Shareholders meeting

Manufacturer of ©® info@prakashsteelage.com " P RAKAS H Stainless Steel Pipes © www.prakashsteelage.com & Tubes @ +9122 66134500 September 03, 2026 To, To, The BSE Limited The National Stock Exchange of India Limited Listing Department, Exchange Plaza, Plot No. C/1, Phiroze Jeejeebhoy Towers, G-Block, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai — 400 051 Mumb-a 40i0 001 Sub.: Annual Report for the Financial Year 2025-2026 and Notice of 35" Annual General Meeting. Ref.: Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Regquirements) Regulations, 2015. Scrip Code: 533239 (BSE); PRAKASHSTL (NSE) Dear Sir/ Madam, Pursuant to Regulation 34(1) read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed the following documents for the Financial Year 2025-26: 1. Notice of 35" Annual General Meeting to be held on Monday, September 28, 2026 at 3.00 p.m. through Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM'), to transact the business mentioned in the Notice convening the said AGM. 2. Annual Report for the Financial Year: 2025-26. This is for your information and record. Thanking you, Yours faithfully, For Prakash Steelage Limited Prakash C. Kanugo Chairman & Managing Director DIN: 00286366 ) Registered Office: 101 Shatrunjay Apartment, 28 Sindhi Lane, Nanubhai Desai Road, Mumbai - 400 004, Maharashtra, India. 1SO 9001:2015, ISO 140! O 45001:2018 & AD 200( erkblatt W O PED Certified Co. CIN : L27106MH1991PLC061595 35TH ANNUAL REPORT 2025 – 26 Manufacturers & Exporters of Stainless Steel Welded Pipes & Tubes Prakash Steelage Limited Annual Report 2025-2026 CIN : L27106MH1991PLC061595 Board of Directors Bankers Prakash C. Kanugo Bank of Baroda Chairman & Managing Director ICICI Bank Kotak Mahindra Bank Ashok M. Seth WholeTime Director & CFO StatutoryAuditors M/s. Pipara & Co. LLP Hemant P. Kanugo CharteredAccountants WholeTime Director SecretarialAuditors Kamal P. Kanugo WholeTime Director M/s. S. K. Jain & Co. Company Secretaries Sundaram Padmanabhan Independent Director InternalAuditors M/s. Luniya & Co. CharteredAccountants Rajesh KumarAgrawal Independent Director Corporate Identification Number Sharad Chandra Bohra Independent Director L27106MH1991PLC061595 Shweta Mundra Registrar & Share TransferAgents Independent Director Bigshare Services Private Limited S6-2, 6thFloor, Pinnacle Business Park, Next toAhura Centre, Mahakali Caves Road, Company Secretary & Andheri (East), Mumbai-400 093. Maharashtra Tel. : +91-022-62638222 Compliance Officer Fax : +91-022-62638299 Email : charmi@bigshareonline.com Himanshu Sethia (Upto 02ndJune, 2025) Website : www.bigshareonline.com Sakshi Faganiya Manufacturing Unit (Appointed w.e.f. 3rdJune 2025) Survey No. 46/1, Parjai Road, Village : Kherdi, Silvassa - 396 230, UnionTerritory Dadra & Nagar Haveli (India) Prakash Steelage Limited Annual Report 2025-2026 CIN : L27106MH1991PLC061595 Contents PageNo. 1. Noticeof 35thAnnualGeneralMeeting 2-16 2. LetterfromChairman 17 3. Board'sReport 18-26 4. AnnexureI:RemunerationPolicy 27-28 5. AnnexureII:SecretarialAuditReport 29-34 6. AnnexureIII:Detailsofcontractsorarrangementsortransactionsatarm'slengthbasis35-36 7. AnnexureIV: ConservationofEnergy,Technology,Absorption& ForeignExchangeEarningandoutgo 37 8. AnnexureV&V-A:RemunerationofDirectors&KMP 38-39 9. AnnexureVI:ManagementDiscussion&AnalysisReport 40-48 10. AnnexureVII:CorporateGovernanceReport 49-74 11. Auditor'sReport 75-85 12. Financial Statements 86-123 Prakash Steelage Limited Annual Report 2025-2026 CIN : L27106MH1991PLC061595 NOTICE of 35thANNUAL GENERAL MEETING NOTICE is hereby given that the 35th (Thirty-Fifth) Annual General Meeting (“AGM”) of the Members of Prakash SteelageLimitedwillbeheldonMonday,28thSeptember,2026at3.00p.m.ThroughVideoConferencing('VC')/Other Audio-VisualMeans('OAVM'),totransactthefollowingbusiness: ORDINARYBUSINESS: ItemNo.1:AdoptionofFinancialStatements: Toreceive,considerandadopttheAuditedFinancialStatementsoftheCompanyfortheFinancialYearended31stMarch, 