Prabhu Steel Industries held its 1st EGM on March 24, 2026, passing two special resolutions with 100% votes in favour.
Resolution 1 approved investment/loan/guarantee limits under Section 186 of the Companies Act, 2013.
Resolution 2 approved revised remuneration for Non-Executive Director Mr. Harish Agrawal, exceeding Section 197/Schedule V limits.
Total votes polled were 76,700 (10.70% of 717,000 outstanding shares), all cast via physical poll at the EGM.