Prime Fresh Limited will hold its 19th Annual General Meeting (AGM) on August 19, 2026, to approve a significant increase in its borrowing limits to ₹240 crore under Section 180(1)(c) of the Companies Act, 2013. The meeting, conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM), also addresses the appointment of new statutory auditors and the ratification of material related party transactions (RPTs) for FY26-27. This mandate is critical for supporting business expansion and strategic investments.

The Board of Directors has proposed the appointment of M/s Keshri & Associates, Chartered Accountants (FRN: 310006E), as statutory auditors for a five-year term ending at the 24th AGM. This follows the completion of a ten-year tenure by the outgoing auditors, M/s O.P. Bhandari & Co. The proposed remuneration for Keshri & Associates is ₹2.5 lakh per annum plus GST. Additionally, shareholders will vote on the re-appointment of Mr. Gurmeet Singh Bhamrah as a Non-Executive Director and the appointment of Mr. Sanjiv Swarup as an Independent Director for a five-year term commencing July 15, 2026.

A critical component of the agenda involves omnibus approvals for RPTs with subsidiaries and associates, including Florens Farming Limited (FFL) and Florens Fresh Supply Solutions Private Limited (FFSSPL). Prime Fresh holds a 53.8% stake in FFL and a 43.81% stake in FFSSPL. The company seeks approval for transactions involving the purchase and sale of goods, loans, advances, and guarantees.

The company also seeks shareholder consent for personal guarantees from Managing Director Mr. Jinen Ghelani and Whole-Time Director Mr. Hiren Ghelani to secure corporate borrowings. These promoters collectively hold 50.75% of the company’s shares. Under Section 186 of the Companies Act, 2013, the Board requests authority to provide loans, guarantees, or securities up to ₹240 crore, over and above existing limits.

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL) from August 16 to August 18, 2026. The record date for determining voting eligibility is August 12, 2026. Shareholders holding shares in physical form are reminded to complete mandatory KYC updates with Bigshare Services Private Limited to avoid folio freezing. The register of members will remain closed from August 13 to August 19, 2026.

Prime Fresh Limited has scheduled its 19th Annual General Meeting for August 19, 2026, to be conducted through video conferencing and other audio-visual means. The meeting will address the company's statutory business and provide shareholders with an update on its operations. The board has established a book closure period to determine shareholder eligibility for the meeting.

The register of members and share transfer books will remain closed from August 13, 2026, to August 19, 2026, inclusive. Shareholders whose names appear in the register on the record date will be entitled to attend and vote at the AGM. This closure is in accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates for the 19th AGM

The company has outlined specific dates for the upcoming annual general meeting proceedings. The record date for determining eligibility to cast votes electronically during remote e-voting has been set for August 12, 2026. This date precedes the book closure period to facilitate the e-voting process.

The intimation regarding the book closure and record date was submitted to the stock exchanges on July 15, 2026. Jasmin Doshi, Company Secretary of prime fresh , signed the disclosure. The meeting is set to commence at 04:10 PM.