Prakash Pipes AGM 2026: All 4 resolutions passed; Rs 2.40 dividend approved

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PPL · price

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Price reactionminutes from the announcement price · days from the prior close

+2.9%Reaction day

₹245.50

prior close

₹243.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+2.8% vs market

Plastic Products - Industrial peers, median of 42sector+0.3%+2.5% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 2.5 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.1

10m

+1.8

15m

+2.3

30m

+4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9+0.0+2.8+0.3+2.5

Next day

+3.1+1.3+1.7+0.1+3.0

+1.1+1.1-0.0+0.6+0.5

-0.6-1.7+1.1-1.4+0.7

+1.4-1.4+2.9-1.9+3.3

+0.5-0.6+1.1-0.7+1.3

-1.4+0.3-1.7-1.0-0.4

15d

-10.8-6.1-4.7-6.1-4.7

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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 42Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Prakash Pipes held its 9th AGM on 30 Sept 2026 via video conferencing. All 4 resolutions passed with over 99.96 percent majority. Items approved: adoption of audited FY26 accounts, dividend of Rs 2.40 per share (24 percent), reappointment of Ved Prakash Agarwal as director, and ratification of cost auditor remuneration for FY27. About 1.09 crore shares voted by 162 members. No invalid votes.

Likely market impact

Dividend of Rs 2.40 per share confirmed. All resolutions passed with near-unanimous shareholder support.