Prime Fresh Limited has incorporated a new wholly owned subsidiary, Prime Fresh CDP Private Limited, as announced through a regulatory filing under Regulation 30 of SEBI LODR Regulations on January 14, 2026. This strategic move expands the company's operational structure in the agriculture and food processing sector.

Subsidiary Details and Capital Structure

The newly incorporated subsidiary has been established with specific capital parameters and operational focus areas:

Business Operations and Industry Focus

Prime Fresh CDP Private Limited will operate across multiple segments within the agriculture and food industry. The subsidiary's business activities will encompass:

• Agriculture supply chain management
• Food processing operations
• Food preservation services
• Farming activities
• Export operations and related activities

These operations align with Prime Fresh Limited's existing business model and strengthen its presence in the agriculture supply chain sector.

Regulatory Compliance and Structure

The incorporation follows proper regulatory procedures under SEBI guidelines. As disclosed in the filing, the initial subscription by Prime Fresh Limited does not fall within related party transactions, given the direct wholly owned subsidiary structure. The company confirmed that no governmental or regulatory approvals were required for this incorporation.

Company Secretary Jasmin Doshi signed the regulatory disclosure, ensuring compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This incorporation represents a continuation of the company's earlier communication dated November 11, 2025, indicating planned expansion activities.

Strategic Implications

The establishment of Prime Fresh CDP Private Limited as a wholly owned subsidiary provides Prime Fresh Limited with enhanced operational flexibility in the agriculture supply chain sector. The subsidiary structure allows for focused management of specific business segments while maintaining complete control under the parent company's umbrella.

Prime Fresh Limited has invested ₹14.00 lakh in its subsidiary company Florens Farming Private Limited through a private placement of equity shares. The investment was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Details

The company acquired 7,00,000 partly paid-up equity shares in Florens Farming Private Limited with the following structure:

The transaction represents a related party transaction as Florens Farming is a subsidiary of Prime Fresh Limited. The acquisition was conducted at arm's length based on an independent valuation report.

About Florens Farming Private Limited

Florens Farming Private Limited, incorporated on December 27, 2016, operates in the agriculture sector with a comprehensive business model covering multiple aspects of farming and agro-based activities. The subsidiary engages in farming, agriculture, and horticulture activities, including cultivation, production, processing, and trading of various agro-based products.

The company's operations encompass:

• Cultivation and production of crops, seeds, plants, fruits, and vegetables
• Processing and trading (import/export) of agro-based products
• Land acquisition through lease, contract farming, and ownership arrangements
• Related agricultural produce activities

Financial Performance

Florens Farming has demonstrated growth over the past three financial years:

Strategic Objectives

The investment aims to finance the development and expansion of Florens Farming's business operations. This capital infusion aligns with Prime Fresh Limited's strategy to strengthen its presence in the agriculture sector through its subsidiary operations. The cash consideration approach provides immediate liquidity support for the subsidiary's growth initiatives.

The transaction was completed with cash consideration, and Prime Fresh Limited has received the allotment letter confirming the share acquisition.