Praveg Ltd

Praveg Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended. The trading window will be shut from July 1, 2026, to facilitate the consideration and approval of the unaudited financial results for the quarter ended June 30, 2026. The window will reopen 48 hours after the declaration of these financial results. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.

Praveg Ltd has announced that a meeting convened by the National Company Law Tribunal (NCLT) will be held on July 18, 2026. This meeting, to be conducted via video conferencing, is to consider and approve a Scheme of Arrangement between Praveg Limited and Eulogia Inn Private Limited. The meeting will include remote e-voting from July 15 to July 17, 2026, with a cut-off date of July 11, 2026, for eligible equity shareholders. The notice and scheme details are available on the company's website and stock exchange platforms.

Praveg Ltd has received a favorable order from the Appellate Authority regarding a GST dispute. Initially, the Deputy State Tax Office had raised a demand of ₹17,83,112. Praveg Ltd appealed this order, and the Appellate Authority has now substantially allowed the appeal, reducing the company's liability to ₹20,000. This significant reduction in tax liability is a positive development for the company.

Praveg Ltd has announced the conclusion of a Goods and Services Tax (GST) litigation concerning the alleged wrongful availment of Input Tax Credit (ITC) for property construction. The company had previously disclosed a potential financial implication of up to Rs. 2,46,55,446/-. The Office of the Assistant Commissioner has now passed an order concluding the proceedings, stating that no tax demand, interest, or penalty has been imposed on the company. The matter is now disposed of with a nil financial implication.

Praveg Ltd reports its audited financial results for Q4 and the 12 months of FY26. Consolidated total income for FY26 rose by 38.99% to ₹242.44 Cr. Standalone total income increased by 32.64% to ₹184.75 Cr. However, the company reported a consolidated net loss of ₹9.97 Cr for FY26, compared to a net profit of ₹16.05 Cr in FY25. The company received a Letter of Award from the Government of Meghalaya for a tourism project.

Praveg Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. A final dividend of ₹0.50 (5%) per equity share has been recommended. Additionally, 5076 stock options were granted to eligible employees under the ESOP 2024 plan. The Audit Committee was reconstituted with the admission of Ms. Pooja Khakhi as a member. The company will also apply for listing on the National Stock Exchange of India Limited (NSE).

Praveg Ltd's board approved the audited financial statements for FY26 and recommended a final dividend of ₹0.50 per share. They also granted 5076 stock options to employees under the ESOP 2024 plan, reconstituted the Audit Committee, and decided to apply for listing on the National Stock Exchange of India Limited (NSE).

Praveg Ltd has received an order from the Goods and Services Tax (GST) Authorities under Section 129(3) of the Central Goods and Services Tax Act, 2017, imposing a penalty of ₹3,67,272 for alleged violations related to the transportation of taxable goods without proper documents. The company received the order on May 23, 2026, and is in the process of filing an appeal against it.

Praveg Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the standalone and consolidated audited financial results for the year ended March 31, 2026. The board will also consider recommending a final dividend on equity shares and approving the grant of options to eligible employees under Praveg’s ESOP 2024. The trading window remains closed until 48 hours after the declaration of the audited financial results.

Praveg Ltd has responded to a clarification sought by BSE Surveillance regarding unusual price movement in its shares. The company confirmed that it has intimated and disclosed all information required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable regulations. Praveg further stated that there is currently no pending announcement or information considered price-sensitive, nor any proposal or discussion within the company or before the Board of Directors that would necessitate disclosure under SEBI regulations.