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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 ₹112.28down ₹3.69 (3.18%)BSE ₹112.35

Share price at the NSE close on 30 Oct 2026. Previous close ₹115.97.

30 Oct: open ₹115.32, high ₹115.38, low ₹112.00

52-week range of traded prices to 30 Oct 2026
₹110.02Low, 26 Oct 2026₹172.90High, 3 Nov 2025
Market cap
₹2,011 Cr1,080th largest listed
P/E
6.42
P/B
0.56
Dividend yield
1.60%
ROE
9.1%
ROCE
8.6%
Debt to equity
0.14
Volume, NSE
4,16,78973.5% delivered

Prakash Industries share news and announcements

751 announcements, routine notices left out, newest first. Page 15 of 16.

  1. Jun 2008

    • 10 Jun · Results

      The shareholders of the Company by way of Postal Ballot have approved with requisite & overwhelming majority, an Ordinary Resolution for Sell/transfer or otherwise dispose off by way of slump sale or otherwise one of the undertaking of the Company, viz. Worsted Woolen Yarn Unit Situated at Silvassa (Dadar & Nagar Haveli).
  2. May 2008

    • 26 May · Delisting of shares

      Shares of the Company have been delisted from The Calcutta Stock Exchange Association Ltd. w.e.f. 14th May, 2008.
    • 26 May · Meeting

      Minutes of the Extra-ordinary General Meeting of the Company held on April 25, 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.
    • 13 May · Meeting

      Pursuant to Section 192A(2) of the Companies Act, 1956 read with the companies (Passing of the Resolution by Postal Ballot) Rules, 2001 seeking the consent of the Members in respect of the following Ordinary business(S): 1) Ordinary Resolutions pursuant to Section 293(1)(a) of the Companies Act, 1956 authorizing the Board of Directors to sell/transfer or otherwise dispose of by way of slump sale or otherwise one of the Undertaking of the Company, VIZ Worsted Woolen Yarn unit situated at Silvassa (Dadra & Nagar Havell) stated in the enclosed resolution and explanatory statement. The Board of Directors at their meeting held on March 27, 2008 have appointed Shri I.D. Sharma, Company Secretary in Practice as the Scrutinizer to receive and scrutinize the completed ballot papers from the members. The Postal Ballot form and the self addressed business reply envelope are enclosed for use of the members. The Board of Directors of the Company has appointed Shri Vipul Agarwal, whole Time Director and Shri Manoj Agarwal, Company Secretary as the persons responsible to the entire postal ballot process. Duly completed postal ballot form should reach to the Scrutinizer on or before June 06, 2008. The Scrutinizer will submit his final report as soon as possible after the last date of receipt for Postal Ballot but not later than closing of the Business hours on June 07, 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.
  3. Apr 2008

    • 28 Apr · Meeting

      Members of the Company in their Extra-ordinary General Meeting held on April 25, 2008 have considered and passed the following resolutions : 1) Increasing the Authorised Share Capital of the Company from Rs. 160 crores to Rs. 170 crores. 2) Investments of Rs. 400 crores by way of purchasing 570000 Equity shares of Rs. 10/- each of the Company owned by the promoters and having mining rights of an iron ore mine. 3) Issue of 16,00,000 (sixteen lacs) 0% Compulsory Convertible Preference Shares (CCPS) of the Company of Rs. 100/- each to the promoters for consideration other than cash. 4) Re-appointment of Managing Director and Whole-time Directors of the Company. 5) Increasing the borrowing powers of the Board of Directors from Rs. 1000 crores to Rs. 3000 crores.
    • 22 Apr · Board meeting

      Meeting on 30 Apr 2008: “Unaudited Financial Results for the qtr ended March 31, 2008”
    • 3 Apr · Meeting

      Notice of the Extraordinary General Meeting of the members of the Company to be held on April 25, 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.
    • 3 Apr · Meeting

      An Extra-Ordinary General Meeting of the Members of the Company will be held on April 25, 2008, to consider the following special business: 1) Increasing the Authorised Share Capital of the Company from Rs. 160 crores to Rs. 170 crores. 2) Investment of Rs. 400 crores by way of purchasing 570000 Equity Shares of Rs. 10/- each of an unlisted company owned by the promoters and having mining rights of an iron ore mine. 3) Issue of 16,00,000 (sixteen lacs) 0% Compulsory Convertible Preference Shares (CCPS) of the Company of Rs. 100/- each to the promoters for consideration other than cash. 4) Re-appointment of Managing Director and Whole-time Directors of the Company. 5) Increasing the borrowing powers of the Board of Directors from Rs. 1000 crores to Rs. 3000 crores.
  4. Mar 2008

