Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Execution of Trust Deed for Employees' Gratuity Trust.
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Prima Agro Ltd has executed a Trust Deed on 6th May 2026 to establish the 'Prima Agro Ltd Employees' Gratuity Trust.' The trust will work jointly with ICICI Prudential Group Gratuity Scheme to manage the fund for providing gratuity benefits to eligible employees as per applicable laws. Three trustees have been appointed: Ms. Swati Gupta (Chairperson), Mr. Kushagra Gupta (Alternate Chairperson), and Mr. V. R. Sadasivan Pillai (Company Secretary). Notably, Ms. Swati Gupta and Mr. Kushagra Gupta are both Directors and belong to the promoter/promoter group, which has been disclosed as a related party aspect. The company will contribute to the trust from time to time based on actuarial valuation. The trust does not confer any rights or restrictions affecting the management or control of the company.
This is a routine corporate governance disclosure with no direct impact on the company's financials or stock price in the short term. It represents standard employee benefit administration. The disclosure of promoter group members as trustees is a transparency measure but does not indicate any change in control or governance structure.