ReferIndia News Prabhu Steel Industries Board Approves EOGM and Director Remuneration Revision

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Prabhu Steel Industries Board Approves EOGM and Director Remuneration Revision

Published on: Feb. 28, 2026, 11:22 a.m. | Source: scanx.trade

Prabhu Steel Industries Limited's board meeting on February 28, 2026, approved key corporate decisions including a special resolution to increase loan and investment limits under Section 186 of the Companies Act, 2013. The board revised Mr. Harish Agrawal's remuneration as Non-Executive Non-Independent Director to up to ₹15 lakhs per annum from FY 2025-26, subject to shareholder approval. An Extra Ordinary General Meeting has been scheduled for March 24, 2026, at 9:00 A.M. in Nagpur, with e-voting available from March 20-23, 2026, and M/S Jaymin Modi & Co appointed as scrutinizer.

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