Prime Capital Market Limited approved an increase in its authorized share capital to ₹60.00 crore during its Board of Directors meeting held on September 1, 2026. The session also saw the adoption of financial results for FY26 and the scheduling of the 32nd Annual General Meeting (AGM).

The company filed the outcome with BSE Limited on September 1, 2026, citing Regulation 30 of the SEBI (LODR) Regulations, 2015. The meeting commenced at 11:50 am and concluded at 12:25 pm.

Key Agenda Items

The board transacted several critical items during the session:

• Adopted the Directors Report for FY26 along with all annexures.
• Recommended the re-appointment of Mr. Adarsh Purohit as director. He retires by rotation under Section 152(6) of the Companies Act, 2013, and offers himself for re-appointment at the ensuing AGM.
• Approved the increase in authorized share capital to ₹60.00 crore and consequential amendments to the Memorandum of Association. This requires member approval at the 32nd AGM.
• Approved the Secretarial Audit Report for FY26 issued by M/s. Sanjay Kumar Vyas (C. P. No. 21598 & ACS No. 55689) under Section 204 of the Companies Act, 2013.
• Appointed M/s. Sanjay Kumar Vyas as scrutinizer for monitoring E-voting and voting at the AGM through OAVM.
• Fixed the book closure period for the 32nd AGM.

Governance Updates

Adarsh Purohit, the Managing Director of Prime Capital Market, signed the notice. His DIN is 02950960. The re-appointment process follows standard corporate governance protocols for directors retiring by rotation.

AGM Details

The 32nd Annual General Meeting is scheduled to be held on Monday, September 28, 2026, at 11:30 am via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company has also determined the dates for closing the Register of Members and Transfer Books.

Prime Capital Market reported a net loss of ₹139.57 lakh for the first quarter of FY27 (ended June 30, 2026), marking a significant deterioration from the net profit of ₹1 lakh recorded in the same period of FY26. The company’s total revenue fell to ₹148.16 lakh, down from ₹81.09 lakh year-on-year, reflecting volatility in its core investment operations.

The financial performance was heavily impacted by trading activities and changes in inventory valuation. While interest income rose to ₹42.01 lakh from ₹9.32 lakh in the prior year period, this gain was offset by a ₹144.65 lakh loss from trading in shares and FNO segments. Additionally, changes in inventories contributed ₹105.40 lakh to expenses, compared to ₹66.12 lakh in Q1FY26.

Financial Highlights

Note: Revenue increase is driven by higher interest income and sale of shares, but expenses grew disproportionately due to trading losses.

Revenue from the sale of shares stood at ₹106.15 lakh in Q1FY27, a decrease from ₹3,013.75 lakh in the preceding quarter (Q4FY26) but an increase from ₹71.74 lakh in Q1FY26. Interest income also saw a substantial rise, climbing to ₹42.01 lakh from ₹9.32 lakh year-on-year. However, these operational gains were insufficient to cover the total expenses of ₹287.73 lakh, which included finance costs of ₹26.91 lakh.

What the Numbers Show

The divergence between revenue growth and expense escalation highlights the company's exposure to market volatility. Although total revenue increased 82.7% year-on-year, total expenses surged by over 260%. The primary driver of this expense spike was the ₹144.65 lakh loss from trading in shares and FNO segments, which did not appear in the corresponding quarter of FY26. This indicates that while the company generated higher income from interest and share sales, its active trading positions resulted in significant mark-to-market or realized losses, turning a profitable quarter into a substantial loss.

The Board of Directors approved the unaudited financial results on August 12, 2026. The results were reviewed by SGAJ & Associates, the statutory auditors, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates within a single business segment: Finance & Investments.