Prime Capital Market Limited has announced the outcome of its postal ballot results following a Board Meeting held on February 12, 2026. The company submitted the scrutinizer report for its postal ballot e-voting results to BSE Limited, with the announcement made under Regulation 30 of SEBI LODR Regulations, 2015.

Board Meeting and Regulatory Disclosure

The company's Board Meeting on February 12, 2026 formally announced the voting results under Postal Ballot Rules, 2013 as approved by the members. The announcement was made in compliance with disclosure requirements under Regulation 30 of SEBI LODR Regulations, 2015, with the communication sent to BSE Limited referencing scrip code 535514.

Scrutinizer Report Submission

The scrutinizer report was prepared by M/s. Sanjay Kumar Vyas, Practicing Company Secretaries, who oversaw both e-voting and ballot voting processes. The submission was made in compliance with Section 108 and 109 of the Companies Act, 2013, and Rule 20(4)(xii) and Rule 20(2) of the Companies (Management & Administration) Rules, 2014.

E-Voting Process and Timeline

The remote e-voting period was conducted from Monday, January 12, 2026 at 9:00 AM to Tuesday, February 10, 2026 at 5:00 PM. National Securities Depository Ltd. (NSDL) provided the e-voting services, with shareholders holding shares as on the cut-off date of December 26, 2025 entitled to participate.

Resolution Results

The postal ballot addressed the appointment of Mr. Umang Bagaria (DIN: 10745203) as an Independent Director for a period of 5 years. The voting demonstrated complete shareholder support:

Management Communication

Adarsh Purohit, Managing Director (DIN: 02950960), digitally signed the communication to BSE Limited announcing the outcome. The company requested BSE to take note of the postal ballot results, completing the regulatory compliance requirements for member information and disclosure obligations.

Prime Capital Market Limited has issued a postal ballot notice dated December 27, 2025, seeking shareholder approval for the appointment of Mr. Umang Bagaria as an Independent Director. The company is conducting this approval process exclusively through electronic voting, in compliance with regulatory requirements and MCA circulars.

E-Voting Schedule and Process

The electronic voting process has been structured with specific timelines and procedures to ensure shareholder participation:

The company has engaged National Securities Depository Limited (NSDL) to provide the e-voting facility to all members. Only shareholders whose names are recorded in the Register of Members or Register of Beneficial Owners as on the cut-off date will be entitled to vote electronically.

Appointment Details

The postal ballot seeks approval for the appointment of Mr. Umang Bagaria (DIN: 10745203) as an Independent Director for a five-year term. The Board of Directors appointed him as an Additional Director (Independent) with effect from December 27, 2025, under Section 161(1) of the Companies Act, 2013.

Mr. Bagaria has submitted a declaration confirming he meets the independence criteria under Section 149(7) of the Companies Act, 2013, and Regulation 25(8) of the SEBI Listing Regulations. He currently serves as a director of Purbanchal Steel Limited and holds no shares in Prime Capital Market Limited.

Scrutinizer and Governance

The Board of Directors has appointed Mr. Sanjay Kumar Vyas, Practicing Company Secretary (Membership No. ACS-55689 & C.P. No. 21598), as the Scrutinizer to conduct the e-voting process in a fair and transparent manner. The Scrutinizer will submit his report to the Chairman within 48 hours of the e-voting conclusion.

The postal ballot notice is being sent electronically only to shareholders who have registered their email addresses with the Registrar and Transfer Agent or their respective Depository Participants as on the cut-off date of January 2, 2026. Shareholders whose email addresses are not registered can access the notice on the company's website and NSDL's e-voting portal.

Resolution and Compliance

The resolution for Mr. Bagaria's appointment as Independent Director is proposed as a Special Resolution under the Companies Act, 2013. The appointment aligns with the company's governance framework and regulatory compliance requirements under SEBI Listing Regulations.

The results of the postal ballot will be displayed on the company's website, NSDL's e-voting portal, and communicated to BSE Limited where the company's shares are listed. All relevant documents for inspection will be available at the company's registered office during the e-voting period between 10:00 AM to 1:00 PM on working days.