Prakash Industries logo

Prakash Industries MD, chairman, board of directors and AGM

NSE: PRAKASHBSE: 506022Ferrous MetalsSmall Cap

Last close ₹111.62down ₹6.81 (5.75%)BSE ₹112.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹118.43.

52-week range of traded prices to 23 Oct 2026
₹110.24Low, 27 Jan 2026₹172.90High, 3 Nov 2025
Market cap
₹1,999 Cr1,080th largest listed
P/E
6.4
P/B
0.6
Dividend yield
1.61%
ROE
9.1%
ROCE
8.6%
Debt to equity
0.14
Volume, NSE
8,95,62445.0% delivered

Prakash Industries board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonVED PRAKASH AGARWALRelated to the promoter
  • Managing directorVIKRAM AGARWAL
  • Managing directorKANHA AGARWAL
  • Company Secretary and Compliance OfficerArvind Mahla

8 directors4 independent4 executive

  • VED PRAKASH AGARWAL · ChairpersonExecutive · joined Jul 1980 · reappointed Apr 2023 · 2 listed boards
  • VIKRAM AGARWAL · Managing directorExecutive · joined May 2005 · reappointed Apr 2024 · 2 listed boards · 3 committee seats
  • KANHA AGARWAL · Managing directorExecutive · joined May 2014 · reappointed Apr 2025 · 2 listed boards · 2 committee seats
  • SANJAY JAINExecutive · joined Aug 2022 · reappointed Aug 2025 · 1 listed board
  • SATISH CHANDER GOSAINIndependent · joined Aug 2018 · reappointed Aug 2023 · 97 months as independent · 2 listed boards · 2 as independent · 2 committee seats
  • JATIN GUPTAIndependent · joined Nov 2023 · reappointed Nov 2023 · 35 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • ANKITA GARGIndependent · joined Nov 2023 · reappointed Nov 2023 · 35 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • HARSH VARDHAN AGARWALIndependent · joined Apr 2024 · reappointed Apr 2024 · 30 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • SUNIL KUMAR, left 3 Feb 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 11 Aug 20268 of 8 present4 independent · 80 days in between
    • 22 May 20268 of 8 present4 independent

  • Audit Committee

    Chair ANKITA GARG

    SATISH CHANDER GOSAIN, KANHA AGARWAL, JATIN GUPTA

    • 11 Aug 20264 of 4 present3 independent · 80 days in between
    • 22 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair ANKITA GARG

    JATIN GUPTA, SATISH CHANDER GOSAIN

    • 11 Aug 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair ANKITA GARG

    VIKRAM AGARWAL, KANHA AGARWAL

    No meeting listed in the filing.

  • Risk Management Committee

    Chair VIKRAM AGARWAL

    SATISH CHANDER GOSAIN, SANJAY JAIN

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair VIKRAM AGARWAL

    KANHA AGARWAL, SATISH CHANDER GOSAIN

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Chaturvedi & Co. LLPPeer-review certificate valid to Dec 2028
1 earlier auditor
  • Chaturvedi & Co.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Prakash Industries AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Prakash Industries dividend history

Annual general meeting, 30 Sep 2026

93,256 shareholders on the register on 23 Sep 2026; present: 1 promoter and 102 others; votes counted by BHOOPENDRA KUMAR BOHRA / B K BOHRA AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Financial Statements, Reports of the Board of Directors and Auditors thereon as at 31st March, 2026
    Ordinary
    92.96% for7.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 83.55%

    Turnout: all 43.27% · promoters 89.28% · institutions 0.00% · other public 6.56%

  2. To approve payment of dividend of ₹ 1.80 per equity shares of Face Value of ₹ 10 each (i.e. 18%) for the Financial Year ended on 31st March, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 43.33% · promoters 89.28% · institutions 0.00% · other public 6.66%

  3. To re-appoint Shri Kanha Agarwal (DIN : 06885529), who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director
    OrdinaryPromoters have an interest in it
    94.04% for5.96% against

    Against: promoters 0.00% · institutions 0.00% · other public 69.75%

    Turnout: all 43.33% · promoters 89.28% · institutions 0.00% · other public 6.66%

  4. To Appoint M/s. SGAJ & Associates as Statutory Auditors of the Company and fix their Remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 43.33% · promoters 89.28% · institutions 0.00% · other public 6.66%

  5. To Ratify the remuneration of Cost Auditors for the Financial Year 2026-27
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 43.33% · promoters 89.28% · institutions 0.00% · other public 6.66%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2025, 8 resolutions

