Prakash Industries Limited — Updates, 16-02-2025: Press Release

Coal extraction from the Bhaskarpara Commercial Coal Mine has commenced, and coal dispatches to the Integrated Steel plant at Champa (C.G.) have begun. This initiative is expected to drive significant cost reductions and operational efficiencies for the company. By securing its own coal supply, Prakash Industries is likely to enhance its competitive edge in the steel production sector. Investors should take note of this positive development, as it may lead to improved profitability and a stronger market position moving forward. Watch closely for further updates on operational impacts and financial performance.