Meeting Details
The 19th Annual General Meeting of Prime Fresh Limited was held on Wednesday, August 19, 2026 at 04:10 PM through Video Conferencing/Other Audio-Visual Means.
Shareholder Statistics
- Total number of shareholders on record date: 1,660
- Shareholders present through video conferencing: 19 public shareholders
- Promoter and promoter group attendance: 0
- Cut-off date for e-voting eligibility: August 12, 2026
Voting Results Summary
All 11 resolutions were passed with requisite majority:
Resolution 1: Adoption of Financial Statements
- Ordinary resolution to adopt audited standalone and consolidated financial statements for FY ended March 31, 2026
- Total votes polled: 8,058,918 (58.062% of outstanding shares)
- Votes in favor: 100%
- Promoter votes: 7,044,202 (100% in favor)
- Public votes: 1,014,716 (100% in favor)
Resolution 2: Re-appointment of Director
- Ordinary resolution to re-appoint Mr. Gurmeet Singh Bhamrah (DIN: 02527135) as Non-Executive Director
- Total votes in favor: 7,881,168 (97.7944%)
- Votes against: 177,750 (2.2056%)
- Public non-institutions: 82.4828% in favor, 17.5172% against
Resolution 3: Appointment of Statutory Auditors
- Ordinary resolution to appoint statutory auditors and fix their remuneration
- Total votes in favor: 100%
Resolution 4: Appointment of Independent Director
- Special resolution to appoint Mr. Sanjiv Swarup (DIN: 00132716) as Independent Director
- Total votes in favor: 7,881,168 (97.7944%)
- Votes against: 177,750 (2.2056%)
Resolution 5: Related Party Transaction Approval
- Ordinary resolution for related party transaction approval
- Total votes polled: 1,014,716 (7.3107% of outstanding shares)
- Votes in favor: 836,966 (82.4828%)
- Votes against: 177,750 (17.5172%)
Resolution 6: Material RPT with Florens Farming Limited
- Ordinary resolution for material related party transaction with Florens Farming Limited (formerly Florens Farming Private Limited) for FY2026-27
- Total votes in favor: 100%
Resolution 7: Material RPT with Florens Fresh Supply Solutions
- Ordinary resolution for material related party transaction with Florens Fresh Supply Solutions Private Limited for FY2026-27
- Total votes in favor: 100%
Resolution 8: Material RPT with Mr. Jinen Ghelani
- Ordinary resolution for material related party transaction with Mr. Jinen Ghelani (DIN: 01872929), Managing Director for FY2026-27
- Votes in favor: 836,966 (82.4828%)
- Votes against: 177,750 (17.5172%)
Resolution 9: Material RPT with Mr. Hiren Ghelani
- Ordinary resolution for material related party transaction with Mr. Hiren Ghelani (DIN: 02212587), Whole-Time Director for FY2026-27
- Total votes in favor: 100%
Resolution 10: Loans/Guarantees/Investments under Section 186
- Special resolution to make loans, give guarantees, provide securities or make investments in excess of prescribed limits under Section 186 of Companies Act, 2013
- Total votes in favor: 8,050,418 (99.8945%)
- Votes against: 8,500 (0.1055%)
Resolution 11: Increase in Borrowing Limits under Section 180(1)(c)
- Special resolution to approve increase in borrowing limits under Section 180(1)(c) of Companies Act, 2013
- Total votes in favor: 100%
Scrutinizer's Report
The scrutinizer's report was prepared by Umesh Ved of Umesh Ved & Associates, Company Secretaries. The remote e-voting facility was provided by NSDL and commenced from August 16, 2026 (9:00 AM) to August 18, 2026 (5:00 PM).
Share Capital Structure
- Total outstanding shares: 13,879,861
- Promoter and promoter group holding: 7,044,202 shares (50.75%)
- Public non-institutions holding: 6,835,659 shares (49.25%)
- Public institutions holding: 0 shares