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Prakash Industries share news, announcements and annual reports

NSE: PRAKASHBSE: 506022Ferrous MetalsSmall Cap

Prakash Industries Limited · Face value ₹10 · Listed Aug 1981 on BSE, May 1995 on NSE
Last close ₹113.71up ₹1.43 (1.27%)BSE ₹114.20

Share price at the NSE close on 2 Nov 2026. Previous close ₹112.28.

2 Nov: open ₹111.55, high ₹115.46, low ₹111.55

52-week range of traded prices to 2 Nov 2026
₹110.02Low, 26 Oct 2026₹172.90High, 3 Nov 2025
Market cap
₹2,036 Cr1,080th largest listed
P/E
6.51
P/B
0.57
Dividend yield
1.58%
ROE
9.1%
ROCE
8.6%
Debt to equity
0.14
Volume, NSE
2,94,310

Prakash Industries share news and announcements

751 announcements, routine notices left out, newest first. Page 14 of 16.

  1. May 2010

    • 19 May · Board meeting

      To consider, inter alia, Audited Financial Results for the year ended March 31, 2010.
    • 18 May · Business

      Company has received notice from FCCB holder for conversion of 13 Nos. bonds (US$ 1,00,000 each) in to 3,56,200 Nos. equity shares of Rs.10/- each of the Company. Accordingly, the FCCB Conversion Committee of the Board of Directors of the Company in its meeting held on May 15, 2010 has allotted 3,56,200 equity shares pursuant to conversion of 13 Nos. bonds.
    • 4 May · Results

      Company would be filing audited results for the year ending March 31, 2010 on or before May 30, 2010 instead of filing the unaudited quarterly results for the quarter ending March 31, 2010.
  2. Apr 2010

    • 29 Apr · Foreign Currency Convertible Bonds

      Prakash Industries Limited (the "Company") on 29th April 2010 has successfully priced the Foreign Currency Convertible Bonds ("FCCB") issuance for an amount of USD 60 million. The FCCBs having a maturity of 5 years and 1 day are convertible at an initial conversion price of Rs.235 per share (adjusted from time to time, as may be applicable). The FCCBs are proposed to be listed on the Singapore Exchange Securities Trading Ltd., subject to their approval. The issue of FCCBs is subject to customary closing conditions. Elara Capital PLC, London was the Lead Manager, Global Coordinator and Book runner to the Issue
    • 23 Apr · Foreign Currency Convertible Bonds

      With reference to the recommendation of the Board of Directors of Prakash Industries Limited (the "Company") at its meeting held on 4th July, 2009 and as approved by the shareholders at the Annual General Meeting of the Company held on 1st August, 2009 to issue of FCCBs / ADRs / GDRs / Equity Shares or any other securities convertible into Equity Shares for an amount not exceeding Rs.500 crores. Accordingly, the Company had in the month of October' 2009, issued FCCBs aggregating to Rs.233 crores. The Board of Directors of the Company in their meeting held on 23rd April, 2010 has now approved the issue of Foreign Currency Convertible Bonds "FCCBs" to be listed on the Singapore Exchange Securities Trading Ltd. for the balance amount upto Rs.267 crores or its equivalent in US Dollars and has decided to open the issue on 26th April, 2010. Elara Capital PLC, London is the Sole Lead Manager and Book Runner for the issue.
    • 19 Apr · Allotment of Equity Shares

      The Company has received notice from FCCB holder for conversion of 8 Nos. bonds (US$ 1,00,000 each) in to 2,19,200 Nos. equity shares of Rs.10/- each of the Company. Accordingly, the Allotment Committee of the Board of Directors of the Company in its meeting held on 17th April, 2010 has allotted 2,19,200 equity shares pursuant to conversion of 8 Nos. bonds
    • 9 Apr · Board meeting

      To consider and decide the date of opening of the issue of Foreign Currency Convertible Bonds and ratify the appointment of Elara Capital Plc, London as the Sole Lead Manager and Book Runner for the issue.
  3. Mar 2010

