INTIMATION OF APPOINTMENT OF MR. RAMA NAND GUPTA (DIN: 03397154) AS ADDITIONAL DIRECTOR (EXECUTIVE)
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Prime Industries Ltd has appointed Mr. Rama Nand Gupta (DIN: 03397154) as an Additional Director (Executive) with effect from 11 November 2025. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors at its meeting held on the same day. Mr. Gupta is a graduate from SRCC, Delhi University and brings 32 years of experience from a PSU bank, with expertise in credit and risk management, MIS design, and improving business profitability. The appointment is subject to shareholder approval through a Special Resolution. He does not hold directorship in any other listed entity, has no familial relationship with existing directors, and is not debarred from holding directorship by SEBI or any other authority.
This is a routine board-level appointment aimed at strengthening management expertise. The addition of a senior banking professional with credit and risk management experience may bring financial discipline, but the stock is unlikely to see a meaningful reaction as the appointment awaits shareholder approval.