Prakash Industries Limited (PRAKASH) — Announcement

📢 Key Event
Prakash Industries announces special window for share transfer re-lodgement and property auction on May 12, 2026

💡 Investor Takeaway
Shareholders should note the company is proactively managing legacy share transfers and asset sales while advancing its digital payment strategy and IPO readiness.

Prakash Industries Limited announced via Business Standard that it will re-lodge physical share transfer requests through a special window and auction off two properties under SARFAESI Act on May 12, 2026, with a reserve price of Rs. 18.53 Lacs and earnest money deposit of Rs. 1.85 Lacs. The filing also references an EOGM for Phantom Digital Effects Limited on May 14, 2026, and a Swiss Challenge sale of NCDs by RKV Enterprises Pvt. Ltd. The company continues expanding its fintech and digital payment initiatives, including UPI ecosystem growth and IPO readiness, while capital deployment trends show strong investor confidence in real estate projects.

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