Prabhu Steel Industries informs about outcome of board meeting

Prabhu Steel Industries has now informed that the Board of Directors of the Company at its meeting held on November 09, 2015, has considered, discussed and approved the materiality policy as per Reg 30(4)(ii) of the Listing Regulation, Further as per Reg 30(5) of the Listing Regulation the board of directors of the company has authorised Dinesh Agarwal, Chairman and Managing Director for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchange(s) under this regulation.

The above information is a part of company’s filings submitted to BSE.