98,879 shareholders on the register on 23 Sep 2025; present: 2 promoters and 96 others; votes counted by BHOOPENDRA KUMAR BOHRA / B K BOHRA AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Financial Statements, Reports of the Board of Directors and Auditors thereon as at 31st March, 2025
    Ordinary
    93.02% for6.98% against

    Against: promoters 0.00% · institutions 0.00% · other public 87.45%

    Turnout: all 48.23% · promoters 100.00% · institutions 0.00% · other public 6.92%

  2. To approve payment of dividend of ₹ 1.50 per equity shares of Face Value of ₹ 10 each (i.e. 15%) for the Financial Year ended on 31st March, 2025
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 48.29% · promoters 100.00% · institutions 0.00% · other public 7.03%

  3. To appoint of Shri Vikram Agarwal (DIN : 00054125), who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director
    OrdinaryPromoters have an interest in it
    99.25% for0.75% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.32%

    Turnout: all 48.29% · promoters 100.00% · institutions 0.00% · other public 7.03%

  4. To Ratify the remuneration of Cost Auditors for the Financial Year 2025-26
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 48.29% · promoters 100.00% · institutions 0.00% · other public 7.03%

  5. To approve the re-appointment of Shri Sanjay Jain(DIN : 00038557) as whole time Director designated as Director(Operations) of the Company for a period of three years and fix his remuneration
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 48.29% · promoters 100.00% · institutions 0.00% · other public 7.03%

  6. To approve the re-appointment of Shri Bhoopendra Kumar Bohra Proprietor of M/s. B K Bohra and Associates as Secretarial Auditor of the Company for a period of five years
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 48.29% · promoters 100.00% · institutions 0.00% · other public 7.03%

  7. To approve the continuation of tenure of Shri Ved Prakash Agarwal, (DIN : 00048907) Whole-time Director designated as Chairman, upon attaining the age of 70 years
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 48.29% · promoters 100.00% · institutions 0.00% · other public 7.03%

  8. To approve the continuation of tenure of Dr. Satish Chader Gosain, (DIN: 08202130) Non-executive and Independent Director, upon attaining the age of 75 years
    Special
    94.58% for5.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 66.99%

    Turnout: all 48.29% · promoters 100.00% · institutions 0.00% · other public 7.03%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 21 Mar 2025, 1 resolution

1,03,925 shareholders on the register on 14 Feb 2025; votes counted by CS BHOOPENDRA KUMAR BOHRA / B K BOHRA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Approval for re-appointment of Shri Kanha Agarwal (DIN : 06885529) as Joint Managing Director of the Company and fix his remuneration
    SpecialPromoters have an interest in it
    95.43% for4.57% against

    Against: promoters 0.00% · institutions 0.00% · other public 50.12%

    Turnout: all 48.70% · promoters 99.98% · institutions 0.00% · other public 7.97%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 6 resolutions

Present: 0 promoters and 89 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Financial Statements, Reports of the Board of Directors and Auditors thereon as at 31st March, 2024
    Ordinary
    99.40% for0.60% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.24%

    Turnout: all 49.99% · promoters 100.00% · institutions 0.00% · other public 10.27%

  2. To approve payment of dividend of ¿ 1.20 per equity shares of Face Value of ¿ 10 each (i.e. 12%) for the Financial Year ended on 31st March, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 50.20% · promoters 100.00% · institutions 0.00% · other public 10.66%

  3. To appoint of Shri Sanjay Jain (DIN : 00038557), who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.10%

    Turnout: all 50.20% · promoters 100.00% · institutions 0.00% · other public 10.66%

  4. To Ratify the remuneration of Cost Auditors for the Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 50.20% · promoters 100.00% · institutions 0.00% · other public 10.66%

  5. To approve the request received from Aircon Systems (India) Pvt. Ltd. belonging to Promoter Group of the Company for re-classification from “Promoter and Promoter Group” category to Public category shareholderMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 50.20% · promoters 100.00% · institutions 0.00% · other public 10.66%

  6. To approval the Amendment in the Main Object Clause of the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 50.20% · promoters 100.00% · institutions 0.00% · other public 10.66%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 30 Mar 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. To approve the reappointment of Shri Vikram Agarwal(DIN:00054125) as Managing Director of the Company and fix his remuneration
    SpecialPromoters have an interest in it
    99.22% for0.78% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.86%

    Turnout: all 49.91% · promoters 100.00% · institutions 0.00% · other public 10.19%

  2. To approve the appointment of Shri Harsh Vardhan Agarwal(DIN: 09163309) as Independent and Non-Executive Director of the Company
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 49.91% · promoters 100.00% · institutions 0.00% · other public 10.19%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2023, 5 resolutions

