Prakash Pipes Limited — Dividend/Bonus, 18-12-2025: Dividend
18-12-2025 | 11:24 am
18-12-2025 | 11:24 am
Prakash Pipes' board approved an interim dividend of Re 1 per equity share (10% on Rs 10 face value). A record date has been set to determine shareholder entitlement.
The company also approved acquiring a 26% stake in BECIS Solar 3 Pvt Ltd for Rs 1.21 Cr. This strategic move ensures captive solar power, aiming to lower energy costs and boost sustainability for PPL.
Additionally, PPL will provide an inter-corporate loan of Rs 75 Cr to promoter group entity Prakash Industries Ltd. The unsecured loan carries a 12% annual interest for up to three years, supporting general corporate and working capital needs.
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