Prime industries has announced the resignation of Mr. Saket Agarwal from his position as Non-Executive Director, effective immediately from March 10, 2026. The company informed BSE Limited about this corporate governance change in compliance with regulatory requirements under SEBI Listing Regulations.

Resignation Details

The resignation was formalized through a letter dated March 10, 2026, submitted by Mr. Saket Agarwal (DIN: 00203084) to the Board of Directors. The departure takes effect from the close of business hours on March 10, 2026, marking an immediate transition in the company's board composition.

Regulatory Compliance

Prime Industries Limited has fulfilled its disclosure obligations pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the required documentation to BSE Limited's Corporate Relationship Department, including the original resignation letter and mandatory annexures.

The notification was signed by Rama Nand Gupta, Whole Time Director (DIN: 03397154), confirming the company's adherence to prescribed regulatory timelines and documentation requirements.

Resignation Confirmation

In his formal resignation letter, Mr. Saket Agarwal specifically stated that personal reasons were the sole cause for his departure from the board. Both the resigning director and the company have confirmed that no other material reasons exist beyond those mentioned in the resignation communication.

The company has also indicated that it will provide Mr. Agarwal with an acknowledgement of receipt and a copy of the e-Form DIR-12 to be filed with the Registrar of Companies for his records. This resignation represents a standard corporate governance transition with full regulatory compliance and transparent disclosure to stakeholders.

Prime industries Limited has announced the appointment of Ms. Divya Punia as Chief Financial Officer, effective February 18, 2026. The appointment was approved by the Board of Directors in their meeting held on February 18, 2026, following a recommendation from the Nomination and Remuneration Committee.

Board Approval and Regulatory Compliance

The company has informed BSE Limited about this key appointment in compliance with Regulation 30 of the Securities Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations 2015. The notification was made pursuant to Schedule III- Para A of Part A of the listing regulations and relevant SEBI circulars.

Professional Profile of Ms. Divya Punia

Ms. Divya Punia brings relevant financial expertise to her new role at Prime Industries Limited. Her educational background includes a Master's degree in Business Administration with specialization in Finance, providing her with the academic foundation necessary for the CFO position.

Market Experience and Expertise

Ms. Punia's professional background demonstrates significant experience in financial markets operations. Her approximately 7 years of experience as an arbitrageur in the stock market has provided her with hands-on experience in trade execution and active participation in financial markets. This market-oriented experience is expected to complement the financial management requirements of her new role.

Corporate Communication

The appointment notification was signed by Rama Nand Gupta, Director (DIN: 03397154), on behalf of Prime Industries Limited. The company's registered office is located at Master Chambers, SCO-19, Feroze Gandhi Market, Ludhiana-141001, Punjab. This appointment represents a key addition to the company's management team as Ms. Punia assumes the role of Chief Financial Officer and Key Managerial Personnel.