Prime Securities Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 03, 2025. Further, the company has informed the Exchange regarding voting results.
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Prime Securities Limited filed the voting results and scrutinizer's report for its 42nd AGM held on July 3, 2025 via video conferencing. All five resolutions were passed with overwhelming shareholder approval of over 99.99%. The resolutions covered adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, declaration of a dividend, re-appointment of director Mr. Sujit Kumar Varma, appointment of a secretarial auditor, and payment of remuneration to Mr. N. Jayakumar as Managing Director and Group CEO (a special resolution). A total of 1,96,88,337 votes were polled (58.56% of outstanding shares), with the Promoter and Promoter Group not casting any votes. Only 99 members participated in the remote e-voting process.
This is a routine regulatory disclosure confirming that all AGM business items were approved with near-unanimous support, which is positive for governance transparency. The confirmed dividend declaration and approval of executive remuneration for the MD/Group CEO provide clarity for shareholders, though the unusually low 58.56% voting turnout and zero promoter participation may signal limited promoter engagement in the AGM process.