Prakash Pipes Ltd

Prakash Pipes Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 1st, 2026, until 48 hours after the Board Meeting scheduled to consider the financial results for the period ending June 30th, 2026. This measure is standard practice to prevent potential insider trading ahead of financial disclosures.

Prakash Pipes Ltd has completed the acquisition of a 26% equity share capital in BECIS Solar 3 Private Limited (BECIS) by subscribing to a rights issue. The company invested ₹1,30,23,152/- for 1,30,23,152 fully paid-up equity shares of ₹1 each. This investment is in compliance with the Electricity Rules, 2005, for the development and construction of a solar power project intended to supply power to Prakash Pipes Ltd. The shareholding remains at 26% of BECIS's issued and paid-up equity share capital.

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.

Prakash Pipes Ltd reported net sales of ₹789 Crores and EBITDA of ₹76 Crores for FY26. Profit after Tax stood at ₹43 Crores, resulting in an EPS of ₹18.09. The Board recommends a final dividend of 24% i.e. ₹2.40 per equity share. The PVC Pipes & Fittings Division faced challenges, with sales volume decreasing by 13% to 48,118 MT. The Flexible Packaging Division achieved sales volume of 16,605 MT, a decrease of 7%, and plans capacity expansion.

Prakash Pipes Ltd announced audited financial results for the year ended March 31, 2026. The Board of Directors approved the financial results and recommended a final dividend of 24% i.e. ₹2.40 per equity share of ₹10 each, subject to shareholder approval. This brings the total dividend for the year to 34% i.e. ₹3.40 per equity share, compared to 24% in the previous year. The board also approved the re-appointment of M/s SKG & Co. as Cost Auditors for FY 2026-27. Revenue from operations stood at ₹22,315 for the quarter ended March 31, 2026 and Net Profit stood at ₹1,348.

Prakash Pipes Ltd announced its audited financial results for the year ended March 31, 2026. The Board of Directors approved the financial results and recommended a final dividend of 24%, which is ₹2.40 per equity share of ₹10 each, subject to shareholder approval. This brings the total dividend for the year to 34% (₹3.40 per share), compared to 24% in the previous year. The company re-appointed M/s SKG & Co. as Cost Auditors for FY 2026-27. Revenue from operations for the quarter ended March 31, 2026, stood at ₹22,315.

Prakash Pipes Ltd has announced a Board of Directors meeting scheduled for May 30, 2026, to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2026. The board will also consider and recommend a dividend, if any, on the company's equity shares for the financial year ended March 31, 2026. The trading window for designated persons remains closed until 48 hours after the results are made public, as per SEBI regulations.

Prakash Pipes Ltd has announced the closure of its trading window for dealing in the company's shares. The closure is in accordance with the company's Code of Conduct for Trading by Insiders under SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed from 1st April, 2026 till 48 hours after the Board Meeting scheduled for the consideration of financial results for the quarter and year ended 31st March, 2026. This move is to ensure compliance with insider trading regulations and maintain transparency.

Ved Prakash Agarwal has purchased 22,000 equity shares of Prakash Pipes Ltd. from the open market on the National Stock Exchange (NSE) on 23rd March, 2026. This acquisition represents 0.092% of the total diluted capital of Prakash Pipes Ltd. before the acquisition, and 0.092% after the acquisition.

Prakash Pipes Ltd has acquired 26% equity share capital of BECIS Solar 3 Private Limited for the development and construction of a solar power project. The company has been allotted 3,51,352 fully paid-up equity shares of BECIS, having a face value of %1/- each, issued at a premium of %0.02/- per share on 19.02.2026. The total investment amounts to %3,58,379/-. This acquisition is in compliance with the Electricity Rules, 2005.