Prajay Engineers Syndicate News

Prajay Engineers reports FY26 net loss

Prajay Engineers Syndicate reported a consolidated net loss of ₹1,874.82 lakh for FY26. The board approved the audited results on May 25, 2026.

Prajay Engineers Syndicate Reports Quarterly Loss, Approves Unaudited Results

Prajay Engineers Syndicate's Board approved unaudited financial results for the second quarter and half year ended September 30, 2025, showing standalone loss of Rs 631.79 lakhs and consolidated loss of Rs 614.28 lakhs for the quarter. The company operates in construction & development and hospitality segments, with ongoing arbitration proceedings related to government agreements affecting operations.

Prajay Engineers Syndicate Schedules Board Meeting to Consider Fund Raising and AGM Approval

Prajay Engineers Syndicate Limited has scheduled a Board of Directors meeting for September 2, 2025. The board will consider and approve a proposal for raising funds through issuance of equity shares, convertible securities, convertible warrants, or other permitted modes through Preferential Allotment/Private Placement to promoter and non-promoter categories. The meeting agenda also includes appointing an Allotment Committee for fund-raising activities, approving the Annual General Meeting notice, and fixing the AGM date. The fund-raising proposal is subject to regulatory and statutory approvals, including shareholder approval.