Prime Fresh Limited signed a grant agreement with the National Horticulture Board (NHB) on October 15, 2026, for the implementation of the Peri-Urban Vegetable Cluster Project in Nashik.

The company confirmed that it was awarded the project under the Cluster Development Programme (CDP). This development follows the receipt of in-principle approval from the NHB on September 13, 2026, for the Nashik CDP.

Project Background and Approvals

The signing of the grant agreement marks the culmination of a multi-stage approval process. The company initially submitted two Detailed Project Reports (DPRs) and business plans to the NHB on August 19, 2025. These submissions were made under the Cluster Development Programme framework.

Following the review of these reports, the NHB granted in-principle approval for the Nashik Cluster Development Programme in September 2026. The final step involved the formal execution of the grant agreement, which Prime Fresh completed on October 15, 2026.

Regulatory Compliance

This disclosure was made in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed BSE Limited regarding the signing of the agreement and requested that the information be taken on record.

Prime Fresh Limited announced the resignation of Gaurav R. Meena from his role as Non-Executive Independent Director, effective close of business hours on October 3, 2026.

The resignation was tendered via a letter dated October 3, 2026. The company cited pre-occupations and other commitments as the sole reasons for the departure. This disclosure serves as a revised filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to provide clarifications regarding directorships held in other listed entities.

Regulatory Compliance and Disclosures

The revised disclosure was submitted to comply with Clause 7B of Para A of Part A of Schedule III of the SEBI LODR Regulations and the SEBI Master Circular dated January 30, 2026. The company confirmed that Mr. Meena holds no other directorships in any listed entity apart from Prime Fresh Limited.

Mr. Meena provided a formal confirmation that there are no material reasons for his resignation other than those stated in his resignation letter. He served as a director since 2021 and expressed gratitude to the Board and Management for their support during his tenure.

Key Details of Resignation

The Company Secretary, Jasmin Doshi, signed the disclosure filed with the BSE Limited on October 5, 2026. The company requested the stock exchange to take the revised disclosure on record.