BSECompany Update2d ago · 18 Oct 2026, 04:43 pm

Press release issued by the Company.

Prime Industries Ltd · 519299

✦ AI Summary▲ PositiveFundraise

Prime Industries Ltd's subsidiary Linga Agri raises ₹330 crore in its first fundraising tranche, marking an important milestone in its growth journey. The fundraise supports Linga Agri's growth in advanced manufacturing and specialised engineering, backed by Prime Industries' strategic guidance and support.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10

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Prime Industries Ltd - 519299 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Dated: 18.10.2026 BSE Limited, Corporate Relationship Department 1st Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort, Mumbai - 400001. PRIME INDUSTRIES LIMITED-Scrip Code-519299 Subject: Submission of Press Release under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the press release issued by the Company for your information and records. You are requested to take the same on record. Thanking you. Yours faithfully, For Prime Industries Limited Diksha Tiwari Company Secretary & Compliance Officer A77914 Enclosure: As above PRESS / MEDIA RELEASE Prime Industries Limited Subsidiary Linga Agri Raise fund at ₹330 Crore Pre-Money Valuation Linga Agri’s first fundraising tranche supports growth in advanced manufacturing and specialised engineering Synopsis Ludhiana, 17 October 2026: Linga Agri Trading and Machinery Private Limited (“Linga Agri”), in which Prime Industries Limited holds a majority stake as on date, has completed the first tranche of its fundraise at a pre- money valuation of ₹330 crore. The fundraise marks an important milestone in Linga Agri’s growth journey as it continues to strengthen its manufacturing capabilities and expand its presence across agricultural and industrial engineering applications, supported by Prime Industries’ strategic guidance, industry relationships, operational engagement and R&D support. About Linga Agri Trading and Machinery Private Limited Established in 2018, Linga Agri operates in advanced agricultural and industrial manufacturing, developing specialised machinery and engineering solutions for food processing, waste management, fabrication and precision engineering. Its project portfolio includes work associated with the Indian Space Research Organisation (ISRO), BEML, Tamil Nadu Agricultural University (TNAU), Royal Enfield and Hyundai, alongside government departments, agricultural institutions and municipal bodies. Linga Agri’s reported revenue increased from ₹19.27 crore in FY2024–25 to ₹84.47 crore in FY2025–26, while profit after tax rose from ₹3.17 crore to ₹15.04 crore. Prime Industries’ Strategic Engagement Prime Industries Limited is actively working across specialised engineering, advanced manufacturing, precision engineering, nuclear, defence, aerospace and emerging technologies on long-term projects alongside Linga Agri and Kay Bovet. Commenting on the company’s growth, Mr. Gowtham Sithaaarth, Managing Director of Linga Agri Trading and Machinery Private Limited, said: “At Linga Agri, together with Prime Industries Limited, our focus is on advancing precision engineering and driving innovation through specialised manufacturing solutions. By combining our manufacturing expertise with Prime Industries’ support in research and development, leadership and operations, we are strengthening our capabilities to develop innovative, high-quality solutions for evolving industrial and agricultural requirements. Our shared focus is on building advanced engineering capabilities and creating long-term value through specialised manufacturing.” About Prime Industries Limited Prime Industries Limited (BSE Scrip Code: 519299 | Scrip Symbol: PRIMIND) is an industrial growth company that works alongside Linga Agri and Kay Bovet across specialised engineering, advanced manufacturing and related industrial sectors. Prime Industries is supporting growth across areas such as defence, aerospace, nuclear, capital goods, specialised machinery and emerging technologies through its R&D, leadership and operational support. Website: www.primeindustrieslimited.com Disclaimer: The above article is for information purposes only and is not investment advice. Prime Industries Limited | Press Release Prime Industries Limited | Press Release