Prabhhans Industries Limited will hold a board meeting on Wednesday, September 30, 2026, to consider raising funds through the issuance of equity shares and other securities. The proposal includes options for rights issues or preferential allotments, subject to regulatory approvals.

The company filed a prior intimation with the BSE under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled at the corporate office in Hyderabad, Telangana.

Proposed capital structure changes

The Board of Directors will deliberate on the following key items:

• Fund raising mechanism: Approval of proposals to raise funds by issuing equity shares and/or other securities in one or more tranches.
• Issuance modes: The company may utilize permissible modes including rights issues, preferential issues, or other methods allowed under the Companies Act, 2013, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
• Terms and conditions: The price, manner, and terms of issuance will be determined by the Board, subject to statutory and regulatory approvals, including member approval if required.
• Other business: Consideration of any additional items decided by the Board.

The filing was signed by Satnam Singh, Managing Director and CFO, on September 25, 2026.

Prabhans Industries rescheduled its 32nd Annual General Meeting to September 30, 2026. The Ludhiana-based textile firm will hold the meeting via video conference to transact ordinary and special business items.

The company originally scheduled the AGM for August 21, 2026, but moved it following a board meeting on September 8, 2026. The register of members and share transfer books will remain closed from September 24, 2026 to September 30, 2026 (both days inclusive) to determine eligibility for the meeting.

E-Voting Details

Shareholders can exercise their voting rights through remote e-voting facilitated by CDSL. The process will commence on Sunday, September 27, 2026 at 9:00 am and conclude on Tuesday, September 29, 2026 at 5:00 pm.

The cut-off date for determining members eligible for remote voting is fixed as Wednesday, September 23, 2026. Mr. Amit Saxena of M/s Amit Saxena & Associates has been appointed as the Scrutinizer for the e-voting process.

Board Approvals and Director Changes

During the September 8 board meeting and subsequent filings, the company regularized two non-executive independent directors and approved several statutory proposals:

• Regularized Ms. Megha Sharan (DIN: 05332335) as a Non-executive Independent Director.
• Regularized Mr. Atul Chauhan (DIN: 03578401) as a Non-executive Independent Director.
• Appointed Mr. Parveen Bhadana as a Whole-time Director effective July 16, 2026.
• Ms. Harjot Kaur Chawla resigned from the office of Director effective July 16, 2026.
• Mr. Rajesh Khurana resigned from the office of Non-Executive Independent Director effective August 1, 2026.

Special Business Items

The AGM agenda includes seeking shareholder approval for multiple special resolutions:

• Increase in limits under Section 180(1)(a) for creating charges on assets up to ₹100 crore.
• Power to borrow funds under Section 180(1)(c) not exceeding ₹100 crore.
• Approval for loans, guarantees, or security under Section 185 for persons in whom directors are interested.
• Loans, guarantees, securities, and investments under Section 186 up to ₹100 crore.
• Waiver for recovery of excess managerial remuneration paid to Mr. Satnam Singh, Ms. Harjot Kaur Chawla, and Ms. Parminder Kaur for FY24-25 and FY25-26.
• Omnibus authority to pay managerial remuneration in excess of prescribed limits for any financial year commencing April 1, 2026.

Financial Performance Context

The AGM notice accompanies the Annual Report for FY25-26. The company reported revenue from operations of ₹10,107.71 lakh for the year ended March 31, 2026, an increase from ₹8,693.58 lakh in FY24-25. Net profit after tax stood at ₹163.76 lakh, down from ₹227.27 lakh in the previous year.