Prime Fresh Ltd — Others, 15-04-2025: AGM/EGM

Prime Fresh Limited has announced a board meeting on the migration of its equity shares from the SME platform of BSE to the main board of the National Stock Exchange (NSE). This transition aims to increase liquidity, enhance market visibility, and attract broader investor participation, positively impacting the company's brand recognition.

Additionally, the company proposes the issuance of up to 9,60,000 fully convertible warrants to a promoter on a preferential basis, raising an expected ₹15.60 crore (cr). These warrants will be convertible into equity shares within 18 months, strengthening the financial position for working capital and potential expansions.

The board also seeks to re-appoint Mr. Gaurav Meena as an independent director for another five-year term, reflecting confidence in his expertise and contribution to governance. This collective strategy is anticipated to bolster investor sentiment by reinforcing the company's growth trajectory and governance standards.