The Company has recommended a final dividend at the rate of 20%, i.e., Rs.2/- per equity share of Rs.10 each fully paid up for the Financial Year ended March 31, 2026 subject to approval ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prima Plastics Board approved FY26 audited results showing consolidated revenue of Rs.15,981 lakh (down from Rs.17,023 lakh in FY25) but standalone net profit rose 51.7% to Rs.641 lakh. The company recommended a final dividend of Rs.2 per share (20% on Rs.10 face value), subject to shareholder approval at the August 10, 2026 AGM. Record date for dividend is August 3, 2026. The demerger of the Rotational Moulding business to Prima Innovation Limited (formerly subsidiary) was completed effective March 31, 2026, with appointed date July 1, 2024. The company also approved a Rs.28.86 crore corporate guarantee for Prima Innovation Limited's bank facilities.
Positive for shareholders: The 51.7% rise in standalone net profit supports the dividend payout. The completed demerger simplifies the business structure to plastic articles manufacturing. The corporate guarantee carries contingent liability risk but management states no material impact.