
Board Meeting12 May 2026, 04:18 pm
Prabhu Steel to Alter MOA, Sets EOGM for June 3, 2026
AI Summary
Prabhu Steel Industries Ltd's board approved altering the Objects Clause of the Memorandum of Association, subject to shareholder approval. The company will insert a new sub-clause 49 after existing sub-clauses 4 to 48 of Clause III (B). An Extra Ordinary General Meeting (EOGM) is scheduled for June 3, 2026, to seek shareholder approval. The board also approved the EOGM's calendar of events and appointed M/S Jaymin Modi & Co as the scrutinizer. The cut-off date for voting rights is set, with e-voting commencing on May 30, 2026, and closing on June 2, 2026.
Key Highlights
- Prabhu Steel to alter Objects Clause of Memorandum of Association.
- EOGM scheduled for June 3, 2026, to approve MOA alteration.
- Jaymin Modi & Co appointed as EOGM scrutinizer.
- E-voting to commence May 30, 2026, and close June 2, 2026.
Price Impact
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