Prince Pipes And Fittings Limited has informed the Exchange regarding Appointment of Mrs Jyoti Sancheti as Company Secretary & Compliance Officer of the company w.e.f. May 19, 2026.
PRINCEPIPE · price
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Prince Pipes reported strong FY26 results with total income of Rs 26,092 million, up 2.8% from Rs 25,373 million in FY25. Net profit after tax (excluding exceptional items) surged 74% to Rs 752 million versus Rs 431 million last year. EPS improved to Rs 6.80 from Rs 3.90. The Board recommended a final dividend of Rs 1 per share (10%) for FY26, subject to shareholder approval at the AGM. The auditors issued an unmodified opinion on the financials. Additionally, Ms. Jyoti Sancheti was appointed as Company Secretary, Compliance Officer, and Key Managerial Personnel effective May 19, 2026. The company also reappointed N. A. Shah Associates LLP as statutory auditors for a second 5-year term and appointed Smt. Ketki D. Visariya as Cost Auditor for FY27.
The strong profit growth and maiden dividend recommendation signal healthy financial performance and shareholder-friendly approach. The appointment of a new Company Secretary fills a key compliance role. The stock could see positive reaction given the significant earnings improvement and dividend payout.