Latest news about Prakash Woollen & Synthetic Mills
Prakash Woollen & Synthetic Mills
24.65
+0.60(+2.49%)
Company Performance:
View Company Insights1D+2.49%
1M-1.40%
6M-9.74%
1Y-19.10%
5Y-12.28%
More news about Prakash Woollen & Synthetic Mills
17Mar 26
Prakash Woollen & Synthetic Mills Receives Rs 3.85 Crore Government Subsidy Under UP Handloom Policy 2017
Prakash Woollen & Synthetic Mills Limited received Rs 3.85 crore government subsidy from UP's Handloom and Textile Directorate under the Handloom, Power loom, Silk & Garmenting Policy-2017 on 16.03.2026. The subsidy comprises Rs 2.71 crore capital subsidy for loan repayment and Rs 1.14 crore interest subsidy, supporting the company's expansion project. The company disclosed this development to BSE under SEBI Regulation 30, following an earlier disclosure made on 25.02.2026.
25Feb 26
Prakash Woollen & Synthetic Mills Receives ₹3.97 Crore Subsidy Grant from UP Government
Prakash Woollen & Synthetic Mills Ltd received a ₹3.97 crore subsidy grant from the UP Government under the Handloom Policy 2017 for its expansion project. The subsidy comprises ₹2.79 crore as capital subsidy and ₹1.18 crore as interest subsidy, announced on February 25, 2026, with further disclosure promised upon actual receipt of funds.
14Feb 26
Prakash Woollen & Synthetic Mills Reports Promoter Share Transfer via Gift Deed
Prakash Woollen & Synthetic Mills Limited has disclosed an inter-se promoter share transfer involving 5000 equity shares (0.05% stake) through a gift deed dated February 13, 2026. Promoter Vijay Kumar Gupta transferred the shares to his grandson Paawan Agarwal as part of a family succession arrangement. Post-transfer, Vijay Kumar Gupta holds 423709 shares (4.13%) while Paawan Agarwal now holds 5000 shares (0.05%). The transaction has no impact on management control as both parties remain within the promoter group structure.
04Feb 26
Prakash Woollen & Synthetic Mills Q3FY26 Results: Loss Narrows to Rs 186.40 Lakhs Despite Revenue Decline
Prakash Woollen & Synthetic Mills Limited reported Q3FY26 results showing a net loss of Rs 186.40 lakhs, significantly improved from Rs 496.07 lakhs loss in Q3FY25. Revenue declined to Rs 5109.34 lakhs from Rs 5707.29 lakhs year-over-year. For nine months ended December 31, 2025, cumulative loss reduced to Rs 233.29 lakhs from Rs 626.79 lakhs in the previous year, demonstrating operational improvements despite revenue challenges in the seasonal blankets business.
25Jan 26
Prakash Woollen & Synthetic Mills Schedules Board Meeting for February 4, 2026 to Consider Q3FY26 Financial Results
Prakash Woollen & Synthetic Mills Limited has scheduled its board meeting for February 4, 2026, to consider and approve Q3FY26 unaudited financial results for the quarter and nine months ended December 31, 2025. The meeting complies with SEBI Regulation 33 requirements, and the company's trading window will reopen 48 hours after the financial results declaration.
30Oct 25
Prakash Woollen & Synthetic Mills Reports Q2 Loss, Reconstitutes Audit Committee
Prakash Woollen & Synthetic Mills Limited reported a net loss of Rs 4.00 crore for Q2 2025, down from a profit of Rs 28.20 crore in Q1. H1 2025 loss improved to Rs 46.89 crore from Rs 130.72 crore in H1 2024. Q2 total income decreased to Rs 2,638.00 crore from Rs 2,689.55 crore in Q1. The company reconstituted its Audit Committee with Dr. Sandeep Raj as Chairman. Auditors' review contained no qualifications. Total assets increased to Rs 13,068.74 crore as of September 30, 2025.
05Sept 25
Prakash Woollen & Synthetic Mills Doubles Borrowing Limit to Rs. 20 Crore
Prakash Woollen & Synthetic Mills Limited has increased its borrowing limit from Rs. 10 crore to Rs. 20 crore. The decision was approved by the Finance Committee of the Board of Directors on September 5, 2025, following an initial approval by the Board on July 23, 2025. The company has informed BSE Limited about this development in compliance with SEBI regulations. This increase in borrowing capacity may indicate potential expansion plans or operational enhancements for the textile manufacturing company.
25Aug 25
Prakash Woollen & Synthetic Mills Enters INR 50 Lakh Inter-Corporate Loan Agreement with SAG Infocom
Prakash Woollen & Synthetic Mills Limited has signed an inter-corporate loan agreement with SAG Infocom Private Limited. The loan amount is INR 50 lakhs at 9% interest per annum for a 6-month tenure, extendable upon mutual agreement. The loan is for temporary financial accommodation and is not a related party transaction. No special rights or shareholding changes are involved. The disclosure was made in compliance with SEBI regulations.
12Aug 25
Prakash Woollen & Synthetic Mills Approves Q1 FY26 Unaudited Financial Results
Prakash Woollen & Synthetic Mills Limited's Board of Directors approved the unaudited financial results for Q1 FY26 on August 12, 2025. The meeting, held from 12:30 PM to 2:30 PM, reviewed the quarter ended June 30, 2025. The company's statutory auditors issued a Limited Review Report without qualifications. The results, in compliance with SEBI regulations, have been uploaded on the stock exchange and company websites. Prakash Woollen, listed on BSE with scrip code 531437, specializes in mink blankets manufacturing, exporting, and importing.
23Jul 25
Prakash Woollen & Synthetic Mills Announces Major Board Reshuffle and Corporate Updates
Prakash Woollen & Synthetic Mills Limited has announced significant changes to its board composition in a meeting held on July 23, 2025. Key appointments include Ashish Gupta and Kapil Gupta as Additional Directors and Whole-Time Directors, Pankaj Kumar Mittal as Non-Executive Independent Director, and Mayur Gupta as Non-promoter and Non-Executive Director. The board recommended reappointing Daya Kishan Gupta as Managing Director. Other decisions include appointing R.S. Bhatia as Secretarial Auditor, approving borrowing up to Rs. 10.00 crore, and scheduling the Annual General Meeting for August 30, 2025.
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999.10
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143.65
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660.65
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407.85
(-1.10%)
29.84
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77.37
(+0.97%)
33.74
(-0.50%)
1,540.00
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7,412.00
(-0.97%)
93.34
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