Prashant India Ltd Submits Quarterly Compliance Certificate for Q4 FY26

1 min read     Updated on 08 Apr 2026, 05:19 PM
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AI Summary

Prashant India Ltd filed its quarterly confirmation certificate with BSE Limited for the quarter ended March 31, 2026, as required under SEBI Regulation 74(5). The certificate from registrar MCS Share Transfer Agent Ltd confirms proper handling of dematerialized securities, including timely processing, verification, and record updates within regulatory timeframes.

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Prashant India Ltd has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing demonstrates the company's adherence to securities market regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the confirmation certificate on April 8, 2026, as required under Regulation 74(5) of the Securities Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was submitted to BSE Limited's Department of Corporate Service.

Filing Details: Information
Filing Date: April 8, 2026
Quarter Ended: March 31, 2026
Regulation: SEBI Regulation 74(5)
Scrip Code: 519014
Filed By: Swati Joshi, Company Secretary

Registrar Confirmation

MCS Share Transfer Agent Ltd, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 7, 2026. The registrar confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed.

The certificate validates that:

  • Securities received for dematerialization were confirmed to depositories
  • All securities comprised in certificates are listed on relevant stock exchanges
  • Security certificates were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members within 15 days

Corporate Information

Prashant India Ltd operates from its registered office located at 4th Floor Office-407 Union Trade Centre, Udhana Darwaja, Surat, Gujarat. The company has been recognized with multiple export awards spanning from 1987-88 to 1994-95, including both state and national level recognitions.

Company Details: Information
CIN: L15142GJ1983PLC006574
Registered Office: Surat, Gujarat
Company Secretary: Swati Joshi (M No.: A65736)
Website: www.prashantindia.info

The filing represents routine compliance with SEBI regulations governing the handling of dematerialized securities, ensuring transparency and proper record-keeping in securities transactions.

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Will Prashant India Ltd's consistent regulatory compliance improve its attractiveness to institutional investors in the upcoming quarters?

How might SEBI's evolving depositories regulations impact Prashant India's operational costs and compliance procedures in 2026-27?

Could the company's strong export award history from the 1980s-90s indicate potential for renewed international expansion given current market conditions?

Prashant India Ltd Reports Exceptional Gain of Rs 1020.39 Lacs in Q2

1 min read     Updated on 17 Nov 2025, 06:00 PM
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Reviewed by
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AI Summary

Prashant India Ltd, a textile and wind farm company, reported a net profit of Rs 1003.19 lacs for Q2, primarily due to exceptional items of Rs 1020.39 lacs. The company's operational activities showed a loss of Rs 17.20 lacs. Net sales decreased from Rs 8.29 lacs in the previous Q2 to Rs 0.00 in the current quarter. The textile segment reported a profit of Rs 1014.46 lacs, while the wind farm segment reported Rs 2.08 lacs. Total assets and liabilities stood at Rs 2515.83 lacs, with an equity share capital of Rs 423.54 lacs. The company has not made provisions for interest on borrowings from strategic investors since 2000-2001 and has made no tax provisions due to unabsorbed depreciation and carried forward losses.

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Prashant India Ltd, a textile and wind farm company, has reported a significant net profit of Rs 1003.19 lacs for the second quarter. This profit was primarily driven by exceptional items worth Rs 1020.39 lacs, while the company's operational activities showed a loss of Rs 17.20 lacs.

Financial Highlights

Particulars (Rs. in lacs) Q2 Current Q2 Previous H1 Current H1 Previous
Net Sales 0.00 8.29 0.86 8.29
Other Operating Income 0.93 3.63 7.07 8.95
Total Income 0.93 11.92 7.93 17.24
Total Expenses 18.13 9.21 31.94 25.40
Exceptional Items 1020.39 0.00 1020.39 0.00
Net Profit/(Loss) 1003.19 2.71 996.38 (8.16)

Segment-wise Performance

The company operates in two segments: Textile and Wind Farm. For the current quarter:

  • Textile segment reported a profit of Rs 1014.46 lacs
  • Wind Farm segment reported a profit of Rs 2.08 lacs

Balance Sheet Overview

As of the end of the current quarter:

  • Total Assets: Rs 2515.83 lacs
  • Total Equity and Liabilities: Rs 2515.83 lacs
  • Equity Share Capital: Rs 423.54 lacs

Key Observations

  1. The company's operational performance shows a loss, but the exceptional item has significantly boosted the bottom line.
  2. There's a notable decrease in net sales compared to the same quarter last year.
  3. The company has not made provisions for interest on borrowings from strategic investors since the financial year 2000-2001.
  4. No tax provisions have been made due to unabsorbed depreciation and carried forward losses under Tax Laws.

Disclosure Update

Prashant India Ltd also issued a revised disclosure, correcting only the registered office address in previously submitted quarterly results. The company confirmed that there were no changes to the financial figures or any other disclosures in the results.

The full financial results are available on the company's website at www.prashantindia.info and www.bseindia.com .

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