    • 30 Mar · Allotment of Equity Shares

      Company has received notices from FCCB holders for conversion of 32 Nos. bonds (US$ 1,00,000 each) in to 8,76,800 Nos. equity shares of Rs. 10/- each of the Company. Accordingly, the Allotment Committee of the Board of Directors of the Company in its meeting held on March 27, 2010 has allotted 8,76,800 equity shares pursuant to conversion of 32 Nos. bonds.
    • 3 Mar · Allotment of Equity Shares

      Company has received notices from FCCB holders for conversion of 12 Nos. bonds (US$ 1,00,000 each) in to 3,28,800 Nos. equity shares of Rs. 10/- each of the Company. Accordingly, Allotment Committee of the Board of Directors of the Company in its meeting held on February 27, 2010 has allotted 3,28,800 equity shares pursuant to conversion of 12 Nos. bonds.
  4. Feb 2010

    • 17 Feb · Disclosure

      Disclosure under Regulation 8A(4) of SEBI (Substantial Acquisition of Shares and Takeover (Amendement)] Regulations, 1997. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 9 Feb · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  5. Jan 2010

    • 28 Jan · Business

      Press release dated January 28, 2010, titled "Prakash Industries Limited -Q3FY10 Financial Performance Profit After Tax up 78% at Rs.66 crore". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 20 Jan · Board meeting

      To consider, interalia, Unaudited Financial Results with Limited Review for the quarter ended December 31, 2010.
    • 18 Jan · Allotment of Equity Shares

      Company has received notices from FCCB holders for conversion of 89 Nos. bonds (US$ 1,00,000 each) in to 24,38,600 Nos. equity shares of Rs. 10/- each of the Company. Accordingly, Allotment Committee of the Board of Directors of the Company in its meeting held on January 16, 2010 has allotted 24,38,600 equity shares pursuant to conversion of 89 Nos. bonds.
    • 18 Jan · Allotment of Equity Shares

      Company has received a notice from FCCB holder for conversion of 65 Nos. bonds (US$ 1,00,000 each) in to 17,81,000 Nos. equity shares of Rs. 10/- each of the Company. Accordingly, Allotment Committee of the Board of Directors of the Company in its meeting held on January 15, 2010 has allotted 17,81,000 equity shares pursuant to conversion of 65 Nos. bonds.
  6. Dec 2009

    • 7 Dec · Allotment of Equity Shares

      Company has received a notice from FCCB holder for conversion of 25 Nos. bonds (US$ 1,00,000 each) in to 6,85,000 Nos. equity shares of Rs. 10/- each of the Company. Accordingly, Allotment Committee of the Board of Directors of the Company in its meeting held on December 05, 2009 has allotted 6,85,000 equity shares pursuant to conversion of 25 Nos. bonds.
    • 1 Dec · Management

      Shri D. Singh, Whole-time Director of the Company has resigned from the Board of the Company w.e.f. 16th November, 2009
  7. Nov 2009

    • 12 Nov · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended September 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  8. Oct 2009

    • 20 Oct · Business

      Press release dated October 20, 2009, titled "Quarterly Financial Performance- Prakash Industries Limited; Profit After Tax Up 40% at Rs.68 crores; Raises $50 Million through FCCB". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 14 Oct · Board meeting

      Meeting on 20 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”
    • 12 Oct · Foreign Currency Convertible Bonds

      Prakash Industries Limited (the "Company") on 12th October 2009 has successfully priced the Foreign Currency Convertible Bonds ("FCCB") issuance for an amount of USD 50 million. The FCCBs having a maturity of 5 years and 1 day are convertible at an initial conversion price of Rs.170 per share (adjusted from time to time, as may be applicable). The FCCBs are proposed to be listed on the Singapore Exchange Securities Trading Ltd. subject to their approval. The issue of FCCBs is subject to customary closing conditions. Elara Capital PLC, London was the Lead Manager, Global Coordinator and Book runner to the Issue
    • 1 Oct · Foreign Currency Convertible Bonds

