Intimation Under regulation 30 (LODR) for Incorporation of Wholly Owned Subsidiary.
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Prime Fresh Limited has incorporated a new wholly owned subsidiary named Prime Fresh CDP Private Limited on January 14, 2026. The new entity has an authorized capital of Rs. 1 crore and a paid-up capital of Rs. 25 lakh, with Prime Fresh holding 100% stake through cash subscription. The subsidiary will operate in agriculture supply chain, food processing, food preservation, farming, and exports. The initial subscription does not qualify as a related party transaction, and no governmental or regulatory approvals were required for this incorporation. This follows up on a communication from November 11, 2025.
This signals a strategic expansion into food processing and export-related activities, but the small initial capital base means it is unlikely to drive any material near-term change in the stock price or financial performance. Shareholders should watch for future updates on the subsidiary's business progress.