PPAP Automotive Approves FY26 Results, ₹1.5 Dividend

PPAP Automotive Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from M/s TR Chadha & Co. LLP. A final dividend of ₹1.5 per equity share has been recommended, subject to shareholder approval. The board also approved the re-appointment of Mr. Ajay Kumar Jain as Chairman and Managing Director for three years. Additionally, the merger of Avinya Batteries Limited with PPAP Automotive and the slump sale of the Tooling Business to Meraki Precision Tool Engineering Limited were approved.