P S Raj Steels Limited Enters Agreement with PR Professionals for Investor Relations Support
P S Raj Steels Limited, formerly P S Raj Steels Private Limited, has signed a significant agreement with PR Professionals to manage its public relations and investor relations needs. The contract was finalized on June 30, 2026, and the support services will be effective starting July 1, 2026.The partnership aims to provide dedicated Public Relations (PR) and Investor Relation (IR) support services to P S Raj Steels Limited. As per the terms of the agreement, which was executed between the two entities, it has been confirmed that there is no shareholding interest in PR Professionals by the company. Furthermore, the agreement structure does not contain any significant terms granting special rights to the agency, such as the right to appoint directors or first refusal rights regarding capital structure changes.
The transaction has been assessed internally, confirming that P S Raj Steels Limited has no relationship with PR Professionals group companies and the engagement falls outside the category of related party transactions and is being conducted at arm's length.
Key details of the agreement between P S Raj Steels Limited and PR Professionals are summarized below:
| Particulars | Details |
|---|---|
| Agreed Party | PR Professionals |
| Purpose | Providing Public Relations and Investor Relation (PR & IR) support Services. |
| Shareholding in Agency | NIL |
| Significant Terms | None specified |
| Related Party Status | No |
This agreement marks the commencement of dedicated external support for P S Raj Steels Limited concerning its corporate communications and investor outreach efforts.
PSRAJ Stock Price Movement
On Wednesday, shares of P S Raj Steels Limited edged higher, settling at ₹406.5 after gaining ₹7.50 or 1.88%. The stock traded a volume of 14,500 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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