Prashant India Ltd Reports Narrowed Net Loss in Q1, Revenue Rises Aug 14, 2025
More news about Prashant
24Jul 25
Prashant India Ltd Sells Wind Power Division Assets for ₹85 Lakhs
Prashant India Ltd has agreed to sell used windmill equipment and scrap from its Wind Power Division in Dhank, Rajkot to Arbuda Metal Industry for ₹85 lakhs plus taxes. The sale agreement was signed on July 24, 2025, with completion expected within 30 days. The Wind Power Division contributed ₹11,44,880 to the company's turnover in the previous fiscal year. This divestment, approved by shareholders on September 27, 2023, represents the entire turnover from the division and may indicate a strategic shift for the company.
24Jul 25
Prashant India Ltd to Sell Wind Power Division Assets for ₹85 Lakhs
Prashant India Ltd has agreed to sell used windmill equipment and scrap from its Wind Power Division in Dhank, Rajkot, to M/s. Arbuda Metal Industry for ₹85.00 lakhs plus taxes. The agreement, dated July 24, 2025, is expected to complete within 30 days. The Wind Power Division contributed ₹11,44,880 in turnover and had a net worth of ₹92,67,579 in the last financial year. The sale was authorized by shareholders and complies with the Companies Act, 2013.