      In terms of the recommendation of the Board of Directors of Prakash Industries Limited (the "Company") at its meeting held on 4th July, 2009 and as approved by the shareholders at the Annual General Meeting of the Company held on 1st August, 2009 to issue FCCBs / ADRs / GDRs / Equity Shares or any other securities convertible into Equity Shares for an amount not exceeding Rs.500 crores, the Board of Directors of the Company at their meeting held on 1st October, 2009 has approved the issue of Foreign Currency Convertible Bonds (FCCBs) to be listed on the Singapore Exchange Securities Trading Ltd. for an amount upto Rs.500 crores or its equivalent in US Dollars and has decided to open the issue on 5th October, 2009. Company has appointed Elara Capital PLC, London as the Sole Lead Manager for the proposed issue
  9. Sep 2009

    • 16 Sep · Business

      Vide its letter dated September 16, 2009 regarding a press release , titled "Prakash Industries Limited to expand power capacity to 725 MW". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  10. Aug 2009

    • 26 Aug · Meeting

      Minutes of the Annual General Meeting of the members of the company held on August 01, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 3 Aug · Meeting

      Members of the Company at their Annual General Meeting held on August 01, 2009 inter alia have considered and approved the following unanimously: 1) Balance Sheet of the Company as at March 31, 2009 and Profit and Loss Account for the year ended on that date together with Directors and Auditors reports of thereon. 2) Re-appointment of Dr. S.L. Keswani, Shri. K.C. Mehra and Shri. Vikram Agarwal, Directors of the Company who retired by rotation and being eligible, offered themselves for re-appointment and re-appointed. 3) Re-appointment of M/s. Chaturvedi & Partners, Chartered Accountants from the conclusion of this Annual General Meeting till the conclusion of next Annual General Meeting. 4) Raising of long term funds through various options by way of issuance of FCCBs / ADRs / GDRs / Equity Shares or any other securities convertible into Equity Shares for an amount not exceeding Rs.500 crores in accordance with the Guidelines prescribed by various statutory authorities to meet the capital expenditure requirement of the Company for its proposed expansion in the power and steel capacities. 5) Raising the limit of investment by FIIs etc. in the paid up share capital of the Company upto 35%. 6) Revising the remuneration of Shri. V.P. Agarwal, Chairman and Managing Director of the Company.
  11. Jul 2009

    • 23 Jul · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Jul · Meeting

      Minutes of Extra-ordinary General Meeting of the Company held on June 22, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 13 Jul · Meeting

      Next Annual General Meeting of the Members of the Company is scheduled to be convened on August 01, 2009 and for this purpose the Register of Members and Share Transfer Books shall remain closed during the period from July 28, 2009 to August 01, 2009 (both days inclusive).
    • 10 Jul · Board meeting

      Meeting on 18 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
    • 6 Jul · Board meeting

      Board of Directors of the Company in their meeting held on July 04, 2009 have approved the following: 1) Allotment of 1,00,00,000 warrants convertible in to equity shares on preferential basis. 2) Raising of long term funds to meet the capital expenditure requirement of the Company for its proposed expansion in the power and steel capacities. The funds are proposed to be raised through various options by way of issuance of FCCBs / ADRs / GDRs / Equity Shares or any other securities convertible into Equity Shares for an amount not exceeding Rs.500 crores in accordance with the Guidelines prescribed by various statutory authorities. 3) Approval of notice convening the Annual General Meeting of the Company on August 01, 2009.
    • 2 Jul · Board meeting

      Inter alia, to consider raising of long term funds to finance future expansion plan of the Company. The funds are to be raised through various options by way of issuance of FCCBs/ADRs/GDRs/Equity Shares or any other securities convertible into Equity Shares in accordance with the Guidelines prescribed by various statutory authorities.
  12. Jun 2009

    • 24 Jun · Meeting

      Members of the Company in their Extra-ordinary General Meeting held on June 22, 2009 have passed the following resolutions as per the details given below:- 1. Issue upto 1,00,00,000 warrants convertible in to equity shares on preferential basis. 2. Appoint Shri Vikram Agarwal as Joint Managing Director, Shri Piyoosh Goyal as Director and Shri D. Singh as the Whole-time Director of the Company.
    • 2 Jun · Meeting

      Notice of the Extraordinary General Meeting of the members of the Company to be held on June 22, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  13. May 2009

