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

Prime Fresh Limited has announced a board meeting on which the Finance Committee approved the allotment of 9.6 lakh convertible warrants to promoter Mr. Hiren Chandrakant Ghelani at Rs 164 each on a preferential basis. The company has received 25% of the subscription amount and the warrants will convert into an equal number of equity shares within 18 months. This allotment raises funds of about Rs 15.74 Cr and supports the company’s capital structure without immediate change in paid-up share capital, potentially aiding future growth or expansion plans.