PPAP Automotive Management Change
PPAP Automotive re-appointed Mr. Ajay Kumar Jain as Executive Director/MD and appointed Mrs. Meeta Makhan as Non-Executive Independent Director. Both changes effective from 2026.
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PPAP Automotive re-appointed Mr. Ajay Kumar Jain as Executive Director/MD and appointed Mrs. Meeta Makhan as Non-Executive Independent Director. Both changes effective from 2026.
PPAP Automotive's 31st AGM approved final dividend of Rs. 1.50 per share and director re-appointments. Mrs. Meeta Makhan was appointed as Independent Director for two years.
PPAP Automotive issued a notice for an NCLT-convened shareholder meeting regarding its scheme of amalgamation with Avinya Batteries Limited, scheduled for September 30, 2026.
PPAP Automotive Limited has issued notice for its Annual General Meeting to be held on September 18, 2026, to conduct routine business including dividend declaration.
PPAP Automotive Limited has filed its 31st Annual General Meeting notice and the Annual Report for the financial year 2025-26.
Q1FY27 revenue grew 34.1% YoY to ₹156.4 Cr. Focus remains on EPDM business expansion, transitioning tooling business to a subsidiary, and integrating Avinya Batteries for operational efficiency.
PPAP reported strong Q1FY27 consolidated revenue of INR 156.4 Cr (+34.1% YoY) driven by new model launches and strategic partnerships. EBITDA rose 33.3% to INR 12.4 Cr.
PPAP Automotive reported Q1FY27 consolidated revenue of ₹156.4 Crore, a 34.1% YoY increase. The company also secured lifetime orders worth ₹131 Crore during the quarter.
PPAP Automotive Limited has scheduled its 31st Annual General Meeting for September 18, 2026. The company also announced the record and book closure dates.
PPAP Automotive Ltd reported revenue from operations of ₹156.4 Cr (+34.1% YoY) and net profit of ₹0.9 Cr for Q1 FY27.
PPAP Automotive Ltd scheduled a Board Meeting for August 7, 2026. The meeting will consider and approve unaudited financial results for the quarter ended June 30, 2026.
PPAP Automotive announced an NCLT order regarding the merger of its wholly-owned subsidiary, Avinya Batteries Limited, directing meetings of shareholders and creditors.
PPAP Automotive Ltd filed its quarterly shareholding pattern as of June 30, 2026. The report details holdings across promoter and public categories.
PPAP Automotive appointed Mrs. Meeta Makhan as an Additional Independent Director effective June 25, 2026. She also joins the Audit and Stakeholders committees.
PPAP Automotive partnered with Hutchinson to manufacture advanced body sealing systems in India. This collaboration strengthens PPAP's technology portfolio and OEM engagement.
PPAP reported a recovery in Q4FY26 with revenue growing 18.6% YoY. Strategy focuses on divesting non-core JV stake for INR100cr and restructuring tooling/battery units to enhance margins.
PPAP Automotive is selling its ₹22.50 Crore Tooling Division to its subsidiary via a slump sale. This internal restructuring aims to optimize business operations.
PPAP Automotive Limited recommended a final dividend of ₹1.5 per equity share for financial year 2026. The proposal awaits shareholder approval at the upcoming general meeting.
PPAP Automotive re-appointed Mr. Ajay Kumar Jain as Managing Director for 36 months starting November 2026. This leadership continuity ensures stability for the company's management team.
PPAP Automotive Limited is merging its wholly owned subsidiary, Avinya Batteries Limited, into itself. The consolidation aims to improve operational efficiency and leadership without changing shareholding.
PPAP Automotive reported FY26 consolidated revenue of ₹567.1cr (up 2.4%) with PAT of ₹43.2cr, bolstered by a ₹49.8cr exceptional gain from selling its PTI joint venture stake.
PPAP Automotive Ltd reported revenue from operations of ₹174.6 Cr (+18.6% YoY) and net profit of ₹45.4 Cr (+1791.7% YoY) for Q4 FY26.
PPAP Automotive Ltd reported revenue from operations of ₹174.6 Cr (+18.6% YoY) and net profit of ₹45 Cr (+1775.0% YoY) for Q4 FY26.
PPAP Automotive Limited reported its audited financial results for the year ended March 31, 2026. The Board also recommended a final dividend of Rs 1.50 per share.
PPAP Automotive Ltd will hold a Board Meeting on May 11, 2026. The directors will consider audited financial results for the quarter and year ended March 31, 2026, and a potential final dividend recommendation.
PPAP Automotive Limited provided an update regarding the resignation of Independent Director Ms. Celine George. The company noted it has not yet received her confirmation stating there are no material reasons for resignation beyond those already disclosed. The company continues to follow up for the required compliance documentation.
CRISIL has reaffirmed PPAP Automotive Limited's credit ratings for its ₹200 Crore bank facilities. The long-term rating is maintained at 'CRISIL A-/Stable' and the short-term rating at 'CRISIL A2+'. The ratings reflect the company's stable financial profile and are valid until March 31, 2027.
Ms. Celine George has resigned as an Independent Director of PPAP Automotive Limited effective April 13, 2026. Her resignation follows relocation to Bangalore, which limited her engagement in predominantly in-person board meetings. Consequently, she also ceases to be the Chairperson of the Nomination and Remuneration Committee and a member of the Stakeholder Relationship Committee.