Prima Industries Ltd

Prima Industries Ltd. will hold a board meeting on November 12, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, and to note the demise of Chairman and Managing Director Mr. S. K. Gupta, whose DIN was 00248760. The board will also consider the resignation of Chief Financial Officer Mr. Kushagra Gupta and Independent Director Ms. Mayuri Sinha, whose DIN was 08915515, and will consider the appointment of Mr. Kushagra Gupta as Managing Director and Mr. Ladhu Singh as Chief Financial Officer, along with assigning the role of Group Chairperson to Ms. Swati Gupta.

Prima Industries Limited informed the BSE Limited that Mr. S K Gupta, Chairman & Managing Director of the company, died on October 13, 2026, according to a regulatory filing. The company stated that Mr. Gupta’s death is an irreparable loss and that a meeting of the Board of Directors will be convened following cremation rituals to appoint a Pro Tem Chairman. Mr. Gupta was also the Chairman & Managing Director of Prima Agro Limited.

Prima Industries Limited informed the BSE Limited that Mr. S K Gupta, Chairman & Managing Director of the company, died on October 13, 2026, according to a regulatory filing. The company stated that Mr. Gupta’s death is an irreparable loss and that a meeting of the Board of Directors will be convened following cremation rituals to appoint a Pro Tem Chairman. Mr. Gupta was also the Chairman & Managing Director of Prima Agro Limited.

Prima Industries Limited informed the BSE Limited that Mr. S K Gupta, Chairman & Managing Director and holding DIN: 00248760, passed away on October 13, 2026, a disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the company will convene a board meeting to appoint a Pro Tem Chairman.

Prima Industries Limited informed the BSE Limited that its shareholders approved a new set of Memorandum of Association and Articles of Association at the 32nd Annual General Meeting held on September 28, 2026, replacing the existing documents framed under the Companies Act, 1956, to align with the Companies Act, 2013 and related regulations. The board of directors approved the proposal on July 31, 2026.

Prima Industries Limited submitted a certificate to the BSE Limited under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter and half year ended September 30, 2026, as confirmed by its Registrar and Share Transfer Agent, M/s Venture Capital and Corporate Investments Private Limited.

Prima Industries Limited will close its trading window for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the announcement of the company’s unaudited financial results for the second quarter ending September 30, 2026, in compliance with SEBI regulations and the company’s code of conduct.

Prima Industries Ltd. will close its Register of Members and Share Transfer Books from September 22, 2026, to September 28, 2026, for the purpose of its Thirty Second Annual General Meeting scheduled to be held on September 28, 2026, at The Renai Cochin. The company’s BSE Scrip Code is 531246 and ISIN is INE723N01012.

Prima Industries Ltd share price crashed 10% to Rs 17.1 after the company's net profit tumbled by 92.93% to Rs 0.28 crore, while revenue from operations increased sharply by 35.85% to Rs 2.16 crore in Q2FY26 over Q1FY26. The market capitalization of Edible Oil industry group stocks on BSE stood at Rs 1.93 lakh crore, declining 3.86%. It has marginally improved by 3.02% over last one week and ticked higher by 0.80% in last one month while the market capitalization of Prima Industries Ltd has softened by 7.05% and 0.54% in the same period respectively. Profit before tax (PBT) of Prima Industries Ltd stood at Rs 0.33 crore in Q2 FY26, nosediving by 375.00% year-on-year, and tanking 91.69% quarter-on-quarter. EBITDA came in at Rs 0 crore, crashing by 280.00% YoY and plunging by 212.50% sequentially. Total expenses witnessed a sharp rise of 25.15% to Rs 2.14 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 0.11 crore, tumbling by 54.17% YoY, while employee benefits expense was at Rs 0.33 crore, remaining flat YoY. For the TTM ended FY26, revenue from operations declined slightly by 4.91% to Rs 7.55 crore, while net profit tanked by 165.22% to Rs 0.3 crore, compared to previous TTM. EBITDA saw a sharp decline of 309% to Rs 1.38 crore, and PBT collapsed by 92.74% to Rs 0.09 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 0.97 crore in FY26, as against Rs 0.53 crore in FY25. Prima Industries Ltd plunged by 20.43% in last one year, underperforming the benchmark BSE Sensex which has slipped by 4.36% during the same period.

Prima Industries Ltd. said its board approved a proposal to adopt a new Memorandum of Association and Articles of Association, replacing the existing documents framed under the Companies Act, 1956, in order to align with the Companies Act, 2013, at a meeting held on July 31, 2026. The move is subject to approval by the company's shareholders at the 32nd Annual General Meeting.