Dividend19 May 2026, 09:31 pm
PI Industries Recommends Final Dividend of ₹10 Per Share
AI Summary
The Board of Directors of PI Industries Ltd, in its meeting on May 19, 2026, recommended a final dividend of ₹10 per share (1000%) on equity shares with a face value of Re. 1/- each for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). Including an interim dividend of ₹5 per share, the total dividend for the year amounts to ₹15 per share. The dividend will be paid within 30 days of declaration at the AGM.
Key Highlights
- PI Industries recommends a final dividend of ₹10 per share for FY26.
- Total dividend for FY26, including interim dividend, is ₹15 per share.
- Re-appointment of Cost Auditors, K.G. Goyal & Co., approved for FY27.
- Rajnish Sarna resigns as Joint Managing Director, continues as Non-Executive Director.
- Arvind Singhal will retire at the upcoming AGM and will not seek reappointment.
Price Impact
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