Dividend20 May 2026, 05:51 pm
Prima Plastics Recommends 20% Final Dividend for FY26
AI Summary
Prima Plastics Ltd has recommended a final dividend of 20%, which is ₹2 per equity share of ₹10, for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified auditor's opinion. The 32nd Annual General Meeting is scheduled for August 10, 2026, via video conferencing. The company also approved the appointment of M/s Shah Valera & Associates LLP as Internal Auditor for FY 2026-2027 and the provision of a corporate guarantee to Kotak Mahindra Bank Limited on behalf of Prima Innovation Limited.
Key Highlights
- Prima Plastics recommends a final dividend of 20% (₹2 per share) for FY26.
- Audited financial results for FY26 approved with an unmodified auditor's opinion.
- 32nd AGM scheduled for August 10, 2026, via video conferencing.
- M/s Shah Valera & Associates LLP appointed as Internal Auditor for FY27.
- Corporate guarantee of ₹28.86 crores approved for Prima Innovation Limited.
Price Impact
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