2026,alongwiththeReportsoftheBoardofDirectorsandAuditorsthereon. To consider and if deemed fit, to assent or dissent to the following Resolution as an Ordinary Resolution: “RESOLVEDTHATtheAuditedFinancialStatementsoftheCompanyfortheFinancialYearended31stMarch,2026along withthereportsoftheBoardofDirectorsandAuditorsthereonbeandareherebyconsideredandadopted.” ItemNo.2:Re-appointmentofMr.HemantP.Kanugo(DIN:00309894)asaDirectorliabletoretirebyrotation: ToappointaDirectorinplaceofMr.HemantPrakashKanugo(DIN:00309894),whoretiresbyrotationandbeingeligible, offershimselfforre-appointment. Toconsiderandifdeemedfit,toassentordissenttothefollowingresolutionasanOrdinaryResolution: “RESOLVEDTHATpursuanttotheprovisionsofSection152oftheCompaniesAct,2013,Mr.HemantPrakashKanugo (DIN:00309894),whoretiresbyrotationatthismeetingandbeingeligible,hasofferedhimselfforre-appointment,beand isherebyre-appointedasaDirectoroftheCompany,liabletoretirebyrotation.” SPECIALBUSINESS: ItemNo.3:RatificationofremunerationpayabletoCostAuditorsfortheFinancialYear2026-27: Toconsiderandifdeemedfit,toassentordissenttothefollowingresolutionasanOrdinaryResolution: “RESOLVEDTHATpursuanttotheprovisionsofSection148andotherapplicableprovisions,ifany,oftheCompanies Act, 2013, read with the Companies (Audit andAuditors) Rules, 2014 and the Companies (Cost Records andAudit) Rules, 2014, (including any statutory modification(s) / re-enactment(s) thereof, for the time being in force), the remunerationpayabletoM/s.P.K.Patwa&Co,CostAccountants(FirmRegistrationNo.:003080),CostAuditorsofthe Company,toconducttheauditofthecostrecordsoftheCompanyfortheFinancialYearending31stMarch,2027,as recommended by the Audit Committee of the Company and approved by the Board of Directors of the Company, amountingtoRs.35,000/-p.a.(RupeesThirtyFiveThousandonly)plustaxesasapplicableandreimbursementofoutof pocketexpensesincurredinconnectionwiththeaforesaidaudit,beandisherebyratifiedandconfirmed.” Item No. 4: Continuation of Directorship by Mr. Sharad Chandra Bohra(DIN: 00344223) as an Independent DirectoroftheCompany: Toconsiderandifdeemedfit,toassentordissenttothefollowingresolutionasSpecialResolution: “RESOLVED THAT pursuant to Regulation 17(1A) and 25(2A) of the SEBI (Listing Obligations and Disclosure Requirements)Regulations,2015,andotherapplicableprovisionsoftheCompaniesAct,2013(includinganystatutory modification(s) and/or re-enactment(s) thereof for the time being in force) and other applicable laws, if any, and in continuationofresolutionpassedatthe32ndAnnualGeneralMeetingoftheCompanyapprovingtheappointmentofMr. Sharad Chandra Bohra as an Independent Director for a term of four consecutive years ending on 24thAugust 2027, approvaloftheMembersoftheCompanybeandisherebyaccordedforthecontinuationofthedirectorshipofMr.Sharad ChandraBohra(DIN:00344223)asanIndependentDirectoroftheCompany,notwithstandingthathewillattaintheage of75(seventy-five)yearson09thJune2027,toholdofficefortheremainderofhiscurrenttermwhichisupto24thAugust 2027,andthatheshallnotbeliabletoretirebyrotation; Prakash Steelage Limited Annual Report 2025-2026 CIN : L27106MH1991PLC061595 RESOLVEDFURTHERTHATtheBoardofDirectorsoftheCompany(includinganyCommitteeauthorisedbytheBoard) beandisherebyauthorisedtodoallsuchacts,deeds,mattersandthings,andtosignandexecuteallsuchdocumentsas maybenecessaryorexpedienttogiveeffecttothisresolution,includingresolvinganyquestionsordifficultiesthatmay arise,withoutrequiringanyfurtherapprovaloftheMembers. ForandonBehalf oftheBoardofDirectors Prakash Steelage Limited Sd/- Prakash C. Kanugo Date :13thAugust, 2026 Chairman & Managing Director Place :Mumbai DIN: 00286366 Prakash Steelage Limited Annual Report 2025-2026 CIN : L27106MH1991PLC061595 NOTES 1. ExplanatoryStatementunderSection102oftheCompaniesAct("theAct"): An Explanatory Statement pursuant to Section 102 of the Act setting out material facts conce [Showing first 8,000 characters — download PDF for full document]