Alteration of Object Clause and Capital clause by Increasing Authorised Share Capital of the Company.

Date: September 20, 2026 The Manager Department of Corporate Service, BSE Limited P.J. Towers, Dalal Street Mumbai-400001 Ref.: Scrip Code – 519299 (Prime Industries Limited) Subject: Outcome of the Meeting of the Board of Directors of Prime Industries Limited held on Sunday, September 20, 2026 Dear Sir/Madam, Pursuant to Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the board of directors in its meeting held today, i.e., Sunday, September 20, 2026, at A-115, Sector 136, Noida, Uttar Pradesh-201304 of the company, have considered and approved the following business: 1. Increase of Authorised Share Capital of the Company from ₹35,00,00,000/- to ₹40,00,00,000/- Increase of Authorised Share Capital of the Company from existing ₹35,00,00,000/- (Rupees Thirty Five Crores Only) consisting of 7,00,00,000 (Seven Crore only) equity shares of face value ₹5/- each to ₹40,00,00,000/- (Rupees Forty Crores Only) consisting of 8,00,00,000 (Eight Crore Only) equity shares of face value ₹5/- each, and consequent alteration in Clause V of the Memorandum of Association of the Company relating to the share capital of the Company, subject to the approval of the shareholders at the ensuing Annual General Meeting (“AGM”) 2. Issuance of equity shares of the Company to Proposed Non-Promoter category on preferential basis Approval of Issue of up to 27,30,000 equity shares on preferential basis ("Preferential Issue") to the Proposed Non-Promoter category subject to the approval of shareholders, in accordance with the Companies Act, 2013 read with the rules made there under and Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations") read with other applicable regulations, if any at a price of ₹42/- (Rupees Forty Two Only) per Equity Share, subject to the approval of regulatory/ statutory authorities and the shareholders of the Company at the ensuing Annual General Meeting (“AGM”) and other regulatory authorities, as may be applicable. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is attached as per Annexure I. 3. Appointment of Mr. Deepak Handa (DIN- 07984901) as Additional Director (Non-Executive) The Board considered and approved the appointment of Mr. Deepak Handa (DIN- 07984901) as Additional Director (Non-Executive) of the Company, subject to the applicable provisions of the Companies Act, 2013, SEBI LODR Regulations and other applicable statutory requirements. The requisite disclosures relating to the appointment are enclosed herewith as Annexure-II. 4. Appointment of Company Secretary and Compliance Officer The Board considered and approved the appointment of CS Diksha Tiwari (ACS 77914) as the Company Secretary and Compliance Officer of the Company with effect from 20th September, 2026, subject to applicable provisions of the Companies Act, 2013 and SEBI LODR Regulations. The requisite disclosure relating to the appointment is enclosed as Annexure-III. 5. Appointment of Internal Auditor The Board on recommendation of the Audit Committee considered and approved the appointment of M/s. Modi Harsh & Co., Chartered Accountants (Firm Registration No. 031876N) as an Internal Auditor for the financial year 2026-2027 for conducting the Internal Audit of the Company for the Financial Year 2026-27. The requisite disclosure relating to the appointment is enclosed as Annexure-IV. 6. Alteration of Object Clause of the Memorandum of Association (MOA): The Board considered and approved an alteration in main object clause of Memorandum of Association (MOA) of the company by inserting the following sub-clause 9,10 and 11 after sub-clause 8 of the existing Memorandum of Association (MOA), subject to approval of members of the company and other regulatory approval, if required. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is attached as per Annexure V. 7. Approval of Annual Report and Directors' Report The Board considered and approved the Annual Report along with the Directors' Report of the Company for the Financial Year ended 31st March, 2026, together with the accompanying documents, subject to such modifications as may be required. 8. Approval of Notice of 34th Annual General Meeting The Board considered and fixed the day, date and time of Annual General Meeting (“AGM”), and approved Notice of AGM pursuant to section 101 and other applicable provisions of the Companies Act, 2013, if any, read with the Companies (Management and Administration) Rules 2014, including proposed resolution(s) and explanatory statement. The Board considered and fixed Friday, September 18, 2026 as the “Cut-off Date” for Dispatch of Notice to the Shareholders. The Board considered and fixed Monday, October 12, 2026 as the “Cut-off Date” for the purpose of determining the Members eligible to remote e-voting on the resolutions set out in the Notice of the AGM. 9. Appointment of Scrutinizer The Board considered and approved the appointment of CS Pooja M. Kohli, Practicing Company Secretary, Proprietor of M/s. Pooja M. Kohli & Associates, as the Scrutinizer for conducting the remote e-voting and physical voting process at the ensuing 34th Annual General Meeting and for providing the Scrutinizer's Report thereon in accordance with the applicable provisions of law. 10. Appointment of CDSL for Remote E-Voting The Board considered and approved the appointment of Central Depository Services (India) Limited (CDSL) as the agency for providing the facility of remote e-voting to the members of the Company in connection with the ensuing 34th Annual General Meeting. 11. Cut-off Date for Remote E-Voting The Board approved 12th October, 2026 as the Cut-off Date for determining the eligibility of members entitled to participate in the remote e-voting process in connection with the ensuing 34th Annual General Meeting. 12. Material Related Party Transactions The Board considered and approved the proposal relating to the Material Related Party Transactions proposed to be entered into by the Company during the Financial Year 2026-27, subject to the approval of the members of the Company and such other approvals as may be required under applicable laws. 13. Opening of a Branch Office The Board has considered and approved the proposal for opening of a Branch Office at 5th Floor, A- 115, Sector, Noida, Uttar Pradesh-201304. 14. Resignation of Mr. Harjeet Singh Arora (DIN: 00063176) The Board of Directors took note of the resignation of Mr. Harjeet Singh Arora (DIN: 00063176) from the position of Director (Non-Executive) of the Company, effective from closing of business hour of September 19, 2026. A copy of his resignation letter is enclosed herewith. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is attached as per Annexure V. 15. Reconstitution of the Nomination & Remuneration Committee and Stakeholder Relationship Committee Reconstitution of the Nomination & Remuneration Committee and Stakeholder Relationship Committee due to Resignation of Mr. Harjeet Singh Arora, the Non- Executive Director of the Company. Composition of Nomination & Remuneration Committee post resignation of Harjeet Singh Arora is- Sr No. Name of Committee DIN Designation Category members 1 Sanjeev Khanna 11083364 Non-Executive, Independent Chairperson 2 Deepak Chauhan 10263588 Non-Executive, Independent Member 3 Ritu Sarin 02503754 Non-Executive, Independent Member Composition of Stakeholder Relationship Committee post resign [Showing first 8,000 characters — download PDF for full document]