Prime Fresh Ltd Appoints Sanjiv Swarup as Additional Non-Executive Independent Director
Prime Fresh Ltd has appointed Mr. Sanjiv Swarup as an Additional Non-Executive Independent Director. The appointment, which was approved by the Board of Directors, is effective from July 15, 2026.The company announced that Mr. Swarup will serve for a term of five consecutive years, commencing on July 15, 2026, and concluding on July 14, 2031. This appointment is subject to the approval of members at the ensuing Annual General Meeting.
Mr. Sanjiv Swarup brings extensive experience in financial services, governance, and strategic advisory, with over four decades of professional involvement. He has served on the boards of several listed and unlisted entities, possessing deep exposure to regulated financial institutions such as NBFCs and technology enabled finance platforms. Furthermore, his senior executive roles, including Managing Director, Whole-time Director, and Chief Executive Officer, provide him with a strong operational understanding of financial discipline, business sustainability, and stakeholder value creation.
The appointment details and director relationship information are summarized below:
| Particulars | Details |
|---|---|
| Director Name | Sanjiv Swarup (DIN: 00132716) |
| Designation | Additional Non-Executive Independent Director |
| Effective Date | July 15, 2026 |
| Term Length | Five consecutive years |
| End Date | July 14, 2031 |
Regarding corporate relationships, the company confirmed that there are no inter-se relations between Mr. Sanjiv Swarup and the other Members of the Board. Additionally, he is not debarred from holding the office of Director by any SEBI order or similar authority.
Stock Price Movement
Prime Fresh Ltd shares settled on Wednesday, slipping 1.03% to close at ₹201.60. The stock saw a wide intraday swing, trading between a low of ₹196.05 and a high of ₹208.70.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.