PRAJINDNSEPraj Industries Limited· EngineeringMediumPositive
Announced Thu, 28 May · 18:02 IST

Praj Industries Limited has informed the Exchange about

Dividend Yield Above 3pctCorporate 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 Meeting on 28th May, 2026 concluded with three key outcomes: (1) The Board recommended a final dividend of ₹3.60 per equity share, which is 180% of the face value of ₹2/- each, for FY 2025-26, subject to shareholder approval at the upcoming AGM and to be paid within 30 days of that approval. (2) Ms. Rujuta Jagtap (DIN: 00861890) was re-appointed as an Independent Director for a further 3-year term from 21st August, 2026 to 20th August, 2029, requiring a Special Resolution approval at the AGM. (3) Khare Deshmukh & Co. were appointed as Internal Auditors and Dhananjay V. Joshi & Associates as Cost Auditors for FY 2026-27.

Likely market impact

The recommended dividend of ₹3.60 per share signals a strong payout and is positive for income-focused investors, though the actual dividend yield depends on the prevailing market price. The director re-appointment is routine governance maintenance.