StockWatch
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Plastic Products - Industrial
Dividend30 May 2026, 06:42 pm

Prakash Pipes Recommends Final Dividend of ₹2.40 Per Share for FY26

AI Summary

Prakash Pipes Ltd's board has recommended a final dividend of 24%, which is ₹2.40 per equity share of ₹10 each, for the financial year 2025-26, subject to shareholder approval at the upcoming AGM. This is in addition to an interim dividend of 10% (₹1 per share), bringing the total dividend for the year to 34% (₹3.40 per share), compared to 24% (₹2.40 per share) in the previous year. The board also approved the audited financial results for the quarter and year ended March 31, 2026, and re-appointed M/s SKG & Co. as Cost Auditors for FY 2026-27.

Key Highlights

  • Final dividend of ₹2.40 per share (24%) recommended for FY26.
  • Total dividend for FY26 is ₹3.40 per share, including interim dividend.
  • Audited financial results for FY26 were approved.
  • M/s SKG & Co. re-appointed as Cost Auditors for FY27.