Appointment of Senior Management Personnel (SMP) of the Company

Prakash Industries Limited Srivan, Bijwasan, New Delhi - 110061 CIN : L27109HR1980PLC010724 Tel.: +91-11-41155320 / 41155321 / 41155322 E-mail: pilho@prakash.com, Website: www.prakash.com PIL/SE/UFR/01/2026-27 11th August, 2026 Listing Department Listing Department National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C/1 Phiroze Jeejeebhoy Towers G Block,Bandra-Kurla Complex, Sandra (E) Dalal Street, Mumbai - 400051 Mumbai - 400001 Company Symbol : PRAKASH Company Code : 506022 Sub.: Outcome of Board Meeting Dear Sir, We would like to inform you that the Board of Directors of the Company in its meeting held on 11th August, 2026 have approved the following: 1. Financial Results : i) Unaudited Financial Results for the quarter ended 30th June, 2026 (enclosed) ii) Limited Review Report on the Unaudited Financial Results for the quarter ended 30th June, 2026 (enclosed) 2. Press release on the financial results for the quarter ended 30th June, 2026 (enclosed) 3. Appointment of the Statutory Auditors of the Company In terms of Clause 7 of Para A Part A Schedule Ill of Regulation 30 of SEBI LODR, this is to inform that the existing Statutory Auditors of the Company, Chaturvedi and Co. LLP., Chartered Accountants, shall complete their second term upon the conclusion of the 45th AGM to be held on 30th September, 2026. Hence, the Board of Directors on the recommendation of the Audit Committee has approved and recommended to the Shareholders, the appointment of M/s. SGAJ & Associates, Chartered Accountants (FRN:323891 E) as the Statutory Auditors of the Company for a period of 5 consecutive years from the conclusion of this 45th Annual General Meeting to be held on 30th September, 2026 till the conclusion of the 50th Annual General Meeting to be held in the financial year 2031-32. The details as required under the SEBI Master Circular on SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 dated January 30, 2026 are enclosed s Annexure I. ~ Regd. Office: 15 Km. Stone, Delhi Road, Hissar -125044 Prakash Industries Limited Continuation Sheet ............. . 4. Appointment of Senior Management Personnel ("SMP") of the Company Based on the recommendation of the Nomination and Remuneration Committee, the Board has approved the inclusion of the following officials into the category of Senior Management Personnel ("SMP") of the Company, pursuant to Regulation 16(1}(d} of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with effect from 11th August, 2026 : 1. Shri Ashok Kumar Chaturvedi - Executive Director (Corporate Affairs) 2. Shri Mahindra Kumar Pareek - Executive Director (Plant Head) 3. Shri Sanjay Joshi - Executive Director (Commercial) 4. Shri Deepak Mishra - Executive Director (Accounts & Taxation) 5. Shri Sudhakar Saraswat - President (Purchase) 6. Shri Ashok Kumar Sharma - President (Accounts) 7. Shri Deepak Dash - Sr. Vice President (Sirkaguttu Iron ore Mine) 8. Shri Arun Kumar Singh - Vice President, (Bhaskarpara Coal Mine) 9. Shri Udai Singh -Assistant Vice President (HR & Admin) 10. Shri Rajendran Rathinam - General Manager (Windmill Division) The details as required under the SEBI Master Circular on SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 dated January 30, 2026 are enclosed as Annexure II. The Board Meeting commenced at 12.30 P.M. and concluded at 2 , 40 P.M. This information is pursuant to Regulation 33, 52, & 30 of the SEBI (LODR), Regulations, 2015. This is for your information and record . Thanking you, Yours faithfully, For Prakash Industries Limited Arvind Mahla Company Secretary Encls : as above Prakash Industries Limited (CIN : L27109HR1980PLC010724) Regd. Office : 15 Km. Stone, Delhi Road, Hissar -125044 (Haryana) Corporate Office : SRIVAN, Bijwasan. New Delhi -110061 Website:www.prakash.com Statement of Unaudited Financial Results for the quarter ended 30th June, 