Prime Fresh MD, chairman, board of directors and AGM
BSE: 540404Agricultural Food & other ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹158.05.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹213 Cr2,086th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 14.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 20 May 2026
- 2.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 18.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 19.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 20 May 2026
- 0.09
- Volume, BSEVolume. Shares traded on the last trading day.
- 38,461
Prime Fresh board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorJINEN CHANDRAKANT GHELANI
- Company Secretary and Compliance OfficerJASMIN JAYKUMAR DOSHI
7 directors3 independent2 executive2 non-executive
- JINEN CHANDRAKANT GHELANI · Chairperson and managing directorExecutive · joined Dec 2007 · reappointed Mar 2026 · 1 listed board · 1 committee seat
- HIREN CHANDRAKANT GHELANIExecutive · joined May 2011 · reappointed Mar 2026 · 1 listed board · 1 committee seat
- GAURAV MEENAIndependent · joined May 2021 · reappointed May 2025 · 61 months as independent · 1 listed board · 1 as independent
- GURMEET SINGH BHAMRAHNon-executive · joined Sep 2021 · 57 months as independent · 1 listed board
- SHAH KHYATI BHAVYAIndependent · joined Nov 2024 · 19 months as independent · 6 listed boards · 6 as independent · 8 committee seats, 4 as chair
- MAYUR THAKKARNon-executive · joined Apr 2019 · 86 months as independent · 1 listed board
- POPAT NISHIT BHARATBHAIIndependent · joined Feb 2026 · 4 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 3 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- RAVI RAGHAVA MENON, left 20 May 2026: Tenure Completion
- SHEKHAR MENNON, left 12 Dec 2025: Others
- BRIJESH KUMAR MISRA, left 28 Apr 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 20 May 20267 of 8 present4 independent · 70 days in between
- 10 Mar 20267 of 8 present3 independent · 32 days in between
- 5 Feb 20264 of 7 present2 independent
Audit Committee
Chair POPAT NISHIT BHARATBHAI
SHAH KHYATI BHAVYA, HIREN CHANDRAKANT GHELANI
- 30 Jun 20263 of 3 present2 independent · 13 days in between
- 16 Jun 20263 of 3 present2 independent · 26 days in between
- 20 May 20263 of 3 present2 independent · 70 days in between
- 10 Mar 20263 of 3 present2 independent · 32 days in between
1 earlier meeting
- 5 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SHAH KHYATI BHAVYA
MAYUR THAKKAR, POPAT NISHIT BHARATBHAI
- 23 May 20263 of 3 present2 independent · 106 days in between
- 5 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SHAH KHYATI BHAVYA
JINEN CHANDRAKANT GHELANI, POPAT NISHIT BHARATBHAI
- 20 May 20263 of 3 present2 independent · 103 days in between
- 5 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair JINEN CHANDRAKANT GHELANI and SHAH KHYATI BHAVYA
POPAT NISHIT BHARATBHAI
No meeting listed in the filing.
FINANCE COMMITTEE
Chair JINEN CHANDRAKANT GHELANI
HIREN CHANDRAKANT GHELANI, SHAH KHYATI BHAVYA
- 30 Mar 20263 of 3 present1 independent · 33 days in between
- 24 Feb 20263 of 3 present1 independent · 21 days in between
- 2 Feb 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s O.P. Bhandari & Co.Peer-review certificate valid to Sep 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Prime Fresh AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Prime Fresh dividend history
Annual general meeting, 19 Aug 2026
1,660 shareholders on the register on 12 Aug 2026; present: 9 promoters and 19 others; votes counted by UMESH VED / UMESH VED & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 including the Statement of Profit and Loss and the Cash flow statement together with the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.06% · promoters 100.00% · institutions 0.00% · other public 14.84%
- APPOINTMENT OF MR. GURMEET SINGH BHAMRAH (DIN: 02527135), NON-EXECUTIVE DIRECTOR WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENTOrdinary97.79% for2.21% against
Against: promoters 0.00% · institutions 0.00% · other public 17.52%
Turnout: all 58.06% · promoters 100.00% · institutions 0.00% · other public 14.84%
- APPOINTMENT OF STATUTORY AUDITORS AND TO FIX THEIR REMUNERATIONOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.06% · promoters 100.00% · institutions 0.00% · other public 14.84%
- APPOINTMENT OF MR. SANJIV SWARUP (DIN: 00132716) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial97.79% for2.21% against
Against: promoters 0.00% · institutions 0.00% · other public 17.52%
Turnout: all 58.06% · promoters 100.00% · institutions 0.00% · other public 14.84%
- APPROVAL OF RELATED PARTY TRANSACTIONOrdinaryPromoters have an interest in it82.48% for17.52% against
Against: promoters 0.00% · institutions 0.00% · other public 17.52%
Turnout: all 7.31% · promoters 0.00% · institutions 0.00% · other public 14.84%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTION WITH FLORENS FARMING LIMITED (FORMERLY KNOWN AS FLORENS FARMING PRIVATE LIMITED) FOR THE FINANCIAL YEAR 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 7.31% · promoters 0.00% · institutions 0.00% · other public 14.84%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTION WITH MATERIAL RELATED PARTY TRANSACTION WITH FLORENS FRESH SUPPLY SOLUTIONS PRIVATE LIMITED FOR THE FINANCIAL YEAR 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 7.31% · promoters 0.00% · institutions 0.00% · other public 14.84%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTION WITH MATERIAL RELATED PARTY TRANSACTION MR. JINEN GHELANI, (DIN: 01872929) MANAGING DIRECTOR FOR THE FINANCIAL YEAR 2026-27OrdinaryPromoters have an interest in it82.48% for17.52% against
Against: promoters 0.00% · institutions 0.00% · other public 17.52%
Turnout: all 7.31% · promoters 0.00% · institutions 0.00% · other public 14.84%
- . APPROVAL OF MATERIAL RELATED PARTY TRANSACTION WITH MR. HIREN GHELANI, (DIN: 02212587) WHOLE-TIME DIRECTOR FOR THE FINANCIAL YEAR 2026-27.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 7.31% · promoters 0.00% · institutions 0.00% · other public 14.84%
- MAKE LOAN(S) AND TO GIVE GUARANTEE(S), PROVIDE SECURITY (IES) OR MAKE INVESTMENT(S) IN EXCESS OF THE PRESCRIBED LIMIT UNDER SECTION 186 OF THE COMPANIES ACT, 2013Special99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.84%
Turnout: all 58.06% · promoters 100.00% · institutions 0.00% · other public 14.84%
- APPROVE INCREASE IN BORROWING LIMITS UNDER SECTION 180(1)(C) OF THE COMPANIES ACT, 2013 ("ACT")Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.06% · promoters 100.00% · institutions 0.00% · other public 14.84%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesFeb 2026 | – | – | – | No | |
| Preferential IssuesFeb 2026 | – | – | – | No | |
| Preferential IssuesMar 2026 | – | – | – | No |