Prime Fresh Limited (PFL), a leading player in the food processing industry, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with several strategic decisions aimed at expanding its market presence.

Financial Performance

For the quarter ended September 30, 2025, Prime Fresh Limited reported:

The company's consolidated performance for the same quarter showed:

These results indicate robust growth in both standalone and consolidated operations, with significant improvements in revenue and profitability.

Strategic Expansion Initiatives

The board of directors has approved several key initiatives to fuel the company's growth:

1. New Subsidiary Formation: PFL plans to establish a new wholly-owned subsidiary named Prime Fresh CDP Private Limited. This entity will focus on agriculture supply chain, food processing, preservation, farming, exports, and related activities.

2. Investment in Poonaagrocart LLP: The company has approved an investment of up to ₹50 lakhs for a 51% partnership stake in Poonaagrocart LLP. This strategic move aims to expand PFL's presence in the Ready-to-Heat and Ready-to-Eat frozen snacks and meals segment.

3. Withdrawal of Previous Plans: The board has decided to withdraw its earlier plans for incorporating subsidiaries named Prime Fresh Pune CDP Private Limited and Prime Fresh Nasik CDP Private Limited.

Regulatory Compliance and Corporate Governance

Prime Fresh Limited has received an administrative warning letter from the Securities and Exchange Board of India (SEBI). In response, the board has directed the Compliance Officer to strengthen the internal monitoring mechanism for regulatory disclosures, ensuring accurate and timely future disclosures.

Capital Raising and Equity Changes

The company has successfully raised funds through a preferential issue:

• 9,60,000 warrants were issued, convertible into an equal number of equity shares.
• 12,805 warrants have been converted into fully paid-up shares.
• The total amount raised from this conversion is ₹15,75,015.

Market Presence and Future Outlook

With these strategic moves, Prime Fresh Limited is positioning itself for growth in the food processing sector. The investment in Poonaagrocart LLP, which offers a portfolio of over 50 quality products, is expected to strengthen PFL's market position in the frozen food segment.

Jinen Ghelani, Managing Director & CFO of Prime Fresh Limited, stated, "Our strong financial performance and strategic initiatives reflect our commitment to growth and expansion in the food processing industry. We are confident that these moves will enhance our market presence and create long-term value for our stakeholders."

As Prime Fresh Limited continues to execute its growth strategy, investors and industry observers will be watching closely to see how these initiatives translate into market performance and financial results in the coming quarters.

Prime Fresh Limited has announced the receipt of a revised listing approval letter from the Bombay Stock Exchange (BSE) for 12,805 equity shares. This update comes as part of the company's ongoing corporate action related to warrant conversion.

Key Details of the Revised Listing Approval

Revision Clarification

The company has clarified that the revision in the listing approval letter pertains solely to the correction of distinctive numbers. No other changes have been made to the original listing approval.

Compliance and Next Steps

1. Trading Approval Application: Prime Fresh Limited is required to apply for trading approval within seven working days from the date of the listing approval grant.

2. SEBI Regulations: The company must ensure compliance with Regulation 167 of SEBI (ICDR) Regulations and other specifications as mandated by SEBI.

3. Shareholding Pattern: If there's a change exceeding 2% of the total paid-up share capital, the company is obligated to file the updated shareholding pattern in XBRL mode as per SEBI LODR Regulations, 2015.

4. Additional Requirements: For trading approval, Prime Fresh Limited needs to submit:

   • Confirmation letters from NSDL/CDSL about crediting the shares to beneficiary accounts
   • Confirmation of lock-in for pre-preferential holding (if applicable)

Implications

This revised listing approval marks a significant step in Prime Fresh Limited's capital restructuring efforts. The preferential issue to promoters through warrant conversion indicates a potential strengthening of promoter stake in the company. Investors and market participants may be watching for the subsequent trading approval and any impact on the company's shareholding pattern.

The company's prompt disclosure of this revision, in compliance with SEBI regulations, demonstrates its commitment to transparency in corporate governance practices.