Prime Industries Limited announces key appointments, capital increase, and MOA alteration
Key highlights
- Appointment of M/s. Akshay Singhla & Associates as statutory auditor for 5 years from 19 Oct 2026
- Re-appointment of Mr. Rajinder Kumar Singhania and appointments of Mr. Sanjiv Malik as Managing Director and Mr. Deepak Handa as Non-Executive Director
- Increase in Authorised Share Capital from ₹35 crore to ₹40 crore and alteration of main object clause in MOA approved
Why it's rated notable: Medium because members approved new main-object sub-clauses covering automobiles, metals and nuclear and defence components, and a preferential issue of up to 27,30,000 equity shares with no issue price or amount stated, while the auditor and director appointments carry no amount.
Original filing
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.