Prashant India Ltd is engaged in the business of Textile and Wind Power Generation.Business Overview: Company manufactures polyester fabrics and polyester texturized sized and twisted yarn and was second-largest exporter of rapeseed de-oiled cakes from India. Company's Agro Division got shut down in FY00. Presently, company is a manufacturer, seller...
Prashant India has entered an agreement for the sale of used windmill/scrap from its Wind Power Division located at Dhank, Rajkot, to M/s. Arbuda Metal Industry. This move follows a shareholder resolution regarding the disposal of company assets. The total sale consideration for this transaction is ₹0.85 Cr plus applicable...
Prashant India has entered into an agreement to sell its Wind Power Division, located at Dhank, Rajkot, to M/s. Arbuda Metal Industry. The sale of used windmill/scrap is for a total consideration of 0.85 Cr plus applicable tax, with 0.50 Cr already received as an advance. This divestment follows a...
Prashant India Ltd. has completed the sale of its N.A. Industrial Land & Building of the Textile Division located at Palsana to Shantilon Poly Private Limited. The total consideration received for this asset disposal is ₹10 crore. This transaction, involving a buyer whose directors are part of the promoter group...
Prashant India Ltd. has announced that the National Company Law Tribunal (NCLT), Ahmedabad Bench, has registered two petitions filed against the company by Procon Financial and Investment Pvt. Ltd. The company is preparing its legal response and is actively defending its position to protect stakeholder interests. These proceedings could impact...
Prashant India Ltd. has announced a confirmation certificate from its Registrar and Share Transfer Agent, MCS Share Transfer Agent Ltd., confirming that all securities received for dematerialization during the quarter were processed—accepted or rejected—and listed on the relevant stock exchanges. The physical share certificates were cancelled and replaced with electronic...
