Prime Industries Limited Appoints Rama Nand Gupta as Whole-Time Director
Prime Industries Limited has appointed Mr. Rama Nand Gupta (DIN: 03397154) as Executive Director designated as Whole-Time Director following board approval on November 11, 2025, and shareholder ratification at an EGM on February 09, 2026. Mr. Gupta brings 32 years of PSU banking experience with expertise in credit and risk management, and is confirmed to be independent with no relationships to existing directors or KMPs. The appointment complies with Companies Act 2013 and SEBI regulations.
*this image is generated using AI for illustrative purposes only.
Prime Industries Limited has announced a key leadership appointment with the addition of Mr. Rama Nand Gupta as Executive Director designated as Whole-Time Director. The appointment follows a structured approval process involving both board and shareholder endorsement.
Board Approval and Shareholder Ratification
The appointment process began with the Board of Directors approving Mr. Gupta's appointment as Additional Director (Executive) in their meeting held on November 11, 2025. Subsequently, the company's shareholders ratified this decision at an Extra Ordinary General Meeting held on February 09, 2026, from 02:00 P.M. to 02:30 P.M. at the company's registered office in Ludhiana, Punjab.
| Parameter: | Details |
|---|---|
| Name: | Mr. Rama Nand Gupta |
| DIN: | 03397154 |
| Position: | Executive Director designated as Whole-Time Director |
| Board Approval Date: | November 11, 2025 |
| Shareholder Approval Date: | February 09, 2026 |
| Meeting Duration: | 02:00 P.M. to 02:30 P.M. |
Professional Background and Expertise
Mr. Rama Nand Gupta brings substantial experience to his new role, having served a PSU bank for 32 years across various departments and positions. He is a graduate from SRCC, Delhi University, and has transitioned to the private sector to better utilize his expertise and knowledge.
His professional competencies include:
- Extensive experience in credit and risk management
- Proven ability to improve business profitability through various management tools
- Deep understanding of different industrial ventures and business potential foresight
- Expertise in designing customized Management Information Systems (MIS)
- Strong capability in exercising control over day-to-day industrial operations
Independence and Compliance
The company has confirmed that Mr. Gupta is not related to any existing Director or Key Managerial Personnel (KMP) of the company, ensuring independence in his role. Additionally, the company has affirmed that he is not debarred from holding the office of Director by virtue of any SEBI order or any other authority.
Regulatory Compliance
The appointment has been made in compliance with the provisions of the Companies Act, 2013, and Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also adheres to SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/202 dated January 30, 2026.
This strategic appointment is expected to strengthen the company's leadership team with Mr. Gupta's extensive banking and risk management experience, potentially contributing to enhanced operational efficiency and business growth.
Historical Stock Returns for Prime Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +27.61% | +178.36% | +250.21% | +203.56% | 0.0% |
16
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
