Prime Industries Limited announces board changes, auditor appointment, and MOA updates
Key highlights
- Appointed M/s. Akshay Singhla & Associates as statutory auditor for 5 years from 19 Oct 2026
- Re-appointed Mr. Rajinder Kumar Singhania and appointed Mr. Sanjiv Malik as Managing Director (3 years from 8 Sept 2026) and Mr. Deepak Handa as Non-Executive Director (2 years from 20 Sept 2026)
- Approved alteration of Memorandum of Association's main object clause to include automotive manufacturing, metals business, and R&D for nuclear & defense components
Why it's rated notable: The AGM approved a preferential issue of up to 27,30,000 equity shares with no price or value stated, against a market value of ₹261 crore, plus new main object clauses with no value, so the level is medium.
Original filing
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Prime Industries
- Fundraise / allotmentNotablePrime Industries Limited announces key appointments, capital increase, and MOA alteration
- Fundraise / allotmentNotablePrime Industries Ltd announces director appointments, auditor, share capital increase, MOA changes
- Board / shareholder meeting outcomeNotablePrime Industries Limited holds 34th AGM and approves key appointments and alterations
- Fundraise / allotmentNotablePrime Industries' Linga Agri completes first fundraise tranche at ₹330 crore pre-money
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
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
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.