Prime Industries has secured a two-month extension from the Registrar of Companies (ROC) Chandigarh to hold its Annual General Meeting (AGM) for FY26. The new deadline is November 30, 2026, replacing the original statutory due date of September 30, 2026.

The ROC granted the extension under Section 96(1) of the Companies Act, 2013, following an application filed by the company on September 3, 2026. The approval was issued on September 7, 2026.

Regulatory Context

The company’s Board of Directors had initially approved the proposal for the extension through a resolution passed by circulation on September 2, 2026. Ms. Diksha Tiwari, Company Secretary & Compliance Officer, was authorised to file the necessary application with the ROC.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sanjeev Khanna, Director, signed the communication addressed to the Corporate Relationship Department at BSE Limited.

Next Steps

Prime Industries will intimate the specific date, time, venue/mode, and other requisite particulars of the AGM separately, in accordance with the applicable provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The ROC advised the company to be careful in future compliance with the provisions of the Companies Act, 2013.

Prime Industries has appointed Sanjeev Malik as an additional director with the designation of Managing Director, effective September 8, 2026. The appointment is subject to shareholder approval at the ensuing general meeting.

The board also approved the appointment of M/s. Akshay Singhla & Associates as the company's statutory auditor to fill a casual vacancy caused by the resignation of M/s. Bhushan Aggarwal & Co. The new auditors will hold office until the next annual general meeting.

Board Meeting Details

The board of directors convened on Tuesday, September 8, 2026, to consider these appointments pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 3:00 pm and concluded at 3:45 pm.

Key Appointments

The board acted on recommendations from the Nomination and Remuneration Committee for the director appointment and the Audit Committee for the auditor appointment. The details are outlined below:

Sanjeev Malik brings over 30 years of experience in the textile industry, including expertise in manufacturing, production management, and quality control. He holds a B.Tech degree in Textile Technology. The disclosure states he has no shareholding in the company and no relationships with existing directors.

Akshay Singhla & Associates, established in 2022, specializes in direct and indirect taxation, litigation support, and assurance services. The firm confirmed it has no relationship with the company's management or directors.