Prakash Steelage logo

Prakash Steelage MD, chairman, board of directors and AGM

NSE: PRAKASHSTLBSE: 533239Industrial ProductsSmall Cap

Last close ₹3.20down ₹0.07 (2.14%)BSE ₹3.24

Share price at the NSE close on 23 Oct 2026. Previous close ₹3.27.

52-week range of traded prices to 23 Oct 2026
₹3.11Low, 23 Oct 2026₹6.57High, 30 Dec 2025
Market cap
₹56 Cr3,076th largest listed
P/E
90.1
P/B
5.8
Dividend yield
Nonein the last 12 months
ROE
6.7%
ROCE
8.4%
Debt to equity
0.03
Volume, NSE
74,88669.6% delivered

Prakash Steelage 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

  • Chairperson and managing directorPRAKASH C. KANUGO
  • Company Secretary and Compliance OfficerSakshi Dinesh Faganiya

8 directors4 independent4 executive

  • PRAKASH C. KANUGO · Chairperson and managing directorExecutive · joined May 1991 · reappointed Oct 2023 · 0 months as independent · 1 listed board
  • HEMANT P. KANUGOExecutive · joined Sep 2003 · reappointed Oct 2023 · 0 months as independent · 1 listed board
  • ASHOK M. SETHExecutive · joined Nov 1993 · reappointed Dec 2025 · 0 months as independent · 1 listed board · 2 committee seats
  • KAMAL P. KANUGOExecutive · joined Aug 2023 · reappointed Aug 2023 · 0 months as independent · 1 listed board
  • RAJESH KUMAR AGARWALIndependent · joined Aug 2023 · reappointed Aug 2023 · 32 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • SUNDARAM PADMANABHANIndependent · joined Aug 2023 · reappointed Aug 2023 · 31 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SHARAD CHANDRA BOHRAIndependent · joined Aug 2023 · reappointed Aug 2023 · 31 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SHWETA MUNDRAIndependent · joined Aug 2024 · reappointed Aug 2024 · 23 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 1 as chair

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.

Committees and meetings

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

  • Board

    • 13 Aug 20268 of 8 present4 independent · 76 days in between
    • 28 May 20266 of 8 present3 independent

  • Audit Committee

    Chair SUNDARAM PADMANABHAN

    RAJESH KUMAR AGARWAL, ASHOK M. SETH, SHWETA MUNDRA

    • 13 Aug 20264 of 4 present3 independent · 76 days in between
    • 28 May 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair RAJESH KUMAR AGARWAL

    SUNDARAM PADMANABHAN, SHWETA MUNDRA

    • 13 Aug 20263 of 3 present3 independent · 441 days in between
    • 28 May 20253 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair SHARAD CHANDRA BOHRA

    RAJESH KUMAR AGARWAL, ASHOK M. SETH

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair SUNDARAM PADMANABHAN

    ASHOK M. SETH, HEMANT P. KANUGO

    No meeting listed in the filing.

  • Executive Committee

    Chair PRAKASH C. KANUGO

    HEMANT P. KANUGO, ASHOK M. SETH, KAMAL P. KANUGO

    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.

  • Pipara & Co. LLPPeer-review certificate valid to May 2027

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 Steelage 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 Steelage dividend history

Annual general meeting, 28 Sep 2026

1,50,615 shareholders on the register on 21 Sep 2026; present: 4 promoters and 72 others; votes counted by Shubh Karan Jain / S.K. Jain & Co..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 31st March, 2026, along with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 33.31% · promoters 97.53% · institutions 0.00% · other public 0.87%

  2. To appoint a Director in place of Mr. Hemant Prakash Kanugo (DIN: 00309894), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.22%

    Turnout: all 30.38% · promoters 88.81% · institutions 0.00% · other public 0.87%

  3. Ratification of remuneration payable to Cost Auditors for the Financial Year 2026-27.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.63%

    Turnout: all 33.31% · promoters 97.53% · institutions 0.00% · other public 0.87%

  4. To continue Directorship of Mr. Sharad Chandra Bohra (DIN: 00344223) as an Independent Director upon attaining the age of 75 years.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.23%

