Prima Industries Limited has announced that its board of directors will meet on Thursday, May 28, 2026, at the company's registered office. The meeting is convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The primary agenda for the board meeting includes the consideration and approval of the audited financial results for the quarter and financial year ended March 31, 2026. These results encompass both standalone and consolidated financial statements. Additionally, the board will review and approve the statutory audit report for the financial year 2025-2026.

Agenda Items

The board will deliberate on the following key points:

• Consideration and approval of Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.
• Approval of the Statutory Audit Report for the financial year 2025-2026.
• Consideration of other items as per the agenda.

Trading Window Closure

In accordance with the company's code of conduct to regulate trading by designated persons, the trading window will remain closed. This closure is effective until 48 hours after the declaration of the audited financial results. The window is expected to reopen on Saturday, May 30, 2026.

The meeting will be held at 03:00 PM IST at the registered office located in the Industrial Development Area, Muppathadam, Cochin.

Prima Industries Limited has formally executed the Trust Deed for the establishment of the "Prima Industries Ltd Employees' Gratuity Trust" on May 6, 2026. This action follows the approval granted by the Board of Directors during their meeting held on April 28, 2026. The newly constituted trust will function in conjunction with the ICICI Prudential Group Gratuity Scheme to effectively manage the fund designated for employees.

Objective and Financial Implications

The primary objective of the trust is to create a fund that provides gratuity benefits to eligible employees of the company in accordance with applicable laws. To support this, the company will make contributions to the trust from time to time. These contributions will be determined based on actuarial valuations to ensure the fund remains sufficient to meet its obligations.

Trustee Composition and Governance

The governance of the trust has been established with a specific set of trustees appointed to oversee its operations. The details of the trustees are as follows:

Ms. Swati Gupta and Mr. Kushagra Gupta are identified as part of the promoter or promoter group of the company. They have been appointed in their capacity as directors to serve as trustees for the administration of the trust.

Regulatory Compliance and Impact

This disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI circular dated July 13, 2023. The company has clarified that the execution of the Trust Deed does not confer any rights nor impose any restrictions that would affect the management or control of Prima Industries Limited. Additionally, the trustees are authorized to obtain a Group Gratuity Scheme from an insurer and take necessary steps for the approval of the gratuity fund under the Income-tax Act, 1961.