Appointment Details

Mr. Deepak Handa has been appointed as Director of the Company effective September 2026. The appointment is part of the Company's strategic efforts to strengthen its capabilities in precision engineering, advanced manufacturing and technology-driven industrial applications.

Director Background and Qualifications

Mr. Deepak Handa is a seasoned automotive industry professional with 25+ years of experience across operations and business development. He currently serves as Technical Director – Operations & Business Development at Omega Bright Steel, where he is responsible for driving strategic initiatives across manufacturing operations and leading various plants across multiple locations.

His previous experience includes leadership and technical positions with organizations including Sawraj (PTL) and Automotive Tube Manufacturing Industries, with expertise in precision steel tubes, SS hoses, fuel & oil hoses, hydraulic hoses, exhaust systems, sheet metal components, precision automotive & non-automotive machining components, and EV projects supplied to domestic and international OEMs.

Mr. Handa has extensive experience in quality management systems and certification frameworks, including hands-on experience with IATF 16949, ISO 9001 and ISO 14001. He has worked with certification bodies including TÜV, BSI, DNV, Vincotte and BVQI, and has international exposure through business and technical interactions in Japan, China, Thailand, and Taiwan.

Strategic Rationale

The appointment comes at a time when the Company is establishing an R&D incubation center to develop and design components for Special Purpose Division. Prime Industries is gearing up for building capabilities across specialized engineering and indigenous industrial technologies for Defence, Nuclear Power and emerging new age manufacturing technology.

Mr. Handa stated: "Precision engineering is at the heart of the next phase of industrial manufacturing. I look forward to strengthening Prime Industries Ltd.'s capabilities in quality-driven manufacturing and new product development, supporting its vision to become a trusted leader in precision engineering for Defence, Nuclear and Special Product Divisions."

Corporate Structure and Subsidiaries

The Company has majority and minority stakes in companies working in high precision engineering & nuclear sector:

Kay Bouvet Engineering Ltd. - Brings decades of experience in heavy engineering and specialised manufacturing, serving sectors including Defence, Nuclear and Space. Capabilities include precision engineering, fabrication and manufacture of critical components for specialized applications.

Linga - Develops proprietary advance machinery and engineering solutions across agricultural mechanisation, waste management, bio-mining and other industrial applications.

Company Overview

Prime Industries Ltd. is an industrial growth company working across specialized engineering, advanced manufacturing and technology-led businesses. Through its businesses and strategic partnerships, the Company is developing capabilities across Defense, Nuclear, Aerospace, Capital Goods, specialized machinery and emerging technologies.

Additional Information

The press release is available on the company website at https://primeindustrieslimited.in/investors/. The disclosure was signed by Sanjiv Malik, Additional Director (DIN: 09498207) and submitted to BSE Limited on September 20, 2026.