Prime Industries Ltd (PRIMIND) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Prime Industries Ltd on NSE and BSE, with an AI summary of each filing.
Prime Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve the Financial Results for ....
Intimation · 05 Nov 2026, 5:30 am
Prime Industries Schedules Board Meeting for Q2 FY27 Financial Results Prime Industries Limited has scheduled its Board of Directors meeting for 5th Nov'26 to consider, approve, and take on record the unaudited financial results for the quarter and half-year ended 30th Sep'26. Consequently, the trading window for dealing in company equity shares remains closed for designated persons, directors, and key managerial personnel, reopening 48 hours following the official declaration of the financial results.
34th Annual General Meeting- Scrutinizer Report and Voting Results.
Annual General Meeting · 21 Oct 2026, 7:04 pm
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Change in Auditor · 20 Oct 2026, 7:38 pm
Prime Industries Approves Capital Hike, Preferential Issue, and MOA Expansion Prime Industries Limited approved key strategic resolutions at its 34th AGM held on 19th Oct'26. Shareholders approved increasing authorized share capital from ₹35.00 crore to ₹40.00 crore and issuing up to 27,30,000 equity shares to non-promoters on a preferential basis. The company altered its MOA main object clause to diversify into automotive, EV components, metals, defense, and nuclear precision engineering. Additionally, Sanjiv Malik was appointed Managing Director for three years, alongside the appointment of M/s. Akshay Singhla & Associates as statutory auditors for five years.
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Others (Uncategorized) · 20 Oct 2026, 7:36 pm
Prime Industries Approves Capital Hike, Preferential Issue, and MOA Alteration at AGM At its 34th AGM on 19th Oct'26, Prime Industries approved increasing its authorized share capital from ₹35.00 cr to ₹40.00 cr and issuing up to 27,30,000 equity shares to non-promoters on a preferential basis. Shareholders sanctioned altering the Memorandum of Association's main object clause to diversify into automotive, EV components, metals, defense, and nuclear precision engineering. Key leadership appointments were also cleared, including Sanjiv Malik as Managing Director (8th Sep'26 to 7th Sep'29) and Akshay Singhla & Associates as statutory auditor for five years.
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Change in Management · 20 Oct 2026, 7:32 pm
Prime Industries Approves Capital Hike, Preferential Issue, and MOA Diversification at AGM At its 34th AGM on 19th Oct'26, Prime Industries Limited approved increasing its authorised share capital from ₹35.00 cr to ₹40.00 cr alongside a preferential issuance of up to 27.30 lakh equity shares to non-promoter entities. Shareholders approved altering the main object clause of the MOA to diversify into automotive manufacturing, EV precision parts, metals processing, and defense/nuclear engineering. Key appointments include Sanjiv Malik as MD (8th Sep'26 to 7th Sep'29), Deepak Handa as Non-Executive Director, and M/s. Akshay Singhla & Associates as statutory auditors for five years.
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Change in Management · 20 Oct 2026, 7:31 pm
Prime Industries Approves Capital Increase, Preferential Issue, and Business Diversification at AGM At its 34th AGM on 19th Oct'26, Prime Industries Limited approved the preferential issuance of up to 27,30,000 equity shares to non-promoters and raised its authorised share capital from ₹35.00 crore to ₹40.00 crore. Shareholders approved altering the Memorandum of Association to diversify into automotive, EV components, metals, and defence-nuclear engineering. Additionally, members cleared the appointment of Sanjiv Malik as Managing Director for three years through 7th Sep'29, Deepak Handa as Non-Executive Director, and M/s. Akshay Singhla & Associates as statutory auditor for five years.
Outcome of AGM 2026.
Annual General Meeting · 19 Oct 2026, 10:59 pm
Press release issued by the Company.
Press Release · 18 Oct 2026, 10:13 pm
Prime Industries Subsidiary Linga Agri Completes Fundraise at ₹330 Crore Pre-Money Valuation Prime Industries Limited’s majority-owned subsidiary, Linga Agri Trading and Machinery Private Limited, completed its first fundraising tranche at a pre-money valuation of ₹330 crore. The capital will strengthen manufacturing capabilities and expand agricultural and industrial engineering solutions. Linga Agri’s reported revenue surged to ₹84.47 crore in FY25–26 from ₹19.27 crore in FY24–25, while profit after tax expanded to ₹15.04 crore from ₹3.17 crore. Linga Agri serves high-profile clients, including ISRO, BEML, Royal Enfield, and Hyundai.
Corrigendum to the Notice of AGM.
Annual General Meeting · 13 Oct 2026, 11:07 pm
Letter to shareholders who have not registered their email id for accessing the Annual Report for FY 2025-26.
Annual Report · 23 Sept 2026, 8:33 pm
34th Annual Report of Prime Industries Limited for FY 2025-26.
Others (Uncategorized) · 23 Sept 2026, 8:26 pm
Notice of 34th Annual General Meeting of the Company to be held on Monday, 19th October, 2026 through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
Annual General Meeting · 23 Sept 2026, 8:11 pm
Issuance of Equity Shares on preferential basis.
