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.

Prime Fresh Limited delivered exceptional financial performance in Q3FY26, achieving multiple record milestones including highest ever quarterly sales, volume, EBITDA, and PAT. The company announced these robust results under Regulation 30, demonstrating strong operational efficiency and strategic execution.

Record-Breaking Q3FY26 Performance

Prime Fresh achieved unprecedented quarterly performance across all key metrics, reflecting the strength of its integrated agriculture value chain business model.

Consolidated Financial Results

The consolidated financial performance for Q3FY26 showcased remarkable growth momentum with significant improvements in revenue, profitability, and operational efficiency.

Nine-Month Performance Highlights

For the nine-month period of FY26, Prime Fresh maintained consistent growth trajectory with strong year-on-year improvements across all financial parameters.

Strategic Business Operations

Prime Fresh operates as a fully integrated agriculture value chain company with two main business verticals. The Fruits & Vegetables supply chain business offers end-to-end post-harvest management services, sourcing from over 120,000 farmers across 85 districts in Maharashtra, Gujarat, Rajasthan, Uttar Pradesh, Himachal Pradesh, and Kashmir. The Services business provides comprehensive 3PL services including warehousing, handling, packing, cold storage management, and facility management with operational capacity exceeding 600,000 tonnes per annum across 19+ locations.

Management Commentary

Mr. Hiren Ghelani, Founder and Whole Time Director, highlighted the exceptional quarter performance, stating that Q3FY26 was marked by consistent operational execution and steady progress across strategic initiatives. He emphasized the company's continued focus on strengthening backward integration, enhancing supply-chain precision, and building partnerships for sustainable growth. The management remains committed to investing in automation, technology, team building, and geographical expansion to position the company for its next growth phase by FY28.

Corporate Governance Developments

The company strengthened its leadership structure with key board appointments including Mr. Nishit Popat as Independent Director for a five-year term and re-appointments of Mr. Jinen Ghalani as Managing Director and Mr. Hiren Ghalani as Whole-time Director, subject to shareholder approval. Prime Fresh successfully migrated from BSE's SME Board to the Main Board, reflecting enhanced corporate governance standards and broader market access.