Upcoming Dividend Record Date: Prakash Pipes To Pay Interim Dividend, Fixes Record Date; How To Get Eligible?

Upcoming Dividend Record Date: Prakash Pipes shares will remain in focus next week as the BSE Smallcap company has announced an interim dividend for the financial year 2025-26. The company had fixed the dividend record date for the coming week.

Prakash Pipes shares closed 1.13% higher at Rs 240.95 per share on BSE with a market capitalisation of Rs 576.31 crore on Friday, December 19. The stock had touched an intraday high of Rs 241.80 per share and an intraday low of Rs 236.15 apiece.

Prakash Pipes Dividend

The company's board of directors had earlier approved a 10% interim dividend for the face value of Rs 10 each, ie Re 1 each share. The company's board had approved "Payment of interim dividend at 10% per equity share of Rs. 10/- each."

In addition to the dividend announcement, the company had also announced that its board had approved acquisition of 26% equity share capital of BECIS Solar 3 Private Limited (BECIS) as required under Electricity Rules, 2005. The company is set to enter into a power purchase agreement with BECIS to develop and construct a 3.6 MW solar power project.

Prakash Pipes Dividend Record Date

The company has fixed 24 December as the dividend record date. Hence, to become eligible for Prakash Pipes dividend record date, it is important for shareholders to own the company shares on or before the dividend record date, ie 24 December.

Prakash Pipes Share Price Trend

The company shares closed in green at Rs 240.95 per share on BSE on Friday. The stock had touched a 52-week high of Rs 535 per share on BSE on 20 December, 2014, and a 52-week low of Rs 216.55 per share on 9 December 2025. Prakash Pipes stock has a return on equity (ROE) of 12.93. The stock valuation has declined over 52% since the beginning of the year 2025.

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