PRAJINDNSEPraj Industries Limited· EngineeringHighPositive
Announced Thu, 28 May · 18:05 IST

Praj Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 3.60 per equity share.

Corporate Actions View source PDF

PRAJIND · price

Loading chart…

▲ 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 Limited's Board of Directors 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. The Board also re-appointed Ms. Rujuta Jagtap as an Independent Director for another 3-year term from August 21, 2026 to August 20, 2029, requiring a Special Resolution from shareholders. Additionally, Khare Deshmukh & Co. was appointed 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 continued financial health and commitment to returning value to shareholders. The re-appointment of the Independent Director and auditor changes reflect routine governance updates with no immediate material impact on stock price.