    • 28 Mar · Board meeting

      The Board of Directors of the Company in their meeting held on March 27, 2008 have approved the following businesses: 1) Investment of Rs.400 crores by way of purchasing 570000 Equity Shares of Rs.10/- each at a premium of Rs. 7008 per share for consideration other than cash of an unlisted company owned by the promoters and having mining rights of an iron ore mine, and issue of 16,00,000 (sixteen lacs) 0% Compulsory Convertible Preference Shares (CCPS) of the Company of Rs.100/- each at a premium of Rs.2400/- per share to the promoters of that Company in lieu thereof which would be convertible into 10 Equity shares of PIL within a period of 18 months. 2) The issue price of the 0% Compulsory Convertible Preference Shares (CCPS) of Rs.100% each convertible into equity shares has been determined as per SEBI Guidelines on the relevant date i.e. March 26, 2008. 3) Re-appointment of Managing Director and Whole-time Directors of the Company. 4) Increasing the Authorised Share Capital of the a Company from Rs. 160 crores to Rs. 170 crores. 5) Increasing the borrowing powers of the Board of Directors from Rs. 1000 crores to Rs. 3000 crores. The Board has also inter alia approved calling of an Extra Ordinary General Meeting, for seeking the approval of the members of the Company for approval of the aforesaid businesses on April 25, 2008.
    • 18 Mar · Board meeting

      To consider interalia, the following business: (1) To increase the Authorised Share Capital of the Company. (2) To increase the borrowing powers of the Board of Directors. (3) To consider issue of Compulsory Convertible Preference Shares (CCPS) to the promoters of the Company on preferential basis for consideration other than cash in lieu of acquisition of a Company having an iron ore mine. (4) To consider re-appointment of Managing Director and Whole-time Director of the Company.
    • 4 Mar · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2007. 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.
  5. Feb 2008

    • 5 Feb · Memorandum of Understanding

      Company has entered into a Memorandum of Understanding (MOU) with the Government of Chhattisgarh on February 01, 2008 to establish and operate a 600 MW Thermal Power Station in the State of Chhattisgarh with an investment of approximately Rs.2400 Crores (Rupees Two Thousand Four Hundred Crores). 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.
  6. Jan 2008

    • 30 Jan · Meeting

      Minutes of the Extra-ordinary General Meeting of the Company held on December 28, 2007. 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.
    • 9 Jan · Board meeting

      Meeting on 19 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
    • 3 Jan · Allotment of shares/ warrants

      Allotment Committee of the Board of Directors of the Company in their meeting held on January 03, 2008 have allotted 62,50,000 equity shares and 1,12,50,000 warrants convertible into equity shares to the parties( As per Attachment).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.
  7. Dec 2007

    • 31 Dec · Meeting

      "The members of the Company in their Extra-ordinary General Meeting held on 28th December, 2007 have passed the resolutions for issue of 62,50,000 equity shares and 1,12,50,000 warrants convertible into equity shares on preferential basis". 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.
    • 28 Dec · News Verification

      News Verification : The media had reports that Prakash Industries Ltd may raise Rs. 1,000 crore via SPV Prakash Thermal Power. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Prakash Industries Ltd has vide its letter inter-alia stated, "We would like to bring to your notice that the company has signed an MOU with Madhya Pradesh state government for setting up 1000 MW power plant in the state for which the company has already intimated to the Exchange. However we would like to inform that the news has been released by the media based on their assumptions may be from this announcement and not based on any information from the Company."
    • 11 Dec · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2007. 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.
    • 5 Dec · Meeting

      Notice of Extra-Ordinary General Meeting of the Members of the Company to be held on December 28, 2007 to consider the following special business: 1) Issue of Shares; 2) Issue of warrants. 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. Nov 2007

