Intimation of Notice of 31st Annual General Meeting.
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Prima Industries Ltd has notified BSE about its 31st Annual General Meeting scheduled for Monday, 15th September 2025 at 11:00 AM IST at The Renai Cochin, Palarivattom, Cochin. The record date (cut-off) for identifying eligible members for e-voting and AGM attendance is Tuesday, 09th September 2025, with remote e-voting via NSDL running from 12th September (9:00 AM) to 14th September (5:00 PM). The Annual Report for FY 2024-25 reveals a weak performance: revenue from operations declined to Rs. 75.48 million from Rs. 79.37 million, and the company swung to a net loss of Rs. 2.96 million versus a profit of Rs. 4.54 million in the prior year, with basic EPS turning negative at Rs. (0.27). No dividend has been recommended on equity or preference shares to conserve resources. Key business resolutions include extending the redemption period of 60 lakh redeemable preference shares by 7 years to 26th March 2033, raising the Section 186 loan/guarantee threshold from Rs. 5 crore to Rs. 10 crore, and re-appointment of Director Mr. Kushagra Gupta.
Shareholders should note the company is voting on extending preference share redemption by 7 years and increasing related-party transaction limits, both of which warrant attention. The FY 2024-25 net loss and zero dividend announcement are negative signals that may weigh on the stock, though the e-voting record date (9th September) is the key date for AGM voting eligibility.