Prime Fresh Ltd has secured listing approval from BSE Limited for 57,725 equity shares issued to promoters through warrant conversion under preferential allotment regulations. The development marks a significant step in the company's capital structure enhancement following regulatory compliance procedures.

Share Allotment Details

The approved equity shares carry specific parameters that define their market positioning and regulatory framework:

Regulatory Framework and Compliance

BSE's approval comes with mandatory compliance requirements under SEBI regulations. The exchange has specifically highlighted adherence to Regulation 167 of SEBI (ICDR) Regulations and ongoing SEBI specifications. Additionally, if shareholding changes exceed two percent of total paid-up share capital, the company must file shareholding patterns in XBRL mode under Regulations 31(1)(c) of SEBI LODR Regulations, 2015.

Trading Approval Requirements

While listing approval has been granted, trading approval requires fulfillment of additional conditions. The company must submit confirmation letters from NSDL/CDSL regarding crediting shares to beneficiary accounts and admitting capital to the depository system. Lock-in confirmation for pre-preferential holdings may also be required if applicable.

Timeline and Compliance Obligations

Under Schedule XIX of ICDR Regulations and SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, Prime Fresh must apply for trading approval within seven working days from the listing approval date. Non-compliance with this timeline will attract penalties as specified in the referenced SEBI circular. The company must coordinate with both NSE (if applicable) and depository participants to ensure complete documentation before trading commencement.

Prime Fresh Limited has announced key dates for an upcoming postal ballot process following a board meeting held on February 5, 2026. The company has set January 30, 2026 as the record date for determining shareholder eligibility for the postal ballot notice and e-voting process.

Board Approval and Record Date

The board of directors of Prime Fresh Limited convened on Thursday, February 5, 2026, and formally approved the notice for a postal ballot. As part of this decision, the company established January 30, 2026 (Friday) as the crucial record date that will determine which members are eligible to receive the postal ballot notice and participate in the e-voting process.

Regulatory Compliance

The announcement was made in compliance with BSE regulations, specifically under Regulation 42. Prime Fresh Limited, which trades under scrip ID 540404 on BSE Limited, submitted the formal intimation to the stock exchange located at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Corporate Communication

Company Secretary Jasmin Doshi signed the official communication on behalf of Prime Fresh Limited. The document was digitally signed on February 5, 2026, at 18:01:06 +05'30', ensuring proper authentication and regulatory compliance for this corporate governance matter.

This postal ballot process represents a standard corporate governance procedure that allows shareholders to vote on company matters remotely, providing an efficient mechanism for shareholder participation in corporate decisions.