StockWatch
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Edible Oil
Board Meeting10 Sept 2026, 12:09 pm

Prime Industries Appoints New Auditor and Additional Director

AI Summary

Prime Industries Limited's Board of Directors, in a meeting held on September 8, 2026, approved the appointment of M/s. Akshay Singhla & Associates as Statutory Auditors to fill a casual vacancy. They also approved the appointment of Mr. Sanjeev Malik as an Additional Director (Executive Director), designated as Managing Director, subject to shareholder approval. The board meeting commenced at 3:00 PM and concluded at 3:45 PM. The appointment of the auditor is to fill a vacancy caused by the resignation of M/s. Bhushan Aggarwal & Co. Mr. Malik brings over 30 years of experience in the textile industry.

Key Highlights

  • New statutory auditors appointed to fill casual vacancy.
  • Mr. Sanjeev Malik appointed as Additional Director (Executive).
  • Mr. Malik to be designated as Managing Director, subject to shareholder nod.
  • Appointments approved by the Board of Directors on September 8, 2026.