Others (Uncategorized) · 20 Sept 2026, 9:24 pm
Prime Industries Approves ₹11.47 Cr Preferential Issue and Capital Increase On 20th Sep'26, Prime Industries approved increasing its authorized share capital from ₹35 Cr to ₹40 Cr and raising up to ₹11.47 Cr via a preferential issue of up to 27,30,000 equity shares (₹5 face value) at ₹42 per share to non-promoter investors Uday Narang (11.32% post-issue stake) and Kushal Muchhal (1.00%). Additionally, the board approved altering its MOA to expand into auto components, EV, metals, and defense engineering, alongside appointing Deepak Handa as Additional Director and noting Harjeet Singh Arora's resignation.
Alteration of Object Clause and Capital clause by Increasing Authorised Share Capital of the Company.
Others (Uncategorized) · 20 Sept 2026, 9:21 pm
Prime Industries Approves ₹11.47 Cr Preferential Issue and Capital Hike Prime Industries' board approved raising authorised share capital from ₹35.00 Cr to ₹40.00 Cr and issuing up to 27,30,000 equity shares at ₹42 each, aggregating ₹11.47 Cr on a preferential basis to non-promoter investors Uday Narang and Kushal Muchhal. The board also approved altering its MOA object clause to diversify into automobiles, EVs, precision components, metals, defense, and nuclear segments. Additionally, Harjeet Singh Arora resigned as Non-Executive Director on 19th Sep'26, while Deepak Handa was appointed as Additional Director on 20th Sep'26.
Press release for appointment of Deepak Handa on the Baord of the Company.
Press Release · 20 Sept 2026, 9:00 pm
Prime Industries Appoints Deepak Handa as Director to Accelerate Advanced Manufacturing Capabilities Prime Industries Ltd. appointed Deepak Handa as Director to drive capabilities across precision engineering and advanced manufacturing for defense, nuclear power, and emerging industrial sectors. The move aligns with the establishment of its R&D incubation center to design components for the Special Purpose Division. Handa brings over 25 years of automotive and precision manufacturing experience, having led operations across multiple plants and international markets. The appointment supports Prime Industries’ broader expansion strategy through stakes in specialized engineering entities, including Kay Bouvet Engineering Ltd. and Linga.
Press release on Fund raise through Strategic Investment.
Press Release · 20 Sept 2026, 8:57 pm
Prime Industries Secures ₹11.86 Crore Strategic Investment from Dr. Uday Narang Prime Industries Ltd. completed an ₹11.86 crore fundraise via a preferential issue on 20th Sep'26, resulting in strategic investor Dr. Uday Narang acquiring a 10% equity stake. Dr. Narang, promoter of OBSC Perfection and founder of Omega Seiki Mobility, brings extensive precision engineering and manufacturing expertise across defense, aerospace, and nuclear sectors. The capital and strategic partnership aim to accelerate Prime Industries' expansion in specialized engineering, advanced manufacturing, and high-value industrial operations, complementing its existing equity stakes in Kay Bouvet Engineering and Linga Agri Trading.
Appointment of Internal AUditor to conduct Internal Audit of the Company for the Financial Year 2026-27.
Change in Auditor · 20 Sept 2026, 8:23 pm
Prime Industries Approves ₹11.47 Cr Preferential Issue and Capital Hike Prime Industries' board approved raising authorized share capital from ₹35.00 Cr to ₹40.00 Cr and issuing up to 27,30,000 equity shares at ₹42 each, raising up to ₹11.47 Cr via a preferential allotment to non-promoter investors Uday Narang and Kushal Muchhal. Post-issue, Uday Narang will hold 11.32%. The board also approved altering its MOA object clause to enter automotive, EV components, metals, and defense engineering segments, alongside appointing Deepak Handa as Additional Director and noting Harjeet Singh Arora's resignation.
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Change in Management · 20 Sept 2026, 8:21 pm
Prime Industries Approves ₹11.47 Cr Preferential Issue and Capital Increase Prime Industries' board approved raising ₹11.47 Cr via a preferential allotment of up to 27.30 lakh equity shares at ₹42 per share to non-promoter investors Uday Narang (24.925 lakh shares, increasing stake to 11.32%) and Kushal Muchhal (2.375 lakh shares, 1.00%). The board also approved increasing authorized share capital from ₹35 Cr to ₹40 Cr, amending main objects to expand into EV, automotive components, metals, and defense engineering, appointing Deepak Handa as Additional Director, and noting the resignation of Non-Executive Director Harjeet Singh Arora, effective 19th Sep'26.
