Prima Industries Ltd. Approves Sale of Flat, Loan Closure, and Employee Gratuity Trust

Prima Industries Ltd. Approves Sale of Flat, Loan Closure, and Employee Gratuity Trust

Prima Industries Ltd. Approves Sale of Flat, Loan Closure, and Employee Gratuity Trust​

Prima Industries Ltd. held its Board of Directors meeting on April 28, 2026, during which the Board considered and approved several key corporate actions.

The Board meeting approved the following material items of business:

  • Sale or Assignment of Flat (Guest House Property) prior to possession.
  • Closure of a Loan availed by the Company from ICICI Bank, Kalamassery, Ernakulam, concerning the aforementioned Flat.
  • Creation of an Employee's Group Gratuity Trust.
  • Other items of business as outlined in the Agenda.

Stock Price Movement​

At the close of trade today, Prima Industries Ltd. settled at ₹16.90, ticking up 4.32%. The shares saw considerable intraday movement, ranging from a low of ₹16.20 all the way up to ₹17.00.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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