Prime Securities Limited has issued a notice for its 43rd Annual General Meeting (AGM) to be held on Tuesday, September 29, 2026, at 3:30 p.m. IST through Video Conferencing / Other Audio Visual Means (VC/OAVM).

AGM Agenda - Ordinary Business

1. Adoption of Financial Statements: To receive, consider, and adopt:

  • Audited Standalone Financial Statements for the financial year ended March 31, 2026, with Reports of the Board of Directors and Independent Auditors.
  • Audited Consolidated Financial Statements for the financial year ended March 31, 2026, with Reports of the Independent Auditors.

2. Re-appointment of Director: To appoint a director in place of Mr. Sujit Kumar Varma (DIN: 09075212), a Non-Executive and Non-Independent Director, who retires by rotation and is eligible for re-appointment.

Director Information for Re-appointment

  • Name: Mr. Sujit Kumar Varma
  • DIN: 09075212
  • Date of Birth: January 6, 1961
  • Nationality: Indian
  • Date of Initial Appointment: September 27, 2022
  • Qualifications: Bachelor of Arts (Hons.) in English from St. Xavier's College, Ranchi. Holds certifications from the Indian Institute of Banking & Finance, Harvard Business School, NYU Stern School of Business, IIM Ahmedabad, and IIM Calcutta.
  • Expertise: Credit, Risk Management, Trade Finance, Compliance, Retail Banking, International Banking.
  • Experience: A banker with a proven track record in leading diverse business departments in Corporate and Retail Credit, Trade Finance, International Banking, Risk Management, and Compliance.
  • Current Directorships in India: Uflex Limited, Lloyds Metals and Energy Limited, L&T Metro Rail (Hyderabad) Limited, Tata Capital Limited, Tata Asset Management Private Limited, Tata Capital Housing Finance Limited, Tata Communications Limited.
  • Committee Positions: Holds chairperson and member positions on various committees including Audit, Risk Management, Nomination and Remuneration, and CSR committees in the above-listed companies.
  • Resignations: No resignations from listed entities in the past 3 years.
  • Relationship with other Directors: Not related to any other Directors or Key Managerial Personnel of Prime Securities Limited.
  • Shareholding: Holds nil equity shares in Prime Securities Limited.
  • Remuneration: As a Non-Executive and Non-Independent Director, he is paid Sitting Fees and Commission within statutory limits. Details are provided in the Report on Corporate Governance.
  • Board Meeting Attendance: Attended all 6 meetings held during Financial Year 2025-26.
  • Compliance Status: Not debarred from holding the office of director by virtue of any SEBI Order or other authority.

E-Voting Instructions

  • The remote e-voting period commences on Saturday, September 26, 2026, at 9:00 a.m. IST and ends on Monday, September 28, 2026, at 5:00 p.m. IST.
  • The cut-off date for determining voting rights is Tuesday, September 22, 2026.
  • Shareholders can vote electronically via the NSDL e-Voting platform (https://www.evoting.nsdl.com/). Detailed login instructions are provided for shareholders holding shares in demat mode (with NSDL or CDSL) and physical mode.
  • The scrutinizer for the e-voting process is Mr. Pramod S. Shah of M/s. Pramod S. Shah & Associates (CP No. 334, Membership No. FCS 3804).
  • Results will be declared by the Chairman and placed on the company's website (www.primesec.com) and NSDL's website (evoting@nsdl.com) after the AGM, and communicated to the stock exchanges.

Virtual Meeting Attendance

  • The facility to join the AGM via VC/OAVM will open 15 minutes before the scheduled time on the NSDL e-Voting platform.
  • Attendance is available on a first-come, first-served basis for the first 1,000 members. Large members (holding 2% or more), promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors are exempt from this limit.
  • Members wishing to speak must pre-register by sending a request from their registered email to prime@primesec.com by 5:00 p.m. IST on Tuesday, September 22, 2026.

Additional Notes and Investor Information

  • The AGM is being held virtually pursuant to MCA General Circular No. 09/2024 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133.
  • The proxy facility is not available for this virtual AGM.
  • The Annual Report and AGM notice are being sent electronically. Physical copies will be sent only to members who have not registered their email addresses.
  • Members are advised to dematerialize shares held in physical form and ensure their PAN, KYC, and nomination details are updated with their Depository Participant or the RTA, MUFG Intime India Private Limited.
  • Unclaimed dividends for financial years 2020-21 to 2024-25 have tentative transfer dates to the Investor Education and Protection Fund (IEPF) ranging from September 23, 2028, to August 8, 2032. Members are urged to claim these amounts from the RTA.
  • The company has designated prime@primesec.com for investor grievance redressal.
  • The company's RTA, MUFG Intime India Private Limited, has launched an investor self-service portal called "SWAYAM" (https://swayam.in.mpms.mufg.com).