Prakash Steelage 35th AGM: all 4 resolutions passed
PRAKASHSTL · price
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On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and in line with its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Prakash Steelage held its 35th AGM on Sept 28, 2026 via video conferencing. All 4 resolutions passed with strong support: adoption of FY26 audited financials (100% in favor), re-appointment of Hemant Kanugo as director retiring by rotation (99.94%), ratification of cost auditor remuneration for FY27 (99.94%), and continuation of Sharad Bohra as Independent Director past age 75 via special resolution (99.94%). About 33% of total shares participated in voting. Around 150,615 shareholders were on record date.
Routine AGM outcome with near-unanimous approval on all items; no material stock impact expected.