PRAJINDBSEPraj Industries LtdHighPositive
Announced Thu, 28 May · 18:12 IST

Intimation regarding appointment of Internal & Cost Auditors for F.Y. 2026-27.

Corporate Actions View source PDF

PRAJIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-12.4%1-day move
₹384.00
prior close
₹359.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.6+4.1+2.5+2.5-12.4-8.9-10.4-9.0-7.9-7.3-11.3-9.9
Up moveDown movePending
AI summary

Praj Industries Board met on 28th May 2026 and approved three key items: (1) Recommended a final dividend of ₹3.60 per equity share (180% on face value of ₹2) for FY2025-26, payable after shareholder approval at the ensuing AGM; (2) Re-appointed Ms. Rujuta Jagtap as Independent Director for 3 years from 21st August 2026, pending shareholder approval via Special Resolution; (3) Appointed Khare Deshmukh & Co. as Internal Auditors and Dhananjay V. Joshi & Associates as Cost Auditors for FY 2026-27. The dividend payout will be made within 30 days of shareholder approval at the AGM.

Likely market impact

The dividend recommendation signals the company's strong financial performance for FY2025-26 and reflects confidence in cash flow generation, which is a positive signal for shareholders seeking regular income. The continuation of experienced independent directors and appointment of reputable audit firms reinforces governance standards.