Prime Industries Limited holds 34th AGM and approves key appointments and alterations
Key highlights
- Appointed M/s. Akshay Singhla & Associates as statutory auditor for five years from 19 Oct 2026
- Re-appointed Mr. Rajinder Kumar Singhania as Director and appointed Mr. Sanjiv Malik as Managing Director (08 Sep 2026 to 07 Sep 2029) and Mr. Deepak Handa as Non-Executive Director (20 Sep 2026 to 19 Sep 2028)
- Approved increase of authorised share capital from ₹35 crore to ₹40 crore, alteration of main object clause of MOA, and issuance of up to 27,30,000 equity shares to non-promoters on preferential basis
Why it's rated notable: The AGM approved an issue of up to 27,30,000 preferential equity shares, but the filing states no issue price or amount, so the level stays at medium, and the other approved items (auditor, directors, object clause, authorised capital) carry no stated value.
Original filing
Announcement under Regulation 30 (LODR)-Change in Directorate
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
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Other board / shareholder meeting outcome filings this fortnight
- Mega Nirman & Industries Ltd announces postal ballot results for director appointments and rights issue
- Cubex Tubings Limited announces voting results and scrutinizer report of EGM held on 6 Nov 2026
- SMC Global Securities holds EGM on Nov 6, 2026; approves convertible warrants issuance
- Cubex Tubings Limited holds EGM on 6 Nov 2026 approving preferential issue of warrants
- Dev Labtech Venture: both EGM resolutions passed on 5 Nov 2026
- Apollo Micro Systems Limited announces EGM outcomes and preferential issue details
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.