Prakash Woollen & Synthetic Mills Ltd

Prakash Woollen & Synthetic Mills Ltd has announced the closure of its trading window for the quarter ended June 30, 2026. This closure, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, will be effective from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the said quarter. Promoters, directors, connected persons, and their immediate relatives are prohibited from trading in the company's securities during this period.

Prakash Woollen & Synthetic Mills Ltd announced the approval of its Audited Financial Statements (Standalone) for the fiscal year ended March 31, 2026. The Board of Directors, following a recommendation from the Audit Committee, gave its nod to the financial results for the quarter and year ended March 31, 2026. The company also confirmed that the Auditors' Reports accompanying these results carried unmodified opinions. The board meeting took place on May 30, 2026, from 12:30 p.m. to 1:30 p.m.

Prakash Woollen & Synthetic Mills Ltd has received an enhanced compensation of ₹6,48,05,244 from the National Highways Authority of India (NHAI). This compensation is related to land acquisition that occurred in the financial year 2019-20. The company had initiated proceedings for an increase in compensation, and the appellate authority ruled in their favor, awarding the enhanced amount. The filing confirms adherence to SEBI's Listing Obligations and Disclosure Requirements.

Prakash Woollen & Synthetic Mills Ltd's Board of Directors approved the audited standalone financial statements and results for the year ended March 31, 2026, following the Audit Committee's recommendation. The meeting, held on May 30, 2026, commenced at 12:30 p.m. and concluded at 1:30 p.m. Auditors' reports with unmodified opinions on the financial results are enclosed.

Prakash Woollen & Synthetic Mills Ltd. has announced its audited financial results (standalone) for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results on May 30, 2026, following a review by the Audit Committee. The auditors, Harshit Mehrotra and Associates, have issued an unmodified opinion on the financial results.

Prakash Woollen & Synthetic Mills Ltd has entered into a loan agreement with State Bank of India (SBI) on May 21, 2026, for ₹4.68 Crores. The loan, classified as WCTL (Working Capital Term Loan), will be used for working capital requirements. The interest rate is 8.65% or as decided by the bank, with a tenure of 5 years involving equated monthly installments. The agreement does not involve any shareholding or special rights for SBI.

Prakash Woollen & Synthetic Mills Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited standalone financial statements and financial results for the year and quarter ended March 31, 2026. The trading window, which was closed from April 1, 2026, will reopen 48 hours after the declaration of financial results.

Prakash Woollen & Synthetic Mills Ltd has announced the closure of its trading window for the quarter and year ended on 31.03.2026. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for Regulation, Monitoring and Prevention of Insider Trading. The trading window will remain closed from Wednesday, April 01, 2026 until 48 hours after the declaration and submission of the Audited Financial Results for the fourth quarter and year ended on 31st March, 2026. Promoters, Directors, Connected Persons/Designated Persons of the company and their immediate relatives are advised not to trade in the securities of the company during this period.

Prakash Woollen & Synthetic Mills Ltd, a company based in Moradabad, Uttar Pradesh, has received a subsidy of Rs. 3.85 Cr (Three Crore Eighty Five lacs only) from Handloom and Textile Directorate under the U.P. GOVT. Handloom, Power loom, Silk & Garmenting Policy -2017. The subsidy is a combination of Capital Subsidy (Rs.2.71Cr) and Interest Subsidy (Rs.1.14Cr). The purpose of the Capital Subsidy is for loan repayment. The Company Secretary, Sneha Agarwal, has requested that this information be taken on record.

Prakash Woollen & Synthetic Mills Ltd. has received a letter today regarding the grant of subsidy in connection with their expansion project. The subsidy, amounting to Rs. 3.97 Cr (Three Crore Ninety Seven lacs only), has been granted by the Handloom and Textile Directorate under the U.P. GOVT. Handloom, Power loom, Silk & Garmenting Policy -2017. The subsidy is divided into two parts: Capital Subsidy of Rs. 2.79 Cr and Interest Subsidy of Rs. 1.18 Cr. The purpose of the subsidy is to support the expansion project of the company. The company will disclose the actual amount received in due course.