StockWatch
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Industrial Products
Board Meeting28 May 2026, 11:37 pm

Praj Industries: Director Re-appointed, 3.60 Dividend, New Auditors

AI Summary

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 2 face value) for the financial year ended March 31, 2026. This dividend is 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 period of three years, from August 21, 2026, to August 20, 2029, pending shareholder approval via a Special Resolution. Additionally, Khare Deshmukh & Co. was appointed 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 three years.
  • Khare Deshmukh & Co. appointed as Internal Auditors for FY26-27.
  • Dhananjay V. Joshi & Associates appointed as Cost Auditors for FY26-27.