PRAKASH INDUSTRIES LTD.

Prakash Industries Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from October 1st, 2026, until 48 hours after the board meeting scheduled to consider the financial results for the period ending September 30th, 2026. This measure is standard practice to prevent potential insider trading before the official announcement of financial performance.

Prakash Industries Ltd has received the Consent to Operate (CTO) from the Chhattisgarh Environment Conservation Board (CECB) for expanding its Bhaskarpara Coal Mine production capacity. The expansion will increase the capacity from 1.0 MTPA to 1.2 MTPA. This approval follows the Environmental Clearance granted by the Ministry of Environment, Forest and Climate Change.

Prakash Industries Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as required by SEBI regulations. The report details the company's corporate identity, operational structure, employee data, and market presence. Key disclosures include its incorporation year (1980), registered office in Hissar, and corporate office in New Delhi. The company primarily operates in the Metal & Metal products industry, with manufacturing activities contributing 95.82% of its turnover. It serves B2B customers, mainly secondary steel manufacturers. The report also outlines employee statistics, including permanent and non-permanent staff, and details on differently-abled employees and workers. Participation of women in leadership roles is also disclosed.

Prakash Industries Ltd has released its Annual Report for FY 2025-26, reporting a Profit After Tax (PAT) of ₹333.14 crores, a decrease from ₹355.45 crores in the previous fiscal year. Net sales stood at ₹3478.66 crores, down from ₹4014.35 crores. However, EBITDA margin improved to 15.6% from 13.6%. The company achieved its coal extraction target of 1 Mn tonnes from its Bhaskarpara Coal Mine and plans to increase this to 1.2 Mn tonnes in FY2027. The Board has recommended a dividend of ₹1.80 per equity share, amounting to approximately ₹32.23 crores, subject to shareholder approval.

Prakash Industries Ltd has announced September 16, 2026, as the record date for determining shareholder eligibility for the final dividend. The dividend payout is ₹1.80 per equity share, representing 18% of the face value of ₹10, for the financial year 2025-26. This dividend was recommended by the Board of Directors on May 22, 2026. The company's 45th Annual General Meeting (AGM) is scheduled for September 30, 2026, to be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Shareholders can cast their votes remotely through e-voting from September 27 to September 29, 2026. The record date for e-voting eligibility is September 23, 2026.

Prakash Industries Ltd has announced its 45th Annual General Meeting (AGM) will be held on September 30, 2026, at 12:30 PM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with MCA and SEBI guidelines. Members can participate through remote e-voting from September 27 to September 29, 2026. The record date for determining eligibility for the final dividend of ₹1.80 per equity share (18%) for FY 2025-26 is September 16, 2026. The dividend was recommended by the Board of Directors on May 22, 2026.

Prakash Industries Ltd. announced the appointment of ten new Senior Management Personnel (SMP) following a Board of Directors meeting held on August 11, 2026. The appointments, effective immediately, include Executive Directors in Corporate Affairs, Plant Head, Commercial, and Accounts & Taxation, along with Presidents, Vice Presidents, and a General Manager across various divisions. The company also approved the financial results for the quarter ended June 30, 2026, and recommended the appointment of SGAJ & Associates as new statutory auditors.

Prakash Industries Ltd. announced the appointment of M/s. SGAJ & Associates, Chartered Accountants, as its new Statutory Auditors. This appointment follows the conclusion of the second term of the existing auditors, Chaturvedi and Co. LLP, at the upcoming 45th AGM on September 30, 2026. SGAJ & Associates will serve for a period of five consecutive years, from the conclusion of the 45th AGM until the 50th AGM in FY 2031-32. The board also approved the unaudited financial results for the quarter ended June 30, 2026, reporting a profit after tax of ₹7,127, and appointed new Senior Management Personnel.

Prakash Industries Ltd announced the appointment of M/s. SGAJ & Associates, Chartered Accountants, as its new Statutory Auditors for a term of 5 years, commencing from the conclusion of the 45th AGM on September 30, 2026. This appointment follows the completion of the second term of the existing auditors, Chaturvedi and Co. LLP. The company also reported its unaudited financial results for the quarter ended June 30, 2026, with revenue from operations at ₹1,03,200 and profit after tax at ₹7,127. Additionally, the Board approved the inclusion of ten officials into the Senior Management Personnel category.

Prakash Industries Limited reported financial results for the quarter ended June 30, 2026. Net sales were ₹1032 Crores, a slight decrease from ₹1037 Crores in the same quarter last year. EBITDA increased to ₹154 Crores from ₹144 Crores, improving the EBITDA margin to 14.9% from 13.9%. However, Profit After Tax (PAT) declined to ₹71 Crores from ₹91 Crores, primarily due to the company opting for the new tax regime from April 1, 2026, making the section 80-IA tax exemption unavailable. The company extracted 3.3 lac MT of coal from its Bhaskarpara Coal Mine and targets 1.2 Mn tonnes for the current financial year.