PRAJINDBSEPraj Industries LtdHighPositive
Announced Thu, 28 May · 18:05 IST

Intimation regarding recommendation of Dividend for F.Y. 2025-26.

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 has recommended a final dividend of ₹3.60 per equity share (180% of face value of ₹2) for FY 2025-26, subject to shareholder approval at the ensuing AGM. If approved, the dividend will be paid within 30 days of shareholder approval. Additionally, the Board re-appointed Ms. Rujuta Jagtap as Independent Director for 3 years starting 21st August 2026, and appointed Khare Deshmukh & Co. as Internal Auditors and Dhananjay V. Joshi & Associates as Cost Auditors for FY 2026-27.

Likely market impact

The dividend recommendation signals the company's profitability and cash generation ability, which is positive for shareholders. The continuation of leadership and fresh appointment of auditors indicates good governance practices.