Euro Pratik Sales Limited has informed the Exchange that Board of Directors at its meeting held on March 23, 2026, declared Interim Dividend of Rs. 0.20 per equity share.
EUROPRATIK · price
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On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.5 pts more than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Euro Pratik Sales Limited's board approved acquiring a 51% controlling stake in Chawla Brothers, a Jalandhar and Ludhiana-based partnership firm dealing in wall panels, laminates, veneer, plywood and surface decorative products, for a total cash consideration of Rs. 32.20 crore. Chawla Brothers reported turnover of Rs. 49.50 crore in FY25, growing from Rs. 42.70 crore in FY23, and the deal is targeted to close by March 31, 2026. The acquisition is aimed at strengthening Euro Pratik's presence in North India and is not a related party transaction. In a separate decision, the board declared an interim dividend of Rs. 0.20 per equity share (20% on face value of Re. 1) for FY26, with a record date of March 27, 2026 and payment scheduled between March 28 and April 20, 2026.
Net positive for shareholders — the acquisition deepens the company's footprint in a related product vertical while the interim dividend offers an immediate cash return. The stock could see short-term buying interest on the expansion news.