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Latest Prabhhans Inds stock news and related company updates.
13 Sep 2026 – 12 Oct 2026 · Times in IST
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Prabhhans Industries announced an open offer for up to 15.9% voting share capital at INR 41.3 per share. The offer entails a maximum consideration of INR 22.6 crore, with tendering scheduled from Nov 26 to Dec 09, 2026. Source: ScoutQuest
Prabhhans Industries' Board has approved a proposal to change the company name to 'EXIGO CLEANTECH SOLUTIONS LIMITED', 'EXIGO CLEANTECH LIMITED', or another name approved by competent authorities. The name change and consequential alterations to the Memorandum and Articles of Association remain subject to regulatory approvals from the Ministry of Corporate Affairs and company shareholders. Source: BSE
Exigo Recycling and persons acting in concert have announced an open offer to acquire up to 54,82,248 shares, or 15.9% expanded voting capital, of Prabhhans Industries at INR 41.3 per share in cash, totaling INR 22,64,16,843. Triggered by a preferential issue of shares and convertible warrants as swap consideration, the acquirers will hold 75.0% post-deal to assume promoter control, with no intention of delisting the company. Source: ScoutQuest
Prabhhans Industries' board approved acquiring 100% stake in Mtow Mobility Pvt Ltd and Reown Device Pvt Ltd via share swap. The company will issue up to 2,83,68,750 equity shares at ₹41.3 each to 9 investors, aggregating to Rs 1,17,16,29,375. The board also approved issuing up to 3,345,000 convertible warrants at Rs 41.3 each, aggregating Rs 13,81,48,500 to 11 investors, and raising authorized capital to Rs 38,00,00,000, subject to shareholder approval at an EGM. Source: ScoutQuest
Prabhhans Industries Ltd's board meeting on 30th Sept 2026 to discuss fund-raising via equity or securities. The meeting will also address other items as decided by the Board of Directors. Source: BSE