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Change in Management · 20 Sept 2026, 8:19 pm
Prime Industries Approves ₹11.47 Cr Preferential Issue and Capital Increase Prime Industries Limited’s board approved increasing authorized share capital from ₹35.00 Cr to ₹40.00 Cr on 20th Sep'26. The board also approved a preferential issue of up to 27.30 lakh equity shares (face value ₹5) at ₹42 per share to non-promoter investors, aggregating ₹11.47 Cr; Mr. Uday Narang will hold 11.32% post-allotment. Additionally, the company proposed altering its MOA object clause to enter automotive, EV components, metals, nuclear, and defense segments, alongside appointing Mr. Deepak Handa as Additional Director following Mr. Harjeet Singh Arora's resignation.
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Change in Management · 20 Sept 2026, 8:18 pm
Prime Industries Approves ₹11.47 Crore Preferential Issue and Capital Hike Prime Industries' board approved raising ₹11.47 cr via a preferential issue of up to 27.30 lakh equity shares at ₹42 per share to non-promoter investors Uday Narang and Kushal Muchhal. The board also approved increasing authorized share capital from ₹35 cr to ₹40 cr and amending its MOA object clause to enter automobile manufacturing, defense, and precision engineering. Additionally, Deepak Handa was appointed as Additional Director, Diksha Tiwari as CS and Compliance Officer, while Harjeet Singh Arora resigned as Non-Executive Director on 19th Sep'26.
Appointment of Company Secretary & Compliance Officer.
Change in Management · 20 Sept 2026, 8:16 pm
Prime Industries Board Approves ₹11.47 Cr Preferential Issue and Capital Hike Prime Industries Limited's board approved raising ₹11.47 Cr via a preferential issue of up to 27.30 lakh equity shares at ₹42 per share to non-promoter investors Uday Narang and Kushal Muchhal. The board also approved increasing authorized share capital from ₹35 Cr to ₹40 Cr, amending its object clause to enter automotive, metals, and defense/nuclear engineering, appointing Deepak Handa as Additional Director and Diksha Tiwari as CS/Compliance Officer, and accepted the resignation of Non-Executive Director Harjeet Singh Arora, effective 19th Sep'26.
Please find attached Outcome of Board Meeting held on sunday, 20th september, 2026.
Outcome · 20 Sept 2026, 8:13 pm
Prime Industries Approves ₹11.47 Cr Preferential Issue and Capital Hike Prime Industries' board approved a preferential issue of up to 27,30,000 equity shares (face value ₹5) at ₹42 per share, raising ₹11.47 Cr from non-promoters Uday Narang (24,92,500 shares; 11.32% post-issue stake) and Kushal Muchhal (2,37,500 shares; 1.00% stake). The board also approved increasing authorized share capital from ₹35 Cr to ₹40 Cr and altering its MOA to expand into automobile manufacturing, metals, and defense/nuclear engineering. Additionally, Harjeet Singh Arora resigned as Non-Executive Director on 19th Sep'26, while Deepak Handa was appointed as Additional Director.
Prime Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/09/2026 ,inter alia, to consider and approve Intimation of Baord Meeting ....
Intimation · 16 Sept 2026, 10:31 pm
Prime Industries Board to Consider Preferential Fundraise and Capital Increase Prime Industries Limited's Board of Directors will meet on 20th Sep'26 to evaluate a fundraising proposal via a preferential issue of equity shares, convertible warrants, or other instruments, subject to regulatory and shareholder approvals. The board will also consider increasing the company's authorized share capital from Rs.35.00 crore (7.00 crore equity shares of Rs.5 each) to Rs.40.00 crore (8.00 crore equity shares of Rs.5 each). The trading window for designated persons remains closed from 16th Sep'26 until 48 hours post-meeting.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chirag Singhania & Others
Acquisition/ Disposal of Shares · 16 Sept 2026, 10:28 pm
Promoters Offload 19.95% Stake in Prime Industries via Open Market Promoters and Persons Acting in Concert (PACs) of Prime Industries Limited sold 41,91,600 equity shares, representing a 19.95% stake, via open market transactions on 11th Sep'26. Major sellers included Rajinder Kumar Singhania (6.19%), Harneesh Kaur Arora (3.97%), Saintco India LLP (3.30%), and Puneet Singhania (2.78%). Following the disposal, the collective promoter group shareholding in the company decreased significantly from 26.07% (54,75,894 shares) to 6.11% (12,84,294 shares). Total equity share capital remains at Rs 10.50 crore comprising 2,10,03,400 equity shares.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Parveen Singhania & Others
Acquisition/ Disposal of Shares · 15 Sept 2026, 11:31 pm
Promoters Offload 19.95% Stake in Prime Industries via Open Market Promoters and Persons Acting in Concert (PACs) of Prime Industries Limited offloaded 41,91,600 equity shares, representing a 19.95% stake in the company, via open market transactions on 11th Sep'26. Major selling entities included Rajinder Kumar Singhania (6.19%), Harneesh Kaur Arora (3.97%), Saintco India LLP (3.30%), and Puneet Singhania (2.78%). Post-transaction, aggregate promoter and PAC shareholding fell sharply from 26.07% (54,75,894 shares) to 6.11% (12,84,294 shares). Total voting equity capital remains unchanged at Rs 10,50,17,000, comprising 2,10,03,400 equity shares of Rs 5 each.