616.95
Skipper 433.50
GMM Pfaudler 931.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×