Dividend28 May 2026, 11:35 pm
Praj Industries Recommends ₹3.60/Share Dividend for FY26
AI Summary
Praj Industries' Board of Directors has recommended a final dividend of ₹3.60 per equity share, representing 180% of the face value of ₹2, for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting, with payment expected within 30 days of approval. Additionally, the Board approved the re-appointment of Ms. Rujuta Jagtap as an Independent Director for a further three-year term, effective August 21, 2026. The Board also appointed Khare Deshmukh & Co. as Internal Auditors and Dhananjay V. Joshi & Associates as Cost Auditors for FY 2026-27.
Key Highlights
- Board recommended ₹3.60 final dividend per share for FY26.
- Dividend is 180% of face value, subject to shareholder approval.
- Ms. Rujuta Jagtap re-appointed Independent Director for three years.
- Khare Deshmukh & Co. appointed Internal Auditors for FY27.
- Dhananjay V. Joshi & Associates appointed Cost Auditors for FY27.
Price Impact
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