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Board approved preferential issue of 27.3 lakh shares at Rs42 to raise Rs11.47cr, with Uday Narang to hold 11.32% and Kushal Muchhal 1%, plus authorised capital hike to Rs40cr, MOA expansion into autos, steel and nuclear/defence R&D, and director/CS changes. Context: new anchor after recent promoter sell-down.
Prime Industries Board Approves ₹11.47 Crore Preferential Issue At ₹42
Prime Industries Schedules September 20 Board Meet For Preferential Fund Raise
Prime Industries Promoters Sell 19.95 Percent Stake Reducing Holding To 6.11 Percent
Prime Industries Sees Runit Exim Acquire 11 Lakh Shares, 5.23%
Prime Industries Appoints Sanjiv Malik As Managing Director