Notice of 18th Annual General Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Prime Fresh Limited has announced its 18th Annual General Meeting to be held on Friday, September 26, 2025 at 04:20 PM via video conferencing. Shareholders will consider adoption of audited financial statements for FY ended March 31, 2025 and the re-appointment of Mr. Hiren Chandrakant Ghelani as Whole-time Director (retiring by rotation). A special resolution seeks the appointment of Ms. Khyati Bhavya Shah as Non-Executive Independent Director for a 5-year term ending November 10, 2029. The notice also seeks approval to appoint M/s. Umesh Ved & Associates as Secretarial Auditors for five years (FY 2025-26 to 2029-30). Additionally, members will vote on related party transactions with Florens Fresh Supply Solutions (associate), Florens Farming Pvt Ltd (subsidiary), Prime Fresh Retail (wholly-owned subsidiary), and Vyankteshprime Fresh Farmers Producer Company, with combined purchase limits of up to Rs. 24 crore each and sale limits of up to Rs. 33 crore each for FY 2025-26. Other special resolutions seek to raise the limit for loans, guarantees and investments to Rs. 150 crore and increase the borrowing ceiling to Rs. 120 crore under Section 180(1)(c). The cut-off date for e-voting eligibility is September 19, 2025.
The resolutions are largely procedural and governance-related, but the higher borrowing and investment limits (Rs. 120 crore and Rs. 150 crore) signal that the company may be gearing up for higher debt or expansion activity in FY26. The substantial related party transaction limits with promoter-linked entities are worth monitoring closely for shareholder alignment.