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Prakash Industries Ltd. Capital/Financing Update 2021
61790_rns_2021-08-05_a6a2fc45-564e-4988-9650-3ca23c6789d0.pdf
Capital/Financing Update
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Prakash Industries Limited
Srivan, Bijwasan, New Delhi -110061 CIN: l27109HR1980PLC010724 Tel.: 25305800, 28062115 Fax: 91-11-28062119 E-mail : [email protected] Website : www.prakash.com
PIUSE/PR/2021
listing Department BSE ltd. Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001
5th August, 2021
listing Department National Stock Exchange of India ltd Exchange Plaza, 5th Floor, Plot No. C/1 G Block,Bandra-Kurla Complex, Bandra (E), Mumbai - 400051
Company Code : 506022
Company Symbol : PRAKASH
Sub: Press Release
Dear Sir,
In terms of Regulation 30 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a press release given today by the Company for your information and record.
Thanking you,
Yours faithfully, For Prakash Industries Limited
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Ashwini Kumar Company Secretary
Encl. as above
PRESS RELEASE
Date: 5th August, 2021
PRAKASH INDUSTRIES LIMITED
Prakash Industries Limited Emerges as Preferred Bidder for Bhaskarpara Coal Mine
The Ministry of Coal had launched the 2nd tranche of auction of Coal Mines for Commercial Mining. The Company is pleased to inform that it had participated in the auction on 4th August, 2021 for Bhaskarpara Coal Mine in Chhattisgarh and has emerged as the "Preferred Bidder", as announced by the Ministry of Coal in its press note.
The coal extracted from this mine could be used for captive consumption as well as for commercial sale.
Disclaimer: This release cantains forward-looking statements based on the currently held beliefs and assumptions of the management of Prakash Industries Limited (PIL), which are expressed in good faith and, in their opinian, reasonable. Forward looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or industry results, to differ materially from the results or performance implied by such forward-looking statements. Given these risks, uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on these forward-looking statements.
