Prima Innovation Limited held its 2nd Annual General Meeting on Wednesday, 23rd September, 2026 at 11:00 A.M. (IST) through Video Conferencing/Other Audio-Visual Means. The meeting was convened pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Proceedings

The meeting was called to order by Ms. Hetal Panchal, Company Secretary and Compliance Officer (Membership No.: A79795), after confirming requisite quorum. The remote e-voting facility was available to all members from 9:00 A.M. (IST) on 20th September, 2026 until 5:00 P.M. (IST) on 22nd September, 2026. E-voting during the AGM was also provided to members who had not voted earlier, remaining open for 15 minutes after the meeting conclusion.

Attendees and Presentations

The meeting introduced all Directors, Chief Financial Officer, Statutory Auditors, Secretarial Auditor, and the Scrutinizer. Mr. Pratik B. Parekh, Executive Chairperson and Managing Director, addressed shareholders and provided a brief summary on the Demerger and financial performance for FY 2025-2026.

Resolutions Considered

The following resolutions from the notice convening the AGM were taken as read and voted upon:

Ordinary Business:

  • Resolution 1: Adoption of Financial Statements (Ordinary Resolution)
  • Resolution 2: Appointment of Mr. Dilip Manharlal Parek as a Director liable to retire by rotation (Ordinary Resolution)

Special Business:

  • Resolution 3: Appointment of M/s P. Diwan & Associates, Practising Company Secretaries as Secretarial Auditors of the Company for period of 5 consecutive financial years from 1st April, 2026 to 31st March, 2026 (Ordinary Resolution)

Financial Statements and Auditors

There were no qualifications, observations or other remarks made by the Statutory Auditors in their Report on the Standalone Financial Statements for the Financial Year ended 31st March, 2026 that may have any adverse effect on the functioning of the Company.

Shareholder Engagement

Registered speakers were invited to express views and make inquiries about operations and financial performance. Mr. Pratik B. Parekh addressed shareholder queries and provided a brief on Company's future prospects, with remaining queries to be answered via proper communication channels.

Meeting Conclusion and Disclosure

The meeting concluded at 11:18 A.M. (IST), lasting 18 minutes. The combined results of remote e-voting and e-voting on the resolutions, along with the Scrutinizer's Report, will be intimated to Bombay Stock Exchange Limited and placed on the Company's website (www.primainnovation.in) and NSDL website in due course.

Statutory Registers and other documents required under the Companies Act, 2013 were open for inspection during the meeting.