    • 28 Nov · Business

      The Board of Directors of the Company in their meeting held on 27th November, 2007 have approved the issue of equity shares and warrants convertible into equity shares to Mutual Fund(s) and Foreign Institutional Investor(s)/ others and Promoters and their Associates on preferential basis subject to the approval of the shareholders pursuant to provisions of Section 81 (1A) and other applicable provisions of the Companies Act, 1956 and compliance of applicable SEBI Guidelines, as follows: 1) Issue of 62,50,000 equity shares by way of direct subscription. 2) Issue of 1,12,50,000 warrants entitling the holders of warrants to apply for and obtain allotment of one Equity Share against each warrant within a period of 18 months. 3) For determining the issue price of the equity shares and warrants convertible into equity shares as per SEBI Guidelines the "relevant date" is 27th November, 2007 and the issue price as per above is Rs.190/- per share / warrant. 4) The Board has also approved calling of an Extra-Ordinary General Meeting, inter alia, for seeking the approval of the members of the Company for the aforesaid preferential allotment of equity shares and warrants convertible into equity shares on 28th December, 2007
    • 21 Nov · Board meeting

      To consider and discuss inter alia the working of the Company and Limited Review Report given by the Auditors for the quarter ended September 30, 2007 of the company.
    • 19 Nov · Miscellaneous

      Government of India, Ministry of Coal has allotted a non-coking block to the Company i.e. Fatehpur Coal Block-in the State of Chhattisgarh for captive use. The Coal block has been allotted for the expansion of capacities in the power plant of the company to the extent of 625 MW. The coal reserves in the block are estimated to be in excess of 45 Mn.MT.
  9. Oct 2007

    • 29 Oct · Memorandum of Understanding

      Prakash Industries Ltd has entered into a Memorandum of Understanding with the Government of Madhya Pradesh on 27th October, 2007 to establish and operate 1000 MW Thermal Power Station at Sohagpur, Distt. Shahdol in the State of Madhya Pradesh With an investment of approximately Rs.4500/- crores (Rupees Four Thousand Five Hundred Crores). The Company would be entitled to wheel the power through MP Transco/Other Grid Lines or its own dedicated lines for its own use or for its customers
    • 16 Oct · Meeting

      Minutes of the Extra-Ordinary General Meeting of the Members of the company held on September 19, 2007. 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 Oct · Change in Board of Directors

      In term of the provision of the Loan Agreement entered into between Company and IFCI, IFCI has withdrawn its nominee Director Shri S.K. Mandal from the Board of the Company w.e.f.9th October, 2007
    • 10 Oct · Board meeting

      To consider, inter alia, Unaudited Financial Results for the quarter / half year ended September 30, 2007.
  10. Sep 2007

    • 27 Sep · Allotment of Warrants

      The Allotment Committee of the Board of Directors of the Company in their meeting held on 27th September, 2007 have allotted 5,55,556 warrants to Barclays Capital Mauritius Ltd. and 50,00,000 warrants to Amarjoti Vanijya Pvt. Ltd. or its nominees respectively convertible into equity shares on preferential basis
    • 27 Sep · Meeting

      An Extra-Ordinary General Meeting of the Members of the Company will be held on October 20, 2007. The notice of the Meeting setting out the business to be transacted thereat, together with the Explanatory Statement relating thereto, has been sent to the Members at their registered addresses.
    • 24 Sep · Meeting

      Minutes of the Annual General Meeting held on September 5, 2007. 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.
    • 20 Sep · Meeting

      The members of the Company in their Extra-ordinary General Meeting held on 19th September, 2007 have passed the resolution for: issue of 50,00,000 warrants to Amarjoti Vanijya Pvt. Ltd. and 5,55,556 warrants to Barclays Capital Mauritius Ltd., or its nominees respectively convertible into equity shares on preferential basis.
    • 14 Sep · Board meeting

      The Board of Directors of the Company in their meeting held on 14th September, 2007 have allotted 1,21,35,990 warrants convertible into equity shares to Barclays Capital Mauritius Ltd
    • 13 Sep · Board meeting

      To consider, inter alia and for allotment of 12135990 warrants convertible into equity shares within a period of 18 months from the date of allotment to Barclays Capital Mauritius Ltd or its nominee(s).
    • 7 Sep · Meeting

      Outcome of the Annual General Meeting of the company held on September 05, 2007. The details of the business transacted at the AGM 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.
  11. Aug 2007

    • 31 Aug · Meeting

      Notice of the Extra Ordinary General Meeting of the Members of the Company scheduled to be held on September 19, 2007. 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.
    • 28 Aug · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2007. 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.
    • 27 Aug · Board meeting

