Prime Securities Limited — Others, 25-03-2025: Shareholders meeting

Prime Securities Limited has announced a board meeting on April 21, 2025, to discuss a proposed buyback of up to 6 lakh equity shares at a price of ₹305 each, totaling a maximum expenditure of ₹18.30 crore. This buyback represents 1.79% of the company's total equity shares. The goal is to return surplus cash to shareholders and potentially enhance earnings per share. If approved, the buyback is expected to positively impact shareholder value and improve return on equity. Investors should monitor the outcome of the EGM and any shifts in stock performance following this development.