    Turnout: all 33.31% · promoters 97.53% · institutions 0.00% · other public 0.87%

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, 26 Sep 2025, 5 resolutions

1,62,430 shareholders on the register on 19 Sep 2025; present: 8 promoters and 31 others; votes counted by Shubh Karan Jain / S.K. Jain & Co..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 31st March, 2025, along with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.80%

    Turnout: all 33.58% · promoters 98.38% · institutions 0.00% · other public 0.84%

  2. Re-appointment of Mr. Kamal P. Kanugo (DIN: 02023367) as a Director liable to retire by rotation.
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.90%

    Turnout: all 30.56% · promoters 89.40% · institutions 0.00% · other public 0.84%

  3. Re-appointment of Mr. Ashok M. Seth (DIN: 00309706) as Whole-Time Director of the Company.
    OrdinaryPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.90%

    Turnout: all 30.94% · promoters 90.53% · institutions 0.00% · other public 0.84%

  4. Ratification of remuneration payable to Cost Auditors for the Financial Year 2025-26.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.98%

    Turnout: all 33.58% · promoters 98.38% · institutions 0.00% · other public 0.84%

  5. Appointment of M/s. S.K Jain & Co., Practicing Company Secretaries as the Secretarial Auditor of the Company for a period of 5 years i.e. From FY 2025 to FY 2030.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.88%

    Turnout: all 33.58% · promoters 98.38% · institutions 0.00% · other public 0.84%

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, 27 Sep 2024, 6 resolutions

Present: 11 promoters and 85 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 31st March 2024, along with Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 33.19% · promoters 97.53% · institutions 0.00% · other public 0.71%

  2. Re-appointment of Mr. Ashok M. Seth (DIN:00309706) as a Director liable to retire by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.49%

    Turnout: all 33.19% · promoters 97.53% · institutions 0.00% · other public 0.70%

  3. Ratification of remuneration payable to Cost Auditors for the financial year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.35%

    Turnout: all 33.19% · promoters 97.53% · institutions 0.00% · other public 0.70%

  4. Regularization of Additional Director, Mrs.Shweta Mundra (DIN: 08728819), by appointing her as Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.90%

    Turnout: all 33.19% · promoters 97.53% · institutions 0.00% · other public 0.71%

  5. Approval of material related party transaction
    SpecialPromoters have an interest in it
    99.98% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 11.67% · promoters 33.38% · institutions 0.00% · other public 0.70%

  6. To consider and approve the inter corporate loans to be availed from AMS Trading & Investment Pvt. Ltd. Upto Rs.10crores under Section 179, 180(1)(C), 188 Of The Companies Act, 2013 & Regulation 23 of the SEBI (LODR), Regulations, 2015MoreLess
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 28.48% · promoters 83.50% · institutions 0.00% · other public 0.70%

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, 27 Sep 2023, 9 resolutions

Present: 11 promoters and 59 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 31st March 2023, along with Reports of the Board of Directors and Auditors thereon
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 30.57% · promoters 89.57% · institutions 0.00% · other public 0.91%

  2. Re-appointment of Mr. Ashok M. Seth (DIN:00309706) as Director liable to retire by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 30.57% · promoters 89.57% · institutions 0.00% · other public 0.91%

  3. Re-appointment of M/s. Pipara & Co. LLP, Chartered Accountants, Mumbai (Firm Registration No.107929W/W-100219) as Statutory Auditor of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 30.57% · promoters 89.57% · institutions 0.00% · other public 0.91%

  4. Regularization of Additional Director, Mr. Kamal P. Kanugo (02023367), by appointing him as Whole Time Director of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 27.56% · promoters 80.56% · institutions 0.00% · other public 0.91%

  5. Re-appointment of Mr. Hemant P. Kanugo (DIN: 00309894) as a Whole-time Director of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.62%

    Turnout: all 27.65% · promoters 80.82% · institutions 0.00% · other public 0.91%

  6. Regularization of Additional Director, Mr Rajesh Kumar Agrawal (Din:07195960), by appointing him as Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 30.57% · promoters 89.57% · institutions 0.00% · other public 0.91%

