Prakash Industries share news, announcements and annual reports
NSE: PRAKASHBSE: 506022Ferrous MetalsSmall Cap
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
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,011 Cr1,080th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 6.42
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.56
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.60%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 9.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 8.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.14
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,16,78973.5% delivered
Prakash Industries share news and announcements
751 announcements, routine notices left out, newest first. Page 15 of 16.
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).
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.
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.
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.
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.
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.
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.
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, 200721 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.
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 customers16 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, 200710 Oct · Board meeting
To consider, inter alia, Unaudited Financial Results for the quarter / half year ended September 30, 2007.
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 basis27 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 Ltd13 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.
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 Guidelines21 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.
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, 200716 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.
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, 20072 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.
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.
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.
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.