Present: 1 promoter and 99 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31st March, 2023, together with the Reports of the Board of Directors and Auditors thereon (Ordinary Resolution)MoreLess
    Ordinary
    98.30% for1.70% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.63%

    Turnout: all 50.54% · promoters 100.00% · institutions 0.00% · other public 11.30%

  2. To appoint of Shri Kanha Agarwal (DIN : 06885529), who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director (Ordinary Resolution)
    OrdinaryPromoters have an interest in it
    92.50% for7.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 56.51%

    Turnout: all 51.02% · promoters 100.00% · institutions 0.00% · other public 12.16%

  3. To ratify the remuneration of Cost Auditors (Ordinary Resolution)
    Ordinary
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 51.02% · promoters 100.00% · institutions 0.00% · other public 12.16%

  4. To approve the appointment of Mrs. Ankita Garg (DIN : 10253617) as Independent and Non-Executive Director (Ordinary Resolution)
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 51.02% · promoters 100.00% · institutions 0.00% · other public 12.16%

  5. To approve the appointment of Shri Jatin Gupta (DIN : 00007185) as Independent and Non-Executive Director (Ordinary Resolution)
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 51.02% · promoters 100.00% · institutions 0.00% · other public 12.16%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 23 Jun 2023, 2 resolutions

The company's voting result (opens in a new tab)

  1. Approval for re-appointment of Shri Ved Prakash Agarwal (DIN : 00048907) as Whole-time Director designated as Chairman of the Company and fix his remuneration
    SpecialPromoters have an interest in it
    93.37% for6.63% against

    Against: promoters 0.00% · institutions 0.00% · other public 42.15%

    Turnout: all 36.38% · promoters 70.79% · institutions 0.00% · other public 10.10%

  2. Approval for re-appointment of Dr. Satish Chander Gosain (DIN : 08202130) as an Independent Director of the Company
    Special
    94.60% for5.40% against

    Against: promoters 0.00% · institutions 0.00% · other public 46.22%

    Turnout: all 49.04% · promoters 100.00% · institutions 0.00% · other public 10.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2022, 5 resolutions

Present: 1 promoter and 67 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31st March, 2022, together with Reports of the Board of Directors and Auditors thereon
    Ordinary
    98.04% for1.96% against

    Against: promoters 0.00% · institutions 0.00% · other public 29.54%

    Turnout: all 46.38% · promoters 100.00% · institutions 0.00% · other public 5.44%

  2. To appoint Shri Vikram Agarwal (DIN : 00054125), who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Direcotor
    OrdinaryPromoters have an interest in it
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.29%

    Turnout: all 46.46% · promoters 100.00% · institutions 0.00% · other public 5.59%

  3. To approve the appointment of Shri Sanjay Jain (DIN : 00038557) as a Director of the Company
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.34%

    Turnout: all 46.46% · promoters 100.00% · institutions 0.00% · other public 5.60%

  4. To approve the appointment of Shri Sanjay Jain (DIN : 00038557) as Whole-time Director of the Company
    Special
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.34%

    Turnout: all 46.46% · promoters 100.00% · institutions 0.00% · other public 5.59%

  5. To ratify the remuneration of Cost Auditors
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.01%

    Turnout: all 46.44% · promoters 100.00% · institutions 0.00% · other public 5.55%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 30 Sep 2025, 1 fund house

  • To receive, consider and adopt Audited Financial Statements, Reports of the Board of Directors and Auditors thereon as at 31st March, 2025
    1 for0 against
  • To approve payment of dividend of ₹ 1.50 per equity shares of Face Value of ₹ 10 each (i.e. 15%) for the Financial Year ended on 31st March, 2025
    1 for0 against
  • To appoint of Shri Vikram Agarwal (DIN : 00054125), who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director
    1 for0 against
  • To Ratify the remuneration of Cost Auditors for the Financial Year 2025-26
    1 for0 against
  • To approve the re-appointment of Shri Sanjay Jain(DIN : 00038557) as whole time Director designated as Director(Operations) of the Company for a period of three years and fix his remuneration
    1 for0 against
  • To approve the re-appointment of Shri Bhoopendra Kumar Bohra Proprietor of M/s. B K Bohra and Associates as Secretarial Auditor of the Company for a period of five years
    1 for0 against
  • To approve the continuation of tenure of Shri Ved Prakash Agarwal, (DIN : 00048907) Whole-time Director designated as Chairman, upon attaining the age of 70 years
    1 for0 against
  • To approve the continuation of tenure of Dr. Satish Chader Gosain, (DIN: 08202130) Non-executive and Independent Director, upon attaining the age of 75 years
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Sep 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.