Primech Holdings holds annual shareholder meeting
PMEC•Primech Holdings shareholders approved all resolutions at the October 14, 2026 annual general meeting, including share-consolidation authority, on-market repurchases of up to 20% of issued Ordinary Shares and share-issuance authorizations.
1. Resolutions approved
Shareholders authorized directors to consolidate Ordinary Shares and Class B Preference Shares at identical ratios ranging from 2-for-1 to 200-for-1, and to repurchase up to 20% of issued Ordinary Shares, excluding treasury shares and subsidiary holdings. They also approved issuing Ordinary Shares, including under the Primech 2025 Employee Incentive Plan, and issuing Kin Wai Ho Class B Preference Shares equivalent to up to 10% of issued Ordinary Shares.
