Latest news about Prima Industries
Prima Industries
17.47
-0.63(-3.48%)
Company Performance:
View Company Insights1D-3.48%
1M+10.78%
6M-24.34%
1Y-3.16%
5Y-13.30%
More news about Prima Industries
22Jan 26
Prima Industries Secures NCLT Approval for ₹5.20 Crore Preference Shares Issue and Redemption
Prima Industries Limited received NCLT Kochi Bench approval on January 21, 2026, to issue unlisted preference shares worth ₹5.20 crore for redeeming existing preference shares. The tribunal granted permission for a 20-year tenure extension but imposed a ₹1 lakh penalty due to compliance delays. The company's original preference shares became due for redemption in July 2022 but could not be redeemed due to insufficient profits available for dividend distribution.
18Nov 25
Prima Industries' Independent Director Neethu Subramoniyan Resigns, Creating Key Committee Vacancies
Mrs. Neethu Subramoniyan has resigned from her position as Independent Director at Prima Industries, effective November 18, 2025. Her departure, due to personal reasons and other commitments, creates vacancies in multiple board committees. The company plans to reconstitute these committees after appointing a new Independent Director, in compliance with SEBI regulations. Mrs. Subramoniyan retains her directorships in other companies, including Richfield Financial Services Limited and Prima Agro Limited.
04Aug 25
Prima Industries Extends Preference Share Redemption by 7 Years to 2033
Prima Industries Ltd has approved extending the redemption period of 60,00,000 unlisted 10% Non-Convertible Redeemable Preference Shares from March 26, 2026, to March 26, 2033. The ₹6.00 crore worth of shares, with a face value of ₹10 each, will be affected. This decision aims to improve cash flow management and align with long-term business plans. The extension is subject to shareholder approval at the upcoming general meeting and potential regulatory clearances. Additionally, Ms. Nayana V B has been appointed as the new Company Secretary and Compliance Officer, replacing Mrs. Malavika S Kumar.
04Aug 25
Prima Industries Reports Q1 Results, Announces Management Changes and AGM Date
Prima Industries approved Q1 financial results and made several corporate decisions. The 31st AGM is scheduled for September 15. Management changes include the appointment of Ms. Nayana V B as Company Secretary. The redemption period for 60,00,000 unlisted 10% redeemable preference shares was extended to March 26, 2033. Other decisions include appointing a scrutinizer for e-voting and setting dates for the closure of share transfer books.
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