      The Board of Directors of the Company in their meeting held on 25th August, 2007 has approved the issue of 55,55,556 warrants convertible into equity shares to Barclays Capital Mauritius Ltd. or its nominee(s) and others on preferential basis subject to the approval of the shareholder pursuant to provisions of Section 81 (1A) and other applicable provisions of the Companies Act, 1956 and compliance of applicable SEBI Guidelines, on the following terms and conditions: (a) Issue upto 55,55,556 warrants entitling the holders of warrants to apply for and obtain allotment of one Equity Share against each warrant within a period of 18 months. (b) The Board has also approved calling of an Extra Ordinary General Meeting, inter alia, for seeking the approval of the members of the Company for the aforesaid preferential allotment on 19th September, 2007. (c) For determining the issue price of the resultant warrants convertible into equity shares as per SEBI Guidelines the "relevant date" is 20th August, 2007. (d) Price of Rs.80 per warrant convertible into equity share has been calculated as per the SEBI Guidelines
    • 21 Aug · Memorandum of Understanding

      Company has established an integrated Steel Plant in the State of Chhattisgarh at Champa, District Janjgir. Further the Company has informed that in continuation to earlier MOU signed by the Company with the Government of Chhattisgarh for investments of Rs. 1017 crores for establishing various plants in the State of Chhattisgarh such as Coal based Sponge Iron, Steel Melting Shop, Mini Blast, Furnace, Sub 'Merged Arc Furnaces, Structural Rolling Mill etc., Company has entered into another MOU with the Government of Chhattisgarh for making Mega Investments of Rs.2145 crores for its expansion programmes in existing Integrated Steel Plant by creating additional steel capacity of 1.2 MTPA and establishing Captive Power Plants of 560 MW capacity and Coal Washery of 3.00 MTPA etc.".
    • 13 Aug · Meeting

      AGM of the members of the Company is scheduled to be convened on September 05, 2007 and for this purpose the Register of Members and Share Transfer Books shall remain closed during the period from August 31, 2007 to September 05, 2007 (both days inclusive).
    • 6 Aug · Board meeting

      Board of Directors of the Company in their meeting held on 6th August, 2007 has approved subject to the approval of the shareholder pursuant to provision of Section 81 (1A) and other applicable provisions of the Companies Act, 1956 and subject to the compliance of applicable SEBI Guidelines, the issue of warrants convertible into equity shares on preferential basis to Barclays Capital Mauritius Ltd. or its nominees on the following terms and conditions. a) Issue upto 12135990 warrants entitling the holders of warrants to apply for and obtain allotment of one equity share against each warrant within a period of 18 months. (b) The Board has also approved calling of an Annual General Meeting inter alia, for seeking the approval of the members of the Company for the aforesaid preferential allotment on 5th September, 2007. (c) The relevant date for determining the issue price of the resultant equity shares shall be 5th August, 2007, subject to necessary provisions and approvals. (d) Price of warrants convertible into equity shares calculated as per the above guidelines i.e. Rs67.96 per warrant".
    • 6 Aug · Board meeting

      To consider inter alia and decide of equity linked instruments of the Company on preferential basis to the investors.
  12. Jul 2007

    • 24 Jul · Board meeting

      Meeting on 31 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
    • 19 Jul · Change in composition of board

      Shri S.K. Mandal has been appointed as a nominee Director of IFCI Ltd. in place of Shri R.C. Pandey on the Board of the Company w.e.f. 14th July, 2007
    • 16 Jul · Business

      Press release with respect to the Audited Financial Results for the year ended March 31, 2007. 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.
    • 10 Jul · Board meeting

      To consider, inter alia, the Audited Financial Results for the year ended March 31, 2007.
  13. Apr 2007

    • 17 Apr · Results

      Instead of filing the unaudited quarterly accounts for the quarter ending 31st March 2007, the Company would be filing audited accounts of the year ending 31st March, 2007 by 30th June, 2007
    • 2 Apr · E-mail ID for Investor Complaints

      Company has created email ID i.e. investorshelpline@prakash.com for help of the Company's valuable investors. The said email ID is being updated on the website of the Company i.e. www.prakash.com.
  14. Mar 2007

    • 8 Mar · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2006. 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.
  15. Feb 2007

    • 13 Feb · Delisting of shares

      Shares of the Company has been delisted from The Delhi Stock Exchange Association Ltd. w.e.f 23rd January, 2007.
    • 13 Feb · Board meeting

      To consider and discuss inter alia the working of the Company and Limited Review Report given by the Auditors for the quarter ended December 31, 2006 of the Company.
  16. Jan 2007

    • 31 Jan · Business

      Press release with respect to the Un-audited Financial Results for the quarter ended December 31,2006. 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.