Prime Industries Fund Raise of ₹11.47 Cr
Prime Industries Limited’s 34th AGM notice seeks shareholder approval for a preferential issue of 27.30 lakh shares to raise ₹11.47 Crore. The agenda also includes board appointments.
- Value
- ₹11.47 Cr
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Prime Industries Limited’s 34th AGM notice seeks shareholder approval for a preferential issue of 27.30 lakh shares to raise ₹11.47 Crore. The agenda also includes board appointments.
Prime Industries sent a Reg 36(1)(b) letter to physical shareholders with the weblink to access the Annual Report 2025-26. No monetary or operational event is disclosed.
Prime Industries Ltd submitted its 34th Annual Report for FY 2025-26 under Reg 34(1). The filing includes the AGM notice and standing disclosures.
Prime Industries issued its 34th AGM notice for October 19, 2026, proposing MD appointment, auditor change, and other governance items for shareholder approval.
Prime Industries Ltd. has appointed Mr. Deepak Handa as a Director to accelerate its initiatives in precision engineering and advanced manufacturing for various industrial sectors.
Prime Industries completed a ₹11.86 Crore preferential issue to strategic investor Dr. Uday Narang, who acquired a 10% stake in the company.
Prime Industries' board approved a preferential issue of 27.30 lakh shares at ₹42 each, totaling ₹11.47 Crore. The board also approved AGM notices and leadership appointments.
Promoters of Prime Industries sold shares worth ₹16.77 Crore through market transactions. The disclosure comprises nine separate sale records filed under PIT regulations.
Prime Industries scheduled a board meeting for September 20, 2026, to consider a preferential fund-raising proposal and an increase in authorized share capital.
Prime Industries promoter group led by Harneesh Kaur Arora disposed shares via off-market gift. Promoter holding fell from 26.07% to 6.11%, with no cash consideration.
Prime Industries promoters sold roughly 19.95% of equity via open market sale on 11 Sept 2026. Promoter holding fell from 26.07% to 6.11%.
Runit Exim Private Limited acquired 11,00,000 shares, representing a 5.23% stake in Prime Industries Ltd, via an open market purchase.
Prime Industries Limited appointed Mr. Sanjiv Malik as Executive Director and Akshay Singhla & Associates as the new Statutory Auditor, effective September 8, 2026.
Prime Industries has appointed M/s. Akshay Singhla & Associates as statutory auditors and Mr. Sanjiv Malik as the new Managing Director.
Prime Industries Ltd has applied to the Registrar of Companies for an extension of time to conduct its Annual General Meeting for the financial year 2025-26.