PPAP Automotive Limited , a key player in the automotive components sector, has announced important dates for its upcoming dividend distribution, subject to shareholder approval.

Key Details

Dividend Distribution Process

PPAP Automotive has set September 17, 2025, as the record date for determining shareholders eligible to receive dividends. This decision comes as part of the company's commitment to rewarding its shareholders, pending approval at the upcoming Annual General Meeting scheduled for September 25, 2025.

Regulatory Compliance

The company made this announcement in compliance with Regulation 42 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. PPAP Automotive's Company Secretary and Compliance Officer, Pankhuri Agarwal, confirmed this information in a formal communication to the stock exchanges.

Dividend Payment Timeline

Should the shareholders approve the dividend at the AGM, PPAP Automotive has committed to disbursing the payments within thirty days from the conclusion of the meeting. This timeline aligns with regulatory requirements and demonstrates the company's efficient shareholder service.

Investor Action

Shareholders of PPAP Automotive should ensure their details are up to date with their respective depositories or the company's registrar before the record date to facilitate smooth dividend processing, if approved.

The announcement of the record date and the forthcoming AGM reflects PPAP Automotive's adherence to corporate governance standards and its commitment to keeping shareholders informed about important financial events.

PPAP Automotive Limited , a leading manufacturer of automotive components, has reported a consolidated net loss for the first quarter. The company's financial results, along with key corporate announcements, paint a picture of challenges and strategic moves in a dynamic market environment.

Financial Performance

For the quarter ended June 30, PPAP Automotive reported a consolidated net loss of ₹227.13 lakh, a significant shift from a profit of ₹10.42 lakh in the same quarter of the previous year. The company's consolidated revenue from operations saw a slight decline, decreasing to ₹11,662.85 lakh from ₹12,267.67 lakh year-over-year.

On a standalone basis, the company posted a net loss of ₹38.04 lakh, compared to a profit of ₹142.01 lakh in the corresponding quarter last year. Standalone revenue from operations also decreased to ₹11,143.99 lakh from ₹11,867.78 lakh.

Key Financial Metrics

The company's earnings per share (EPS) on a consolidated basis turned negative at ₹(1.61), reflecting the challenging quarter.

Operational Highlights

Despite the overall decline in financial performance, PPAP Automotive saw an increase in other income to ₹38.74 lakh from ₹22.10 lakh in the previous quarter. The company's share of profit from its joint venture stood at ₹14.53 lakh for the quarter.

Corporate Actions

During the quarter, PPAP Automotive allotted 28,557 shares under its Employee Stock Option Plan 2022, demonstrating a commitment to employee ownership and retention.

Annual General Meeting and Dividend

The company has announced that its 30th Annual General Meeting (AGM) will be held on Thursday, September 25, at 11:30 A.M. through video conferencing. The Register of Members and Share Transfer Book will remain closed from September 18 to September 24 for the purpose of the AGM and final dividend determination.

PPAP Automotive has set September 17 as the cut-off date for determining shareholder eligibility to vote at the AGM. Remote e-voting for the AGM will be available from September 21 to September 24.

Looking Ahead

While the first quarter results show a challenging start, PPAP Automotive's management will likely address these concerns and outline strategies for improvement at the upcoming AGM. Investors and stakeholders will be keenly watching for any guidance on future performance and initiatives to return to profitability.

The automotive component sector continues to face headwinds, and PPAP Automotive's performance reflects these industry-wide challenges. The company's focus on employee stock options and timely corporate governance practices indicates a long-term approach to navigating the current market conditions.