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PRAKASH INDUSTRIES LTD. - 506022 - Corporate Action-Board approves Dividend

Board Recommended a dividend @ 12% i.e. Rs. 1.20 per equity share of Rs. 10/- each for the financial year 2023-24 subject to the approval of shareholders at the ensuing AGM
17-05-2024
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FY24 Annual Result Announced for Prakash Industries Ltd.

Iron & Steel Products company Prakash Industries announced FY24 results: During the year, the Company has achieved Net Sales of Rs 3,678 crore and EBITDA of Rs 556 crore, reflecting growth of 7% and 31 % respectively over the previous financial year. Profit after Tax for the year also grew by 83% to Rs 348 crore. EBITDA for the year includes profit of Rs 37 crore from sale of some assets. Further, during FY24, the Company has achieved sales volume growth of 20% over the last financial year. The operating margin also grew from 12.0% to 13.4% owing to softening of raw material prices and operational efficiencies. Keeping in view the strong financial results, the Board of Directors of the Company recommends a dividend of Rs 1.20 per Equity Share of Rs 10 each. Result PDF
17-05-2024
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PRAKASH INDUSTRIES LTD. - 506022 - Audited Financial Results For The Period Ended 31St March, 2024

Audited Financial Results for the period ended 31st March, 2024 and dividend @ 12% i.e. Rs. 1.20 per equity share of Rs. 10/- each
17-05-2024
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PRAKASH INDUSTRIES LTD. - 506022 - Board Meeting Outcome for Audited Financial Results For The Period Ended 31St March, 2024 And Recommendation Of Dividend

Audited Financial Results for the period ended 31st March, 2024 along with Statement of Assets and Liabilities, Cash Flow, Auditors Report, Press Release and Dividend @ 12% i.e. Rs. 1.20 per equity share of Rs. 10 each.
17-05-2024
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PRAKASH INDUSTRIES LTD. - 506022 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2

Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company PRAKASH INDUSTRIES LTD. 2 CIN NO. L27109HR1980PLC010724 3 Report filed for FY 2023-2024 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* 2022-23, 2023-24 5 Incremental borrowing done in FY (T)(a) 0.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00 7 Actual borrowing done through debt securities in FY (T)(c) 0.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) 0 8Quantum of (d), which has been met from (c)(e)* 0 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* 0 Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)0 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-Arvind MahlaDesignation :-Company Secretary and Compliance Officer Name of the Chief Financial Officer :- Deepak Mishra Designation : -CFO Date: 14/05/2024
14-05-2024
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PRAKASH INDUSTRIES LTD. - 506022 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

We enclosed the details of "Letter of Confirmation(s)" issued by the Company to its Shareholder(s), in lieu of the share certificate(s) reported lost by them.
11-05-2024
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PRAKASH INDUSTRIES LTD. - 506022 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

We enclosed the details of "Letter of Confirmation(s)" issued by the Company to its Shareholder(s), in lieu of the share certificate(s) reported lost by them.
08-05-2024
Bigul

PRAKASH INDUSTRIES LTD. - 506022 - Board Meeting Intimation for Audited Financial Results For The Quarter And Year Ended 31St March, 2024 And To Consider And Recommend Dividend, If Any On The Equity Shares Of The Company For The Financial Year Ended 31St March, 2024.

PRAKASH INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/05/2024 ,inter alia, to consider and approve Audited Financial Results for the quarter and year ended 31st March, 2024 and to consider and recommend dividend, if any on the equity shares of the Company for the financial year ended 31st March, 2024.
06-05-2024
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