Prabhu Steel Industries Share Price Today

Prabhu Steel Q2FY27 Results: Net profit up 44% YoY to ₹7.40 lakh

Net profit declined 44% YoY to ₹7.40 lakh in Q2FY27. Revenue from operations fell 52% YoY to ₹126.47 lakh. Half-year net profit rose 7% YoY to ₹23.75 lakh. Cash and cash equivalents surged to ₹103.27 lakh from ₹24.75 lakh.

Prabhu Steel AGM voting results: All 7 resolutions pass unanimously

All 7 resolutions at Prabhu Steel's 54th AGM passed unanimously with zero dissenting votes. Total votes polled were 378,500 for non-interested items and 239,100 for remuneration revisions. 22 members participated in voting, comprising 7 e-voters and 15 attendees at the physical meeting. Special resolutions for director remuneration revisions received full support from public shareholders.

Prabhu Steel files FY26 annual report; AGM set for Sep 25

Prabhu Steel Industries files annual report for FY26 with stock exchanges. 54th AGM scheduled for September 25, 2026, at registered office in Nagpur. Shareholders to approve director remuneration hike to ₹25 lakh each. Proposal to enhance overall borrowing limits to ₹200 crore for expansion. Approval sought for related party transactions worth ₹15.1 crore total.

Prabhu Steel Industries profit surges 86% in Q1FY27 on leaner inventory

Prabhu Steel Industries delivered strong bottom-line growth in Q1FY27 with net profit rising 85.8% to ₹16.35 lakh, aided by disciplined inventory management. Revenue grew modestly by 3.9% to ₹499.11 lakh. Leadership changes include the appointment of Vrutika Agrawal as CFO.

Prabhu Steel Industries passes MOA amendment resolution at EGM

Prabhu Steel Industries Limited held an EGM on June 3, 2026, to amend the object clause of its Memorandum of Association. The special resolution to align the MOA with the Companies Act, 2013, was passed with 100% of the 76,700 votes polled in favour. The meeting was chaired by Mr. Dinesh Agarwal and scrutinized by Jaymin Modi.

Prabhu Steel Schedules 1st EGM of 2026 on June 3 for MOA Alteration

Prabhu Steel Industries Limited has convened its 1st Extra Ordinary General Meeting of 2026 on June 3, 2026, to seek shareholder approval via special resolution for altering the MOA's Objects Clause to include mining, quarrying, and hydrocarbons businesses. The EOGM notice has been published in 'Active Times' and 'Mumbai Lakshadeep' under Regulation 47 of SEBI LODR, with remote e-voting through NSDL from May 30 to June 2, 2026, and a cut-off date of May 26, 2026.