PRIME INDUSTRIES LTD.

Prime Industries Ltd's Board of Directors, in a meeting on September 20, 2026, approved several key proposals. The board sanctioned an increase in the company's Authorized Share Capital from ₹35 crore to ₹40 crore, comprising 8 crore equity shares of ₹5 each, subject to shareholder approval at the upcoming AGM. A significant decision was the approval for a preferential issue of up to 27.30 lakh equity shares to the non-promoter category at a price of ₹42 per share, also contingent on shareholder and regulatory approvals. Additionally, the board appointed Mr. Deepak Handa as an Additional Director (Non-Executive), CS Diksha Tiwari as Company Secretary and Compliance Officer, and M/s. Modi Harsh & Co. as Internal Auditor for FY2026-27. The board also approved the Annual Report for FY2026 and the notice for the 34th Annual General Meeting.

Prime Industries Ltd's board of directors, in a meeting on September 20, 2026, approved several key proposals. These include increasing the authorized share capital from ₹35 crore to ₹40 crore and a preferential issue of up to 27.3 lakh equity shares to non-promoters at ₹42 per share. Both capital changes are subject to shareholder approval at the upcoming Annual General Meeting (AGM). Additionally, the board approved the alteration of the company's Memorandum of Association, appointed Mr. Deepak Handa as Additional Director, CS Diksha Tiwari as Company Secretary and Compliance Officer, and M/s. Modi Harsh & Co. as Internal Auditor. The board also approved the Annual Report for FY2026 and the notice for the 34th AGM.

Prime Industries Ltd. has announced the appointment of Mr. Deepak Handa as a Director to its Board. This strategic move aims to bolster the company's capabilities in precision engineering, advanced manufacturing, and technology-driven industrial applications, particularly for Defence, Nuclear, and Special Purpose Divisions. Mr. Handa brings over 25 years of extensive experience in automotive manufacturing, operations, and business development, having held leadership roles at companies like Omega Bright Steel and Sawraj (PTL). His expertise includes precision manufacturing, quality management systems (IATF 16949, ISO 9001, ISO 14001), and international operational practices. His appointment is expected to drive excellence in manufacturing, strengthen R&D, and support the company's vision for indigenous industrial technologies.

Prime Industries Ltd. has successfully completed a ₹11.86 crore fundraise via a preferential issue. Dr. Uday Narang has joined as a strategic investor, acquiring a 10% stake in the company. Dr. Narang, known for his expertise in precision engineering and manufacturing, particularly in defence and aerospace sectors through his associations with OBSC Perfection and Omega Seiki Mobility, will bring valuable experience to Prime Industries' focus on specialised engineering and high-value industrial opportunities. Prime Industries is actively expanding its presence in advanced manufacturing and technology-led businesses through its equity stakes in Kay Bouvet Engineering Limited, which specializes in heavy engineering for defence, nuclear, and space sectors, and Linga Agri Trading and Machinery Private Limited, focusing on agricultural mechanisation and industrial applications. This strategic investment is expected to bolster Prime Industries' industrial ambitions and contribute to India's industrial growth.

Prime Industries Ltd's Board of Directors, in a meeting held on September 20, 2026, approved several key proposals. These include an increase in the Authorised Share Capital from ₹35,00,00,000 to ₹40,00,00,000, and a preferential issue of up to 27,30,000 equity shares to non-promoters at ₹42 per share. Both capital increase and preferential issue are subject to shareholder and regulatory approvals. The board also approved the appointment of Mr. Deepak Handa as Additional Director (Non-Executive) and CS Diksha Tiwari as Company Secretary and Compliance Officer. M/s. Modi Harsh & Co. was appointed as the Internal Auditor for FY2026-27. Additionally, the board approved the alteration of the Memorandum of Association's object clause, the Annual Report for FY2026, and the notice for the 34th Annual General Meeting, setting cut-off dates for dispatch and e-voting.

Prime Industries Ltd's board of directors, in a meeting held on September 20, 2026, approved several key proposals. These include increasing the Authorized Share Capital from ₹35 crore to ₹40 crore and a preferential issue of up to 27.30 lakh equity shares to the non-promoter category at ₹42 per share, both subject to shareholder approval. The board also approved the appointment of Mr. Deepak Handa as Additional Director (Non-Executive) and CS Diksha Tiwari as Company Secretary and Compliance Officer. Furthermore, M/s. Modi Harsh & Co. was appointed as the Internal Auditor for FY2026-27, and an alteration to the object clause of the Memorandum of Association was approved. The Annual Report for FY2026 and the notice for the 34th Annual General Meeting were also approved.

Prime Industries Ltd's board of directors, in a meeting held on September 20, 2026, approved several key proposals. These include an increase in the authorized share capital from ₹35,00,00,000/- to ₹40,00,00,000/-, subject to shareholder approval. The board also approved a preferential issue of up to 27,30,000 equity shares to the non-promoter category at ₹42/- per share, totaling ₹11.466 Cr, also subject to shareholder and regulatory approvals. Additionally, the board approved the appointment of Mr. Deepak Handa as Additional Director (Non-Executive), CS Diksha Tiwari as Company Secretary and Compliance Officer, and M/s. Modi Harsh & Co. as Internal Auditor for FY2026-27. Other approvals include alteration of the Memorandum of Association's object clause, approval of the Annual Report and Directors' Report for FY2026, and the notice for the 34th Annual General Meeting.

Prime Industries Ltd's Board of Directors, in a meeting held on September 20, 2026, approved several key proposals. These include an increase in the company's Authorised Share Capital from ₹35 crore to ₹40 crore, subject to shareholder approval. The board also approved a preferential issue of up to 27.30 lakh equity shares to the Non-Promoter category at ₹42 per share, totaling approximately ₹11.47 crore, also subject to shareholder and regulatory approvals. Additionally, the board approved the appointment of Mr. Deepak Handa as Additional Non-Executive Director, CS Diksha Tiwari as Company Secretary and Compliance Officer, and M/s. Modi Harsh & Co. as Internal Auditor for FY2026-27. Other approvals included alteration of the Memorandum of Association's object clause, the Annual Report for FY2026, and the notice for the 34th Annual General Meeting.

Prime Industries Ltd's Board of Directors, in a meeting held on September 20, 2026, approved several key proposals. These include increasing the authorized share capital from ₹35 crore to ₹40 crore and a preferential issue of up to 27.3 lakh equity shares to non-promoters at ₹42 per share, both subject to shareholder approval. The Board also approved the appointment of Mr. Deepak Handa as Additional Director (Non-Executive), CS Diksha Tiwari as Company Secretary and Compliance Officer, and M/s. Modi Harsh & Co. as Internal Auditor for FY 2026-27. Additionally, alterations to the Memorandum of Association's object clause were approved, along with the Annual Report for FY 2025-26 and the notice for the 34th Annual General Meeting, setting cut-off dates for dispatch and e-voting.

Prime Industries Ltd has announced a Board of Directors meeting scheduled for September 20, 2026. The primary agenda items include considering a proposal for fundraising through preferential issue of equity shares or warrants, and increasing the company's authorized share capital from ₹35 crore to ₹40 crore. Additionally, the trading window for designated persons will be closed from September 16, 2026, until 48 hours after the board meeting concludes, in compliance with SEBI regulations.