Prime Industries Ltd — Updates, 03-05-2025: Company Update

Prime Industries has announced a board meeting on the financial results for the quarter and half-year. The company received trading approval from BSE for 53.5 lakh equity shares allotted upon conversion of convertible warrants at a premium of Rs. 8 per share. Trading for these shares started recently, with 20 lakh shares locked up until November 2026 and 51.5 lakh shares locked up until November 2025. This issuance enhances the company’s equity base, potentially supporting future growth and liquidity.