PRAJINDNSEPraj Industries Limited· EngineeringHighPositive
Announced Thu, 28 May · 18:10 IST

Praj Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on May 28, 2026.

Corporate Actions View source PDF

PRAJIND · price

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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 May 28, 2026 and approved three key items. First, the Board recommended a final dividend of ₹3.60 per equity share (180% of the ₹2 face value) for FY 2025-26, subject to shareholder approval at the AGM, with payment due within 30 days of approval. Second, the Board re-appointed Ms. Rujuta Jagtap as an Independent Director for a further 3-year term from August 21, 2026 to August 20, 2029, pending shareholder approval via Special Resolution. Third, the Board 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 continued shareholder returns. No immediate material impact expected as all decisions are subject to shareholder approval.