34th Annual Report of Prime Industries Limited for FY 2025-26.

Date: September 23, 2026 BSE Limited P J Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 519299 Sub: Submission of Annual Report for the FY 2025-26 Dear Sir / Madam, Pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the 34th Annual Report of the Company for the Financial Year 2025- Kindly take the same on your record and oblige us. Thanking You, Yours Faithfully, For Prime Industries Limited (Diksha Tiwari) Company Secretary & Compliance Officer M. NO. A77914 BOARD OF DIRECTORS Mr. Rajinder Kumar Singhania (DIN: 00077540) Non-Executive Director Mr. Harjeet Singh Arora (resigned on 19.09.26) (DIN: 00063176) Non-Executive Director Mrs. Ritu Sarin (DIN: 02503754) N on-Executive, Independent and Woman Director Mr. Deepak Chauhan (DIN:10263588) Non-Executive, Independent Director Mr. Sanjeev Khanna (DIN: 11083364) N on-Executive, Independent Director Mr. Sanjiv Malik (appointed on 08.09.26) (DIN: 09798207) Additional Director (Executive) Mr. Deepak Handa (appointed on 20.09.26) (DIN: 07984901) Additional Director (Non-Executive) COMPANY SECRETARY CHIEF FINANCIAL OFFICER Ms. Diksha Tiwari (appointed on 20.09.26) Ms. Divya Punia (appointed on 18.02.26) STATUTORY AUDITORS SECRETARIAL AUDITORS INTERNAL AUDITOR M/s Akshay Singhla & Associates. M/s Pooja M Kohli & Associates M/s. Modi Harsh & Co. Chartered Accountants Company Secretaries Chartered Accountants (appointed on 08.09.26) 655, Street No. 4, Preet Nagar, (appointed on 20.09.26) B8/61, 1st Floor, sec-5, Dugri, Ludhiana-141013(Punjab) 314/A1, Sector-6, Rohini Delhi- 110085 Rohini, Delhi-110085 REGISTRAR & SHARE TRANSFER AGENTS REGISTERED OFFICE Skyline Financial Services (P) Ltd. Master Chambers, 19, D-153/A, First Floor, Okhla Industrial Area, Feroze Gandhi Market, Ludhiana, Punjab-141001 Phase-I, New Delhi. Phone: 0161-5053500 Ph: 011-40450193-97 Email: prime_indust@yahoo.com Email: admin@skylinerta.com BANKERS Bank of Baroda HDFC Bank Ltd HDFC Bank Ltd Pakhowal Road, Mall Road, Kaushambi, Ghaziabad Ludhiana Ludhiana Uttar Pradesh CONTENTS Page No. Notice of 34th AGM 2-29 Directors’ Report 30-38 Compliance certificate by MD & CFO 39-39 Management Discussion and Analysis Report 40-44 Policy on Remuneration of Directors, Key Managerial Personnel & Senior Employee 45-45 Secretarial Audit Report and Annual Certificates 46-49 Corporate Governance Report 50-69 CoC Declaration 70-71 Independent Auditor’s Report (Standalone) 72-86 Balance Sheet, Statement of Profit and Loss, Cash Flow Statement (Standalone) 87-90 Note Forming Part of the Financial Statements (Standalone) 91-117 Independent Auditor’s Report (Consolidated) 118-127 Balance Sheet, Statement of Profit and Loss, Cash Flow Statement (Consolidated) 128-131 Note Forming Part of the Financial Statements (Consolidated) 132-170 Audit Report & Financial Statements of Subsidiary (Linga Agri Trading and Machinery Pvt Ltd 171-199 NOTICE OF 34th ANNUAL GENERAL MEETING NOTICE is hereby given that the 34th Annual General Meeting of the Members of the Company will be held on Monday, 19th day of October 2026, at 03.00 P.M. through Video Conferencing (VC)/ other Audio Visual Means (OVAM) to transact the following business. The venue of the meeting shall be deemed to be the Registered Office of the Company at Master Chamber, 19, Feroze Gandhi Market, Ludhiana-141001, Punjab. ORDINARY BUSINESS: ITEM NO. 1: TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (STANDALONE & CONSOLIDATED) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31ST, 2026 AND THE REPORTS OF THE BOARD OF DIRECTORS (“THE BOARD”) AND AUDITORS THEREON. ITEM NO. 2: TO APPOINT A DIRECTOR IN PLACE OF MR. RAJINDER KUMAR SINGHANIA (DIN: 00077540), WHO RETIRES BY ROTATION IN TERMS OF SECTION 152(6) OF THE COMPANIES ACT, 2013 AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT ITEM NO. 3: TO APPOINT M/S. AKSHAY SINGHLA & ASSOCIATES, CHARTERED ACCOUNTANTS, (FRN: 039880N), AS THE STATUTORY AUDITOR OF THE COMPANY To consider and if thought fit, to pass with or without modification, the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 139(8), 142 of the Companies Act, 2013 read with the Companies (Audit and Auditors Rules), 2014 (the Rules), including any statutory modification(s) or re-enactment(s) thereof for the time being in force and pursuant to the recommendation made by the Audit Committee and Board of Directors through the resolution passed on Tuesday, September 08, 2026, M/s. Akshay Singhla & Associates , Chartered Accountants (Firm Registration No. 039880N), be and are hereby appointed as the Statutory Auditors of the Company on such terms and conditions as mentioned in the explanatory statement, to fill the casual vacancy caused by the resignation of M/s Bhushan Aggarwal & Co. RESOLVED FURTHER THAT M/s Akshay Singhla & Associates, Chartered Accountants (Firm Registration No. 039880N), be and is hereby appointed as Statutory Auditors of the Company to hold the office from Tuesday, September 08, 2026, until the conclusion of this Annual General Meeting (34th AGM) of the Company, at such remuneration plus applicable taxes, and out of pocket expenses, as may be determined and recommended by the Audit Committee and duly approved by the Directors of the Company.” RESOLVED FURTHER THAT M/s. Akshay Singhla & Associates, Chartered Accountants (Firm Registration No. 039880N), be and are hereby appointed as the Statutory Auditors of the Company to hold office for a period of Five years from the conclusion of this 34th (Thirty Fourth) Annual General Meeting of the Company till the conclusion of 39th (Thirty Ninth) Annual General Meeting of the Company to be held in the year 2031, on such remuneration as may be determined and recommended by the Audit Committee and duly approved by the Directors of the Company. RESOLVED FURTHER THAT any Directors and Company Secretary of the company be and are hereby severally authorized to do all acts, deeds, matters and things as considered necessary and execute all necessary documents, applications and returns for the purpose of giving effect to the aforesaid resolutions.” SPECIAL BUSINESS: ITEM NO. 4: TO APPOINT MR. SANJIV MALIK (DIN: 09498207) AS EXECUTIVE DIRETOR OF THE COMPANY To consider, and, if thought fit, to pass, with or without modification(s), the following resolution as a Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 152, 161 and other applicable provisions, if any, of the Companies Act, 2013 (“Act”) and the rules made thereunder, the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), the Articles of Association of the Company and subject to such approvals, consents and permissions as may be required, Sanjiv Malik (DIN: 09498207), who was appointed as an Additional Director (Executive) of the Company by the Board of Directors at its meeting held on 8 September 2026 and who holds office up to the date of this Annual General Meeting pursuant to Section 161 of the Act and being eligible for appointment as a Director, be and is hereby appointed as a Director (Executive) of the Company, liable to retire by rotation. RESOLVED FURTHER THAT the Board of Directors of the Company or the Company Secretary be and are hereby severally authorised to do all such acts, deeds, matters and things and execute all such documents, deeds and writings as may be necessary, proper, expedient or incidental for giving effect to this resolution.” ITEM NO. 5: APPOINTMENT OF SANJIV MALIK (DIN: 09498207) AS MANAGING DIRECTOR OF THE COMPANY. To consider and if thought fit, to pass with or without modification, if any, the following resolution as Special Resolution: “RESOLVED THAT in accordance with the provisions of section 152, 196, 197 and 203 of the Companies Act, 2013 read with schedule [Showing first 8,000 characters — download PDF for full document]