Prime Securities Ltd

AGM Details

• 43rd AGM held September 29, 2026 at 3:30 p.m. IST via two-way VC/OAVM.
• Quorum present; no physical attendance; proxies not applicable except corporate representatives.

Key Resolutions

• Item 1: Adoption of standalone and consolidated financial statements for the year ended March 31, 2026.
• Item 2: Re-appointment of Sujit Kumar Varma, non-executive and non-independent director, retiring by rotation.
• Voting results: not disclosed in the proceedings; results to be posted on company site.

Director Changes

• Re-appointment of Sujit Kumar Varma as director.
• No other director changes reported.

ESOP Allotment

• Nomination & Remuneration Committee approved allotment of 15,000 equity shares to eligible employees under ESOP 2018.
• Paid-up capital now Rs 16,98,76,625 comprising 3,39,75,325 shares of Rs 5.

Financial snapshot

• Consolidated revenue from operations: ₹12,768 lakh in FY26, ₹7,980 lakh in FY25.
• Consolidated total income: ₹13,799 lakh in FY26, ₹8,940 lakh in FY25.
• PAT including OCI: ₹3,945 lakh in FY26, ₹5,065 lakh in FY25.
• Consolidated EPS: Basic ₹3.91; Diluted ₹3.81.
• Consolidated net worth: ₹256.44 crore as of 31 Mar 2026.
• Market cap: ₹916.33 crore as of 31 Mar 2026.
• FY26 dividend declared: none.

Wealth and asset management

• PTWL FY26 revenue: ₹21.48 crore; PAT (OCI) ₹(17.65) crore.
• PTWL assets under management around ₹3,500 crore; 850+ clients; 9 locations.
• PTWL stake held by group: 73.48% on a fully diluted basis.
• Prime Litmus received SEBI registration Jan 6, 2026; Real Estate AIF to launch in FY27.

Subsidiaries and key subsidiaries

• PRAL revenue ₹6.586 crore; PAT ₹2.341 crore in FY26.
• Ark Neo Financial Services: associate, 41.68% holding.
• Subsidiaries include PRAL, PTWL, PMCL (Dubai), PAPL (UK).

International footprint

• Acquired 97.83% stake in Prime Advisory Partners Limited (UK).
• capitalised PRAL Management Consultancies LLC (Dubai).
• PGAM Singapore was struck off; not a subsidiary.

Capital structure and liquidity

• Paid-up equity capital: ₹1,695 lakh; 277,500 new shares issued in FY26.
• Consolidated net debt: negative ₹2.10 crore; net debt-to-equity −0.82%.
• Borrowings: ₹151 lakh; cash and bank balances: ₹469 lakh (group-wide).

Governance and controls

• Board comprises MD & Group CEO N. JAYAKUMAR; Independent Directors: A. Kacker, M. Malik, S. Bhatkal.
• Six Board meetings in FY26; independent directors held a separate meeting.
• Statutory and secretarial audits conducted; no material qualifications reported.

CSR, ESG and governance disclosures

• CSR expenditure FY26: ₹0.43 crore; required ₹0.384 crore; overspend carry-forward ₹0.27 crore.
• CSR policy available on company website; CSR projects disclosed in Annexures.

Outlook and risk factors

• Management sees opportunities across advisory, wealth, asset management, and international platforms.
• Risks include regulatory changes, macroeconomic shifts, and cyber-security costs.
• Balance sheet strength and risk discipline support long-term value creation.

Key operational and market context

• Disaggregation of revenue shows India ₹11,552 lakh and Outside India ₹1,216 lakh.
• Consolidated ARR and cross-sell potential across advisory, wealth, and asset management.
• Overseas footprint aims to connect Indian and global capital pools.

AGM Details

• The 43rd AGM will be held on Sep 29, 2026 at 3:30 PM IST via VC/OAVM.

Ordinary Business

• Adoption of standalone and consolidated financial statements for FY ended March 31, 2026.
• Re-appointment of Sujit Kumar Varma as director, who retires by rotation.

Processing status

• Dematerialisation requests processed; confirmations sent to depositories; securities listed on exchanges.
• Physical certificates for dematerialisation mutilated, cancelled, and depositories substituted as registered owner within timelines.