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Incorporated in 1995, PPAP Automotive Ltd develops plastic and driver-based extrusion systems, plastic injection moulding systems and high-precision plastic injection tooling
PPAP Automotive's Board proposed a final dividend of Rs. 1.5 per share for FY26, pending shareholder approval. The company will deduct tax at source from this dividend. Shareholders should submit required documents for optimal tax treatment; resident individuals receiving under Rs. 10,000 dividend may be exempt.
PPAP Automotive will hold its 31st AGM via VC/OAVM. A record date is set to identify shareholders eligible for the final dividend, if approved. The company also announced book closure and e-voting cut-off dates related to the AGM.
PPAP Automotive appointed Mrs. Meeta Makhan as an Independent Director, bringing over 25 years of banking and financial services expertise. The Board also reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees to enhance governance.
PPAP Automotive Limited Partners with Hutchinson, to develop advanced body sealing systemsfor India s Passenger Vehicle Industry
PPAP Automotive's credit ratings reaffirmed by CRISIL: Long-term A-/Stable and Short-term A2+. This stable outlook applies to ₹200 Cr in total bank facilities, signaling consistent creditworthiness for the company.