2026 (f In lakhs) S.No. Particulars Quarter Ended 30.06.26 31.03.26 30.06.25 31.03.26 unaudited Audited unaudited Audited 1 Revenue from operations Sales/ Income from operations 1,03,200 91,987 1,03,708 3,47,866 Total Revenue from operations 1,03,200 91,987 1,03,708 3,47,866 2 Other Income 668 614 582 2,946 3 Total Income (1+2) 1,03,868 92,601 1,04,290 3,50,812 4 Expenses a)Cost of material consumed 59,904 55,027 67,249 2,11,196 b )Changes in inventories of finished goods and work-in-progress (623) 392 (338) 229 c)Employee benefits expense 7,961 7,235 7,586 30,369 d)Finance costs 1,843 1,375 1,067 4,408 e )Depreciation and amortisation expense 4,285 4,170 4,173 16,793 f)Otherexpenses 21,224 15,070 15,413 54,743 Total Expenses 94,594 83,269 95,150 3,17,738 5 Profit before Exceptional Items and Tax(3-4) 9,274 9,332 9,140 33,074 6 Exceptional items - - - - 7 Profit before Tax(S-6) 9,274 9,332 9,140 33,074 8 Tax expenses -Earlier Year Tax(Net) - - - (240) -Current Tax(MAT) 2,147 1,724 1,589 5,641 -MAT Credit Entitlement - (1724) (1589) (5641) Total Tax expense 2,147 - - (240) 9 Profit after tax(7-8) 7,127 9,332 9,140 33,314 10 Other Comprehensive Income a)ltems that will not be reclassified to Profit or loss -Remeasurement of defined benefit plans (215) 394 (209) (784) -Income tax relating to items that will not be reclassified to profit and loss* - - - - (215) 394 (209) (784) 11 Total Comprehensive Income for the period (9+10) - 6,912 9,726 8,931 32,530 12 Paid up Equity Share Capital (i~ 7,908 17,908 17,908 17,908 Face Value t10 per Share) .. 13 Other Equity I~ \Nt:V ~ '"Jg: I - - - 3,40,929 14 Earnings Per Share ( Face value off 10 each) ~G~~ ~ ~~- Before Exceptional Items .·· ...... •~_•s•§• ~_ ••. . . lrfl ACCIJ'\)~ ~ 3.98 5.21 5.10 18.60 (a)Basic t ... ..-<.~•.Q \ j (b)Diluted t /~ ; ~-~" 3.98 5.21 5.10 18.60 After Exceptional Items CJ>j NE'H:jl.HI (a)Basic t \ ..... ~ * (·) ~.~ . . 3.98 5.21 5.10 18.60 (b) Diluted t •• ·. ... c::I 3.98 5.21 5.10 18.60 (figures for the quarter not annualised) 'Deferred tax liability is adjusted against Securities Premium Account in terms of an order of Hon'ble High Court. Notes: 1. The above Unaudited Financial Results for the quarter ended 30th June 2026 have been reviewed by the Audit Committee and approved by the Company's Board of Directors at their respective meetings held on 11th August 2026. The Statutory Auditors have reviewed these financial results pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. The statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 as amended and other recognised accounting practices and policies to the extent applicable. 3. The deferred tax Liability of~ 165 lakhs for the quarter ended on 30th June 2026 has been adjusted against Securities Premium Account in terms of a court order. 4. Profit after tax for the quarter is~ 7,147 lakhs against ~ 9,140 lakhs in the corresponding quarter of the last financial year as the Company has opted for new tax regime under the Income Tax Act,2025 w.e.f 1st April,2026 and as such tax exemption under section 80-IA of the Income Tax Act is not available to the Company henceforth. Accordingly current tax and deferred tax has been calculated. 5. The Company operates in one segment only i.e. "Iron & Steel" and therefore, has only one reportable segment in accordance with IND AS 108 "operating segments". 6. The figures for the quarter ended 31st March 2026 are the balancing figures between audited figures in respect of the full financial year ended 31st March 2026 and unaudited year-to-date published figures up to the third quarter ended 31st December 2025. 7. Previous period/year figures have been regrouped/reclassified, wherever considered necessary to make them comparable. By order of the Board Place: New Delhi Date: 11th August , 2026 CHATURVEDI & CO. LLP Chartered Accountants 1 No I A 406 [Showing first 8,000 characters — download PDF for full document]