Euro Pratik Sales Limited has informed the Exchange that Record date for the purpose of Dividend is 27-Mar-2026.
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 announced two decisions from its board meeting on 23 March 2026. First, the company will acquire a 51% controlling stake in Chawla Brothers, a partnership firm based in Jalandhar and Ludhiana, for Rs. 32.20 crore in cash. Chawla Brothers deals in wholesale and retail of wall panels, laminates, veneer, plywood, and decorative products, with FY25 turnover of Rs. 49.50 crore. The deal is expected to close by 31 March 2026 and aims to strengthen Euro Pratik's presence in North India. Second, the board declared an interim dividend of Re. 0.20 per share (20% of face value) for FY26, with the record date set as 27 March 2026 and payment to begin from 28 March 2026 to 20 April 2026.
The acquisition gives Euro Pratik a controlling foothold in the North Indian decorative panels market and adds Rs. 49.50 crore of revenue potential. The interim dividend signals confidence in cash flows, though the payout is modest. Short-term stock reaction may be positive due to the strategic expansion, while the small dividend yield is unlikely to be a major price catalyst.