    • 28 May · Board meeting

      Board of Directors of the Company in its meeting held on May 28, 2009 have approved the following: (1) Issue upto 1,00,00,000 warrants convertible in to equity shares on preferential basis. (2) Appoint Shri Vikram Agarwal as Joint Managing Director, Shri Piyoosh Goyal as Director and Shri D. Singh as Whole-time Director of the Company. (3) For seeking the approval of the members of the Company for the aforesaid matters the Board has also fixed date of an Extra Ordinary General Meeting on June 22, 2009.
    • 28 May · Business

      Press release dated May 28, 2009 titled "Prakash Industries Reports Net Profits of Rs. 204 Crores in FY 08-09" A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 19 May · Board meeting

      To consider, inter alia, Audited Financial Results for the year ended March 31, 2009.
  14. Apr 2009

    • 23 Apr · Results

      Company would be filing audited results for the year ending March 31, 2009 on or before June 30, 2009 instead of filing the unaudited quarterly results for the quarter ending March 31, 2009.
  15. Mar 2009

    • 30 Mar · Updates

      Company had allotted 1,21,35,990 convertible warrants issued on September 14, 2007 and 55,55,556 convertible warrants issued on September 27, 2007 on preferential basis optionally convertible in to equity shares of the Company on or before March 13, 2009 and March 26, 2009 respectively. Further, the Company has also informed that allottes have not exercised its right for conversion of the said warrants into shares within the time stipulated under the preferential guidelines. Accordingly, the aforesaid warrants now stands lapsed.
  16. Feb 2009

    • 12 Feb · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 10 Feb · Management

      Board of Directors of the Company in its meeting held on January 31, 2009 have appointed Shri Vikram Agarwal as Whole-time Director of the Company w.e.f. February 01, 2009.
  17. Jan 2009

    • 20 Jan · Board meeting

      To consider, inter alia, Unaudited Financial Results with Limited Review for the quarter ended December 31, 2008.
  18. Oct 2008

    • 21 Oct · Board meeting

      To consider, inter alia, Unaudited Financial Results for the quarter/ half year ended September 30, 2008.
    • 6 Oct · Meeting

      Minutes of the Annual General Meeting of the members of the Company held on September 27, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 1 Oct · Meeting

      Members of the Company in their Annual General Meeting held on September 27, 2008 inter alia have considered and approved the following with requisite majority: 1. Balance Sheet of the Company as at March 31, 2008 and Profit and Loss Account for the year ended on that date together with the Reports of Directors and Auditors thereon. 2. Re-appointment of Dr. Ram K. Vepa, a Director of the Company who retires by rotation and being eligible, offers himself for re-appointment. 3. Re-appointment of Shri Manish Bahl, a Director of the Company who retires by rotation and being eligible, offers himself for re-appointment. 4. Re-appointment of M/s Chaturvedi and Partners, Chartered Accountants from the conclusion of this Annual General Meeting till the conclusion of next Annual General Meeting.
  19. Sep 2008

    • 22 Sep · Updates

      Company has got connectivity from NSDLand CDSL and has started demat as well as transfer of share work in house at below address: Prakash Industries Ltd. Secretarial Department SRIVAN Near IOCL Petrol Pump Bijwasan New Delhi-110061 Ph.No.011-28062115-16 Fax No.011-28062119 Email:investorshelpline@prakash.com
    • 15 Sep · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 2 Sep · Meeting

      Next Annual General Meeting of the Members of the Company is scheduled to be convened on September 27, 2008 and for this purpose the Register of Members and Share Transfer Books shall remain closed during the period from September 23, 2008 to September 27, 2008 (both days inclusive).
  20. Jul 2008

    • 14 Jul · Board meeting

      Meeting on 26 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
    • 4 Jul · Memorandum of Understanding

      The Company has entered into a Memorandum of Understanding (MOU) with the Government of Chhattisgarh on July 01, 2008 to establish and operate "2.00 m TPA Cement Plant" & "1.00 m TPA Clinker Plant" in the State of Chhattisgarh with an investment of approximately Rs.485 Crores (Rupees Four Hundred Eighty Five Crores only). The State Government will assist the Company in allotment of a "Captive Coal Block" & "Captive Lime Stone mine" for the projects and facilitate / provide all incentives available to industrial projects in the state as per the applicable industrial policy of the State Government or the incentives that are offered to similar projects or as may be announced in this regard from time to time