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Prasol’s auditors modified internal-control opinions for three consecutive fiscal years through fiscal 2026, citing manual overhead-allocation details and item-wise inventory controls requiring strengthening.
Prasol’s Mahad plant recorded a Rs 12.172 crore pre-tax loss in Fiscal 2026 despite utilisation reaching 44% and revenue increasing to Rs 134.82 crore.
Prasol says its 9,000-MTPA isophorone capacity is India’s only domestic capacity and that it was the largest acetone importer from CY22 through CY25.
Prasol Chemicals Limited has eight family shareholder agreements authorising designated individuals to exercise family voting rights, while the company remains outside the contracts.
Prasol Chemicals Limited discloses four pending criminal complaints against a promoter tied to three Mahad gas incidents, including two reported worker deaths.
Prasol Chemicals’ 2023 Mahad shutdown delayed stabilisation, while capacity utilisation recovered to 44.09% in Fiscal 2026 after operations resumed in May 2024.
Deepa Jewellers enters its proposed IPO with Ashish, Seema and Dev Agarwal holding 99.98% of pre-offer equity, including Dev Agarwal’s 2.41% stake.
Deepa Jewellers permits 100% automatic-route FDI, but government approval applies where relevant border-country interests exceed 10% or exercise specified control.
The Company’s total borrowings rose 43% to Rs 111.115 crore in Fiscal 2026, as current borrowings increased 58% from Fiscal 2025.
Deepa Jewellers reported a 36-day customer credit cycle against one payable day in Fiscal 2026, alongside Rs 14.73 crore of negative operating cash flow.
Deepa Jewellers had Rs 43.65 crore of unsecured director loans at 31 March 2026, equal to 39.3% of Rs 111.12 crore borrowings.
Deepa Jewellers’ promoter family held 99.98% before the offer and had extended Rs 44.428 crore of unsecured loans as of July 31, 2026.
Deepa Jewellers will earmark ₹215 crore of IPO proceeds for working capital, against Fiscal 2026 receivables of ₹252.36 crore and one-day payable levels.
Deepa Jewellers lifted FY26 operating EBITDA margin to 7.6% and return on equity to a peer-high 56.5%, on Rs 1,926.676 crore revenue.
Consumer gold demand in India fell to 721 tonnes in FY26 as jewellery demand dropped to 425 tonnes, while bars and coins reached 296 tonnes.
Deepa Jewellers reported FY26 profit of Rs 104.79 crore, but operating cash flow was negative Rs 14.73 crore as receivables rose Rs 120.63 crore.