Corporate Governance6 May 2026, 02:41 pm
Prima Agro Executes Trust Deed for Employee Gratuity
AI Summary
Prima Agro Ltd executed a Trust Deed on May 6, 2026, to establish the "Prima Agro Ltd Employees’ Gratuity Trust." This trust, managed jointly with the ICICI Prudential Group Gratuity Scheme, aims to provide gratuity benefits to eligible employees in accordance with applicable laws. The creation of this trust is in line with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Prima Agro establishes 'Prima Agro Ltd Employees’ Gratuity Trust'.
- Trust aims to provide gratuity benefits to eligible employees.
- ICICI Prudential Group Gratuity Scheme will jointly manage the fund.
- Directors Swati Gupta and Kushagra Gupta are trustees.
- Trust deed does not impact company's management or control.
Price Impact
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