Prime Fresh Ltd — Updates, 11-06-2025: Company Update

Prime Fresh Limited has announced a Finance Committee meeting outcome approving the allotment of 9.6 lakh convertible warrants to promoter Mr. Hiren Chandrakant Ghelani at an issue price of Rs 164 each, totaling Rs 15.74 Cr. The company has received 25% of the subscription amount, with warrants convertible into equal equity shares within 18 months. This preferential allotment strengthens promoter holding and supports planned funding without immediate changes to paid-up capital, indicating a strategic capital raise to back business growth.