Prakash Industries Limited has secured environmental clearance from the Ministry of Environment, Forest and Climate Change to expand the production capacity of its Bhaskarpara Coal Mine. The approval, issued on June 12, 2026, permits an increase in output from 1.0 MTPA to 1.2 MTPA, enhancing the company's operational capabilities in the coal sector.

The Ministry of Environment, Forest and Climate Change, Government of India, formally conveyed the decision through a letter dated June 12, 2026. This regulatory authorization allows the company to proceed with the planned expansion at the Bhaskarpara Coal Mine, a key asset in its portfolio.

Expansion Details

The clearance specifically targets the Bhaskarpara Coal Mine, facilitating a 20% rise in its annual production capacity. The following table outlines the approved capacity changes:

The company disclosed this development in a filing submitted to the stock exchanges on June 13, 2026. The notification confirms that all necessary environmental compliances have been met for the proposed increase in mining output.

Arvind Mahla, Company Secretary of Prakash Industries , signed the disclosure regarding the environmental clearance. The expansion is expected to contribute to the company's production volumes following the implementation of the approved capacity.

Prakash Industries Limited disclosed on April 6, 2026, that its promoters and persons acting in concert have not created any encumbrance on shares during the financial year 2025-26. The declaration, submitted to the National Stock Exchange of India and BSE Ltd, confirms that no new charges were established directly or indirectly beyond those previously reported to the exchanges.

The filing was made under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on shares held by them or by persons acting in concert. The disclosure was signed by Vikram Agarwal, a promoter of the company.

The declaration covers a comprehensive list of 41 entities within the promoter and promoter group. This list includes individual promoters such as Ved Prakash Agarwal, Mohini Agarwal, and Vikram Agarwal, as well as various corporate entities and limited liability partnerships associated with the group.

List of Promoter and Promoter Group