Praj Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on May 28, 2026.
PRAJIND · price
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Praj Industries board meeting held on May 28, 2026 concluded with three key outcomes. First, the board recommended a final dividend of ₹3.60 per equity share (180% of the face value of ₹2 each) for FY 2026, payable after shareholder approval at the upcoming AGM. Second, Ms. Rujuta Jagtap has been re-appointed as Independent Director for another 3-year term starting August 21, 2026, subject to shareholder approval via special resolution. Third, Khare Deshmukh & Co. was appointed as Internal Auditor and Dhananjay V. Joshi & Associates as Cost Auditor for FY 2026-27.
The dividend recommendation of ₹3.60 per share signals consistent shareholder returns and positive sentiment. The re-appointment of the Independent Director and fresh auditor appointments indicate stable corporate governance. No immediate material impact on stock price expected as all decisions are subject to shareholder approvals.