Prince Pipes Board Approves FY26 Audited Results, Recommends ₹1 Dividend & Appoints New Company Secretary
Prince Pipes board approved FY26 audited standalone results and recommended a final dividend of ₹1 per share. Ms. Jyoti Sancheti was appointed as Company Secretary and Compliance Officer effective May 19, 2026. M/s. N. A. Shah Associates LLP re-appointed as Statutory Auditors for 5 years, subject to shareholder approval. Smt. Ketki D. Visariya was appointed as Cost Auditor for FY27. Revenue from operations was ₹2,598.33 crore.
The decision to issue dividend and appointment of key personnel can have a moderate impact on investor sentiment and company operations.
The announcement includes positive elements such as the approval of financial results, declaration of dividend and appointments of key personnel.
The Board of Directors of Prince Pipes and Fittings Limited convened on May 19, 2026, to approve the audited financial results (standalone) for the quarter and financial year ended March 31, 2026. The board recommended a final dividend of ₹1 (10%) per equity share with a face value of ₹10 each for FY26, pending shareholder approval at the upcoming Annual General Meeting (AGM). The dividend will be paid within 30 days of its declaration at the AGM, the date of which will be announced later.
Ms. Jyoti Sancheti has been appointed as the Company Secretary and Compliance Officer, effective May 19, 2026. M/s. N. A. Shah Associates LLP has been re-appointed as Statutory Auditors for a second term of five years, from the conclusion of the 39th AGM until the conclusion of the 44th AGM, subject to shareholder approval. Smt. Ketki D. Visariya has been appointed as the Cost Auditor for the financial year 2026-27. The board meeting commenced at 12:30 p.m. and concluded at 4:00 p.m.
The company reported revenue from operations of ₹25,983.32 million (₹2,598.33 crore) for the year ended March 31, 2026, compared to ₹25,239.16 million (₹2,523.91 crore) in the previous year. Net profit for the period after tax was ₹731.82 million (₹73.18 crore).
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Prince Pipes And Fittings Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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