Board Meeting10 Sept 2026, 12:08 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. The board also approved the appointment of Mr. Sanjeev Malik as an Additional Director (Executive Director), designated as Managing Director, subject to shareholder approval. The meeting commenced at 3:00 PM and concluded at 3:45 PM. The appointment of the auditor fills 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. Sanjiv Malik to be designated as Managing Director.
- Appointments are subject to shareholder and regulatory approvals.
- Board meeting duration was 45 minutes.
Price Impact
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