Prime Industries Ltd announces director appointments, auditor, share capital increase, MOA changes
Key highlights
- Appointed M/s. Akshay Singhla & Associates as statutory auditor for 5 years from 19 Oct 2026
- Re-appointed Mr. Rajinder Kumar Singhania as Director; appointed Mr. Sanjiv Malik as Managing Director (08 Sep 2026-07 Sep 2029) and Mr. Deepak Handa as Non-Executive Director (20 Sep 2026-19 Sep 2028)
- Approved increase of authorised share capital from ₹35 crore to ₹40 crore and alteration of main object clause in MOA with new sub-clauses on automotive, metals, and R&D activities
Why it's rated notable: Members approved at the 34th AGM the appointment of a Managing Director, a Non-Executive Director and a statutory auditor, but the filing states no value for these appointments, so the level is medium by default.
Original filing
Announcement under Regulation 30 (LODR)-Change in Management
Read the filing on BSE (PDF) →Companies guiding to strong growth
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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.