  7. Regularization of Additional Director, Mr Sundaram Padmanabhan (Din:08454415), by appointing him as Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.45%

    Turnout: all 30.57% · promoters 89.57% · institutions 0.00% · other public 0.91%

  8. Regularization of Additional Director, Mr Sharad Chandra Bohra (Din:00344223), by appointing him as Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.45%

    Turnout: all 30.57% · promoters 89.57% · institutions 0.00% · other public 0.91%

  9. Re-appointment of Mr. Prakash C. Kanugo (Din:00286366) as Chairman and Managing Director of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 16.86% · promoters 48.57% · institutions 0.00% · other public 0.91%

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, 2 resolutions

Present: 7 promoters and 68 others.The company's voting result (opens in a new tab)

  1. To receive consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31 March, 2022,along with the Reports of the Board of Directors andAuditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 32.17% · promoters 96.63% · institutions 0.00% · other public 0.28%

  2. To appoint a director in place of Mr. Hemant P. Kanugo (DIN: 0030894), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.56%

    Turnout: all 32.17% · promoters 96.63% · institutions 0.00% · other public 0.28%

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 2021, 4 resolutions

Present: 12 promoters and 57 others.The company's voting result (opens in a new tab)

  1. Adoption of Financial Statements: To receive consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2021,along with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 47.56% · promoters 97.69% · institutions 0.00% · other public 0.98%

  2. Re-appointment of Mr. Prakash C. Kanugo (DIN: 00286366) as a Director liable to retire by rotation.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.36%

    Turnout: all 11.14% · promoters 22.11% · institutions 0.00% · other public 0.98%

  3. Ratification / Approval of Related Party Transactions during Financial Year 2019-20.
    SpecialPromoters have an interest in it
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 0.49% · promoters 0.00% · institutions 0.00% · other public 0.98%

  4. Approval of Related Party Transactions
    SpecialPromoters have an interest in it
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 0.49% · promoters 0.00% · institutions 0.00% · other public 0.98%

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.

Extraordinary general meeting, 29 Mar 2021, 1 resolution

Present: 17 promoters and 61 others.The company's voting result (opens in a new tab)

  1. To approve /sell or transfer or otherwise dispose-off Company’s entire equity stake of 32.47 % (i.e. 32,47,000 Equity Shares of Rs.10/- each ) in Tubacex Prakash India Private Limited ( the Joint Venture Company) by way of sale to Tubacex S.A., Spain.MoreLess
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.62%

    Turnout: all 49.58% · promoters 99.47% · institutions 0.00% · other public 3.50%

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 2018, 7 resolutions

Present: 19 promoters and 22 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2018, along with the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 50.34% · promoters 99.41% · institutions 0.00% · other public 5.25%

  2. To appoint a Director in place of Mr. Prakash C. Kanugo (DIN: 00286366), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.34% · promoters 99.41% · institutions 0.00% · other public 5.25%

  3. Appointment of M/s. Pipara & Co. LLP, Chartered Accountants, Mumbai (Firm Registration No. 107929W/W-100219) as the Statutory Auditors to fill the Casual Vacancy
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.34% · promoters 99.41% · institutions 0.00% · other public 5.25%

  4. To appoint and fix the remuneration of M/s. Pipara & Co. LLP, Chartered Accountants, (Firm Registration No.107929W/W- 100219) as the Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.34% · promoters 99.41% · institutions 0.00% · other public 5.25%

  5. Ratification of remuneration payable to Cost Auditors for the financial year ending on 31st March, 2019
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 50.34% · promoters 99.41% · institutions 0.00% · other public 5.25%

  6. Re-appointment of Mr. Prakash C. Kanugo (DIN: 00286366) as the Managing Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 13.64% · promoters 23.24% · institutions 0.00% · other public 5.25%

  7. Re-appointment of Mr. Hemant P. Kanugo (DIN: 00309894) as a Whole-time Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 13.64% · promoters 23.24% · institutions 0.00% · other public 5.25%

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.

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

None open at any quarter's end.
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
No
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.