Prospect Commodities Ltd

Prospect Consumer Products Ltd has responded to a BSE query regarding a significant price movement in its securities. The company stated that it has disclosed all material events and price-sensitive information as per SEBI regulations. They clarified that there are no pending announcements that require disclosure and that the price movement is purely market-driven, with no material reason attributable to the company.

Prospect Consumer Products Ltd confirms no deviations or variations in the use of proceeds from the preferential issue of equity shares (on conversion of warrants) and warrants for the half year ended March 31, 2026. The funds were raised on October 10, 2025, and December 8, 2025, totaling ₹4,62,59,680. The Audit Committee reviewed and found no issues. The funds were allocated towards long-term growth requirements, capital expenditure, and general corporate purposes, with full utilization according to the applicable objects.

Prospect Consumer Products Limited (PCL) reported strong financial performance for FY26, with Total Income reaching ₹57.62 Crores, an 85.14% Year-over-Year (YoY) growth. Operating profitability also improved, with EBITDA increasing by 48.34% YoY to ₹6.31 Crores, and Profit After Tax (PAT) growing 14.76% YoY to ₹2.46 Crores. The company increased its capacity utilization to 2,500-3,000 MT and strategically expanded its B2C product portfolio to include dried berries and seeds. PCL has also listed on the Hyperpure digital platform to enhance market penetration. Management aims for a 40-45% CAGR over the next three years, focusing on supply chain optimization and B2C expansion.

Prospect Consumer Products Ltd has reappointed M/s. Sweta Patel & Associates, Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The reappointment was approved by the Board of Directors on May 27, 2026. Sweta Patel & Associates has over 12 years of experience in audit and taxation.

Prospect Consumer Products Ltd has reappointed M/s. Kadambari Dave & Associates as the Secretarial Auditor for the financial year 2025-26. The reappointment was approved by the Board of Directors in their meeting held on May 27, 2026. M/s. Kadambari Dave & Associates, a Company Secretary firm, will conduct the Secretarial Audit. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Prospect Consumer Products Ltd has announced its audited financial results for the half year and year ended March 31, 2026. The board of directors approved the results on May 27, 2026. The company reappointed M/s. Kadambari Dave & Associates as Secretarial Auditor for FY26 and M/s. Sweta Patel & Associates as Internal Auditor for FY27. The statutory auditors provided an unmodified opinion on the audited financial results.

Prospect Consumer Products Ltd's board meeting on May 27, 2026, approved the audited financial results for the half year and year ended March 31, 2026. The board also approved the reappointment of M/s. Kadambari Dave & Associates as Secretarial Auditor for FY26 and M/s. Sweta Patel & Associates as Internal Auditor for FY27. The Statutory Auditors gave an Unmodified Opinion on the Audited Financial Results.

Prospect Consumer Products Ltd has scheduled a Board of Directors meeting on May 27, 2026, to consider and approve the audited financial results for the half year and year ended March 31, 2026. The meeting will be held at the company's registered office in Ahmedabad. The trading window will be closed for insiders and will open 48 hours after the financial results are declared.

Prospect Consumer Products Ltd clarified that all material events and price-sensitive information have been disclosed as per SEBI regulations. The company stated there are no pending announcements requiring disclosure and believes the price movement is purely market-driven, with no material reason known to the company.

Prospect Consumer Products Ltd has announced the closure of the trading window for all designated persons and their immediate relatives. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for Prohibition of Insider Trading. The trading window will remain closed from 1st April, 2026 until the end of 48 hours after the declaration of the audited financial results for the half year and financial year ended on 31st March, 2026 to the Stock Exchange.