PPLNSEPrakash Pipes LimitedHighPositive
Announced Fri, 30 May · 14:49 IST

Prakash Pipes Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2025, recommended Final Dividend of Rs. 2.40 per equity share.

Corporate Actions View source PDF

PPL · 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

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Prakash Pipes Limited, at its meeting held on May 30, 2025, has recommended a Final Dividend of Rs. 2.40 per equity share. This is the dividend amount that eligible shareholders will receive once the record date is set and the Annual General Meeting approves it. The company has confirmed this decision to the stock exchange as a material event.

Likely market impact

Positive for shareholders in terms of cash returns. The stock may see a price adjustment downward by approximately the dividend amount on the ex-dividend date. Investors holding shares by the record date will receive this payout.