
Board Meeting6 Nov 2026, 05:11 pm
PPAP Automotive declares interim dividend of ₹1.5/share, approves ESOPs
AI Summary
PPAP Automotive Ltd announced the outcome of its Board Meeting held on November 6, 2026. The board approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, an interim dividend of ₹1.5 per equity share for the financial year 2026-27 was declared, with a record date of November 13, 2026. The Nomination and Remuneration Committee also approved the grant of 74,753 employee stock options under the PPAP Employee Stock Option Plan 2022.
Key Highlights
- Unaudited financial results for Q2 FY27 approved.
- Interim dividend of ₹1.5 per equity share declared.
- Record date for interim dividend set as November 13, 2026.
- 74,753 employee stock options granted.
- ESOPs vest over 18 months, exercise price at face value.
Price Impact
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