Prakash Steelage board to meet on May 28 for FY26 results

0 min read Updated on 22 May 2026, 12:33 PM

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Shriram SScanX News Team

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Prakash Steelage Limited has scheduled a board meeting for May 28, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held in Mumbai. The board will also discuss any other matters with the permission of the chair.

*this image is generated using AI for illustrative purposes only.

Prakash Steelage Limited has announced that its board of directors will meet on Thursday, May 28, 2026, in Mumbai. The primary agenda for the meeting is to consider and approve the audited financial results of the company for the quarter and year ended March 31, 2026.

Agenda Details

The board will review the financial performance for the specified period. Additionally, the directors may discuss any other matters with the permission of the chair.

Meeting Information

Detail	Information
Meeting Date	May 28, 2026
Purpose	Audited Financial Results for Q4 and FY26
Location	Mumbai

The intimation was submitted to the stock exchanges pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Prakash Steelage

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.68%	+4.40%	-3.01%	-2.17%	-33.19%	+351.00%

How might Prakash Steelage's FY26 revenue and profit margins compare to the previous fiscal year, given the volatility in global steel prices?

Will the board consider announcing a dividend or share buyback program alongside the FY26 financial results?

How could potential changes in India's infrastructure spending and steel demand outlook impact Prakash Steelage's guidance for FY27?

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Prakash Steelage promoters declare no encumbrance on FY26 shares

1 min read Updated on 21 May 2026, 07:39 AM

Reviewed by

Anirudha BScanX News Team

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Prakash Steelage Limited disclosed that its promoters, promoter group, and persons acting in concert did not encumber any shares during the financial year ended March 31, 2026. The declaration was submitted by Promoter Prakash C. Kanugo on April 4, 2026, under Regulation 31(4) of the SEBI Takeover Regulations.

*this image is generated using AI for illustrative purposes only.

Prakash Steelage Limited has disclosed that its promoters have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. This declaration was formally submitted to the stock exchanges by Promoter Prakash C. Kanugo on April 4, 2026.

The disclosure was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. In the filing addressed to the BSE Limited and the National Stock Exchange of India Limited, Kanugo confirmed that the promoters, promoter group, and persons acting in concert have not made any encumbrance, directly or indirectly, on the shares held by them in the company.

Declaration Details

The communication serves as a formal compliance update regarding the status of the promoter's holdings. The document was digitally signed and submitted to the listing departments of both major exchanges.

Detail	Information
Regulation	SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Reg 31(4)
Financial Year	Year ended March 31, 2026
Disclosure Date	April 4, 2026
Declarant	Prakash C. Kanugo, Promoter

The company requested the exchanges to acknowledge the communication and place it on their records. This filing provides transparency to shareholders regarding the leverage status of the promoter's equity in the firm.

Historical Stock Returns for Prakash Steelage

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.68%	+4.40%	-3.01%	-2.17%	-33.19%	+351.00%

How does Prakash Steelage Limited's clean promoter shareholding record compare to industry peers, and could this strengthen its position for future fundraising or credit ratings?

Given the promoters' unencumbered holdings, is there potential for Prakash Steelage to pursue equity-backed expansion or acquisition strategies in the near term?

How might consistent compliance with SEBI's Takeover Regulations influence institutional investor confidence and foreign portfolio investment in Prakash Steelage?