Prime Industries disclosed that Runit Exim Private Limited acquired a 5.23% stake in the company through open market transactions. The acquisition was completed on September 11, 2026.

Runit Exim purchased 11,00,000 equity shares, marking its initial entry into the shareholder base of Prime Industries. The acquirer held nil shares prior to this transaction.

Acquisition Details

The shareholding pattern changes reflect a direct accumulation of voting rights by Runit Exim. The details of the holding are as follows:

Regulatory Disclosure

Runit Exim submitted the disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing was made to the Bombay Stock Exchange on September 12, 2026.

Runit Exim is not part of the promoter or promoter group of Prime Industries. The total equity share capital of Prime Industries remains at ₹10,50,17,000, comprising 2,10,03,400 equity shares of ₹5 each.

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.