Voting Results and Scrutinizer''s Report of 38th Annual General Meeting held on 15.09.2025 for the FY 2024-25.
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Prima Agro Limited held its 38th Annual General Meeting on 15th September 2025 in Cochin, where all 9 resolutions were passed with the requisite majority. The 4 ordinary resolutions covered adoption of audited standalone and consolidated financial statements for FY 2024-25, re-appointment of Mr. Kushagra Gupta (DIN: 08477477) as a director retiring by rotation, and appointment of secretarial auditors. The 5 special resolutions approved authorization to advance loans/give guarantees under Section 185, powers to make investments and give loans/guarantees under Section 186, ratification of related party transactions with group companies for FY 2024-25, approval of material related party transactions for FY 2025-26, and extension of the redemption period of preference shares under Section 55(2). Voting was conducted via remote e-voting (12-14 September 2025) and ballot papers at the AGM. Out of 51,94,900 total outstanding shares, polling participation ranged from about 27.7% to 40.2% across resolutions, with nearly all votes (over 99.99%) cast in favour of every resolution. The Scrutinizer's Report was issued by CA. Bibin Sajan of Grandmark & Associates and countersigned by Chairman & MD S.K. Gupta.
The smooth passage of all resolutions, including related party transactions and preference share redemption extension, gives the company flexibility to fund group companies and defer preference share redemption, with no shareholder dissent of significance. This is a routine procedural outcome with no material change to the stock price expected.