Prime Industries Ltd Holds AGM, Approves Auditor Appointment & Share Capital Increase

Prime Industries Limited held its 34th Annual General Meeting (AGM) on October 19, 2026. Key approvals included the appointment of M/s. Akshay Singhla & Associates as statutory auditors for five years, the re-appointment of Mr. Rajinder Kumar Singhania as Director, and the appointment of Mr. Sanjiv Malik as Executive Director and Managing Director for three years. The company also approved the appointment of Mr. Deepak Handa as a Non-Executive Director for two years. Further resolutions passed involved entering into related party transactions for FY 2026-2027, increasing the authorized share capital from ₹35 crore to ₹40 crore, altering the MOA's main object clause, and approving the issuance of up to 27,30,000 equity shares on a preferential basis to non-promoters.