Prabhu Steel Industries Ltd — Important, 28-04-2026: Company Update

Prabhu Steel Industries has entered a strategic partnership with Swarneem Properties LLP to venture into real estate development. This collaboration encompasses the acquisition, development, construction, marketing, and sale/lease of residential and commercial projects. Prabhu Steel will hold a 50% partnership interest with equal profit and loss sharing, committing Rs. 25,000 as capital. This move signifies the company's expansion into the real estate sector, creating a new business avenue. Following this arrangement, Swarneem Properties LLP will be considered a related party.