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Auto Components & Equipments
Quarterly Result6 Nov 2026, 05:41 pm

PPAP Automotive declares interim dividend, approves ESOPs

AI Summary

PPAP Automotive Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also approved an interim dividend of ₹1.5 per equity share for the financial year 2026-27, with a record date of November 13, 2026. Additionally, the Nomination and Remuneration Committee approved the grant of 74,753 employee stock options under the PPAP Employee Stock Option Plan 2022. These options have a vesting period of 18 months from the grant date and an exercise price equal to the face value of ₹10 per share.

Key Highlights

  • Unaudited financial results for Q2 FY27 declared.
  • Interim dividend of ₹1.5 per share announced.
  • 74,753 employee stock options granted.
  • Vesting period for ESOPs is 18 months.