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Prakash Industries News

JKumar Infraprojects

11 Aug 2017

JKumar Infra, Prakash Ind shares tank up to 20%

Shares of JKumar Infraprojects and Prakash Industries resumed trading on Friday, crashing by up to 20 percent to hit lowest trading permissible limit for the day, after SAT stayed trading restriction imposed on them.

Securities Appellate Tribunal

10 Aug 2017

SAT stays trading restrictions on JKumar, Prakash Industries

The Securities Appellate Tribunal on Thursday stayed trading restrictions imposed on JKumar Infraprojects and Prakash Industries, which are among the 331 suspected shell companies identified by the government, saying Sebi passed the order without carrying out any probe.

India shell companies

08 Aug 2017

Big names figure among shell firm list; Companies deny tag

The regulator has asked the exchanges to restrict trading in shares of 331 such companies, some of which have investments by several well-known domestic and foreign investors and the move spooked overall market sentiments on fears about possible action against more such firms.

08 Jan 2015

Coal scam: CBI says waiting for Law Ministry nod to file appeal

CBI on Thursday told a special court that it was waiting for the nod of the Law Ministry to file an appeal in a coal scam case in which the Delhi High Court had quashed charges framed against Prakash Industries Ltd (PIL) and its director.

07 Aug 2014

Appointment process of Syndicate Bank CMD under CBI scanner

Prakash Industries did not offer any comments and the mail sent in this regard remained unanswered.

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