
Praj Industries Board Recommends ₹3.60 Dividend, Reappoints Director, Appoints Auditors
Praj Industries Limited's Board of Directors, in a meeting held on May 28, 2026, recommended a final dividend of ₹3.60 per equity share (180% of face value) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The Board also approved the re-appointment of Ms. Rujuta Jagtap as an Independent Director for a further three-year term, from August 21, 2026, to August 20, 2029, pending shareholder approval via a Special Resolution. Additionally, based on the Audit Committee's recommendation, the Board appointed Khare Deshmukh & Co. as the Internal Auditors and Dhananjay V. Joshi & Associates as the Cost Auditors for the Financial Year 2026-27.
Key Highlights
- Board recommended a final dividend of ₹3.60 per equity share for FY26.
- Ms. Rujuta Jagtap re-appointed as Independent Director for a 3-year term.
- Khare Deshmukh & Co. appointed as Internal Auditors for FY27.
- Dhananjay V. Joshi & Associates appointed as Cost Auditors for FY27.
Price Impact
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