Prime Securities Ltd. — Capital/Financing Update 2025

Jan 21, 2025

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January 21, 2025

Corporate Relationship Department Capital Markets - Listing BSE Limited National Stock Exchange of India Limited Pahiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra Kurla Complex, Fort, Mumbai 400001 Bandra (East), Mumbai 400051

Dear Sir,

Sub: Disclosure in terms of Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Re: Stock Code: 500337 (BSE) / PRIMESECU (NSE)

Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, a Statement of Nil Deviation / Variation in utilization of funds raised for the Quarter ended December 31, 2024, is submitted herewith.

This is for your information and records.

Thanking you,

Yours faithfully,

For Prime Securities Limited

Digitally signed by AJAY JITENDRA SHAH DN: c=IN, st=Maharashtra, AJAY 2.5.4.20=4be8a988c56361f41909ef793daf3cb49 85e4383b710be464a65d904b0f7da05, postalCode=400018, street=The Park Mumbai Worli, JITENDRA pseudonym=9cbd85102c8a4fd0a1de2be0686f1 1c8, title=5242, serialNumber=9a13513ed2ea20e7ec46a73b943 cce325b1faebc3db3fa7b02504130a94e7d06, SHAH o=Personal, cn=AJAY JITENDRA SHAH Date: 2025.01.21 13:46:16 +05'30' Ajay Shah Company Secretary (ACS-14359)

Prime Securities Limited 1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400021 CIN: L67120MH1982PLC026724 www.primesec.com

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Tel : +91-22-6184 2525 Fax : +91-22-2497 0777

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Statement of Deviation or Variation in utilization of funds raised

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Name of listed entity Prime Securities Limited
Mode of Fund Raising Preferential Issue
Date of Raising Funds November 12, 2021 to November 16, 2021
Amount Raised Rs. 40.38 Crore
Report filed for Quarter ended December 31, 2024
Monitoring Agency
Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of No
funds raised
If yes, whether the same is pursuant to change
in terms of a contract or objects, which was
approved by the shareholders Not Applicable
If yes, date of shareholder approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after Statement as on December 31, 2024, was placed before the
review Audit Committee at its Meeting held on January 21, 2025
Comments of the Auditors, if any None
Objects for which funds have been raised Not Applicable
and where there has been a deviation, in the
following table
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Original Object	Modified Object, if any	Original Allocation	Modified allocation, if any	Funds Utilised	Amount of Deviation / Variation for the quarter according to applicable object	Remarks if any
Making investments in one or more digitally powered platforms or marketplace;	a) Making investments in one or more digitally powered platforms or marketplace; b) Making investments in one or more companies involved in financial services / manufacturing and distribution of financial products, mutual fund products, Alternate Investment Funds (AIFs), Wealth Management and Portfolio Management products / products involving	Rs. 40.38 Cr.	Rs. 40.38 Cr.	Rs. 39.31 Cr.	Nil	Not Applicable

Prime Securities Limited

1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400021 CIN: L67120MH1982PLC026724 www.primesec.com

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Tel : +91-22-6184 2525 Fax : +91-22-2497 0777

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financial inclusion and general corporate purposes; c) Making investments in office infrastructure; d) General corporate purposes not exceeding exceed INR 1,000 lakhs, being less than 25% of the total funds raised.

Deviation or Variation could mean:

• a) Deviation in the objects or purposes for which the funds have been raised

• b) Deviation in the amount of funds actually utilized as against what was originally disclosed or

c) Change in terms of a contract referred to in the fund-raising document i.e., prospectus, letter of offer, etc.

For Prime Securities Limited

Digitally signed by AJAY JITENDRA SHAH DN: c=IN, st=Maharashtra, AJAY 2.5.4.20=4be8a988c56361f41909ef793daf3cb4 985e4383b710be464a65d904b0f7da05, postalCode=400018, street=The Park Mumbai Worli, JITENDRA pseudonym=9cbd85102c8a4fd0a1de2be0686f 11c8, title=5242, serialNumber=9a13513ed2ea20e7ec46a73b94 3cce325b1faebc3db3fa7b02504130a94e7d06, SHAH o=Personal, cn=AJAY JITENDRA SHAH Date: 2025.01.21 13:46:56 +05'30' Ajay Shah Company Secretary (ACS-14359)

Mumbai, January 21, 2025

Prime Securities Limited

1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400021 CIN: L67120MH1982PLC026724 www.primesec.com

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Tel : +91-22-6184 2525 Fax : +91-22-2497 0777