Meeting Details

Prime Fresh Limited held its 19th Annual General Meeting on Wednesday, August 19, 2026, at 4:10 PM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

For the purpose of compliance with Section 96(2) of the Companies Act, 2013, the registered office of the Company at 102, Sanskar - II, Nr Ketav Petrol Pump, Polytechnic Road, Ambawadi, Ahmedabad-380015 was deemed to be the venue of the meeting.

Attendance

  • 28 shareholders were present in the AGM
  • All Directors attended except Mr. Gurmeet Singh Bhamrah (KMP)
  • Auditors of the Company attended through Video Conferencing
  • Mr. Jinen Ghelani, Managing Director & CFO, confirmed quorum was present

Resolutions Proposed

The following 11 resolutions were proposed to be passed at the meeting:

Ordinary Business

1. To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 including the Statement of Profit and Loss and the Cash flow statement together with the Reports of the Board of Directors and Auditors thereon (Ordinary Resolution)

2. To appoint Mr. Gurmeet Singh Bhamrah (DIN: 02527135), Non-Executive Director who retires by rotation and being eligible, offers himself for re-appointment (Ordinary Resolution)

3. Appointment of Statutory Auditors and to fix their remuneration (Ordinary Resolution)

Special Business

4. To Appoint Mr. Sanjiv Swarup (DIN: 00132716) as an Independent Director of The Company (Special Resolution)

5. To Approve Related Party Transaction (Ordinary Resolution)

6. To Approve Material Related Party Transaction With Florens Farming Limited (Formerly Known As Florens Farming Private Limited) For The Financial Year 2026-27 (Ordinary Resolution)

7. To Approve Material Related Party Transaction With Florens Fresh Supply Solutions Private Limited For The Financial Year 2026-27 (Ordinary Resolution)

8. To Approve Material Related Party Transaction With Mr. Jinen Ghelani, (DIN: 01872929) Managing Director For The Financial Year 2026-27 (Ordinary Resolution)

9. To Approve Material Related Party Transaction With Mr. Hiren Ghelani, (DIN: 02212587) Whole-Time Director For The Financial Year 2026-27 (Ordinary Resolution)

10. To Make Loan(s) and to give Guarantee(s), provide Security (ies) or make investment(s) in excess of the Prescribed Limit Under Section 186 of The Companies Act, 2013 (Special Resolution)

11. To Approve Increase In Borrowing Limits Under Section 180(1)(C) Of The Companies Act, 2013 (Special Resolution)

Voting and Scrutinizer Arrangements

  • The Company provided facility for shareholders to cast votes electronically on all resolutions
  • M/s. Umesh Ved & Associates, Practicing Company Secretaries, Ahmedabad were appointed as Scrutinizer
  • The Scrutinizer will scrutinize votes cast through remote e-voting and e-voting during the meeting
  • Voting results will be disclosed separately after receiving the Scrutinizer Report as required under Regulation 44(3) of SEBI (LODR), 2015

Meeting Proceedings

  • The Company Secretary welcomed all Members, Directors and Auditors
  • Statutory Audit Report and Secretarial Audit Report were taken as read since they contained no observations
  • Mr. Jinen Ghelani, Chairman, Managing Director & CFO (DIN: 01872929), delivered his statement on the affairs of the Company
  • Questions and queries from registered shareholder speakers were considered and clarifications provided by the Managing Director and Whole-time Director
  • The meeting commenced at 4:10 PM and concluded at 5:30 PM

Additional Information

  • The registers and other documents statutorily required under the Companies Act, 2013 were available for inspection as stated in the AGM notice
  • This document does not constitute minutes of the Annual General Meeting
  • Voting results will be declared within 02 working days from the conclusion of the AGM
  • Results will be placed on the Company's website (www.primefreshlimited.com) and BSE Ltd. website