PRICOLLTDBSEPricol LtdLowNeutral
Announced Thu, 14 May · 20:00 IST

The Board has fixed 29th July 2026 as the Cut-off date to identify the shareholders eligible to vote by E-Voting at AGM

Board & Shareholder Meetings View source PDF

PRICOLLTD · 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 14 horizons · vs prior close
-3.0%1-day move
₹577.00
prior close
₹605.00
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+2.8-1.1+2.5+5.1-3.0-5.6-6.8-4.0-3.5-2.5-4.9+0.9+7.0
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AI summary

Pricol Ltd's Board of Directors met on 14th May 2026 and announced multiple key decisions. The 15th AGM is scheduled for 5th August 2026 with e-voting cut-off on 29th July 2026. Chairman Mrs. Vanitha Mohan resigned after 35 years, with Mr. Vikram Mohan (MD) appointed as Chairman & Managing Director. Two new Executive Directors - Ms. Madhura Mohan (promoter family member) and Mr. Siddharth Manoharan - were appointed, subject to shareholder approval. No final dividend is recommended as interim dividend for FY26 was already paid. The Board also approved an additional corporate guarantee of ₹150 Crores for its wholly-owned subsidiary Pricol Precision Products. Separately, the company reported FY26 revenue of ₹3,963.85 Crores with 51.24% YoY growth and PAT of ₹250.80 Crores, crossing the ₹4,000 crore milestone.

Likely market impact

The leadership transition appears smooth with Vikram Mohan taking the helm amid strong financial performance. The new appointments of Madhura Mohan (third-generation promoter) and Siddharth Manoharan signal continuity in family-led management while adding professional expertise. Strong FY26 results with over 50% revenue growth may support the stock positively.