
Dividend6 Nov 2026, 05:41 pm
PPAP Automotive declares interim dividend of ₹1.5 per share
AI Summary
PPAP Automotive Ltd announced an interim dividend of ₹1.5 per equity share for the financial year 2026-27. The dividend will be paid within 30 days of declaration. The record date for determining entitlement is November 13, 2026. The company's Board of Directors also approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the Nomination and Remuneration Committee approved the grant of 74,753 employee stock options, with a vesting period of 18 months and an exercise price equal to the face value of ₹10.
Key Highlights
- Interim dividend of ₹1.5 per share declared for FY2026-27.
- Record date for dividend payment set for November 13, 2026.
- Unaudited financial results for Q2 FY27 approved.
- 74,753 employee stock options granted with 18-month vesting.
Price Impact
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