Prime Securities shareholders overwhelmingly approved all resolutions at the 43rd Annual General Meeting, with 99.99% votes in favour for both financial statement adoption and director re-appointment.

The meeting, held on September 29, 2026, via Video Conferencing and Other Audio-Visual Means, saw a total of 1,50,55,240 votes polled, representing 44.31% of the company's outstanding shares. The voting results were formally communicated to stock exchanges on October 1, 2026, following the submission of the Scrutinizer's report.

Key Resolutions Passed

Members approved two ordinary resolutions during the proceedings:

• Adoption of Financial Statements: Approval of the Standalone and Consolidated Financial Statements for FY26, along with the Board of Directors' report and Auditors' reports.
• Director Re-appointment: Re-appointment of Mr. Sujit Kumar Varma as a Non-Executive and Non-Independent Director, who retired by rotation.

Voting Results Breakdown

The detailed voting outcome demonstrates strong consensus among public shareholders, with negligible dissent recorded across both resolutions. Promoter group participation was zero as they did not vote on these specific agenda items.

Governance and Voting Procedures

The Company Secretary confirmed that the Independent Auditors' Report and Secretarial Audit Report contained no qualifications or adverse comments regarding the company's functioning. To ensure transparency, remote e-voting facilities were provided through the National Securities Depository Limited (NSDL) system prior to and during the meeting.

Mr. Pramod S. Shah, a Practising Company Secretary, was appointed as the Scrutinizer to supervise the voting process. The Notice of AGM had been dispatched to members on September 7, 2026. The cut-off date for entitlement to vote was September 22, 2026.

Management Interaction

Mr. N. Jayakumar, Managing Director and Group CEO, addressed member queries regarding operations and financial performance. As physical attendance was not permitted, proxy appointments were not applicable except for corporate shareholders. Voting results and the Scrutinizer's report were scheduled for publication on the company website and communication to stock exchanges.

Prime Securities Limited has updated the timing for its 43rd Annual General Meeting (AGM). The meeting will now commence at 4:00 pm on Tuesday, September 29, 2026, instead of the previously scheduled 3:30 pm. The session will continue to be conducted through Video Conferencing or Other Audio-Visual Means.

The agenda remains unchanged and includes the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Shareholders will also vote on the re-appointment of Mr. Sujit Kumar Varma as a Non-Executive and Non-Independent Director.

Meeting Details

The remote e-voting period commences on Saturday, September 26, 2026, at 9:00 am and ends on Monday, September 28, 2026, at 5:00 pm. The record date for determining voting eligibility is Tuesday, September 22, 2026.

Shareholders holding shares in demat mode can vote via NSDL platforms. Those with physical shares must use their folio numbers. The facility for appointment of proxies is not available for this virtual meeting. Mr. Pramod S. Shah has been appointed as the Scrutinizer to oversee the e-voting process.

Director Re-appointment

Mr. Sujit Kumar Varma retires by rotation at this AGM and offers himself for re-appointment. He holds a Bachelor of Arts degree and certifications from Harvard Business School and IIM Ahmedabad. He currently serves on the boards of Uflex Limited, Lloyds Metals and Energy Limited, and several Tata Group entities.

Investor Updates

The company reminded shareholders to claim unclaimed dividends before they are transferred to the Investor Education and Protection Fund. Final dividends from FY21-22 onwards face transfer dates ranging from November 2029 to August 2032. Members are advised to update their KYC details and demat account information to avoid folio freezing issues.