Bigul

Prince Pipes and Fittings Ltd - 542907 - Corporate Action-Board approves Dividend

We would like to inform you that the Board of Directors of the Company at its meeting held today i.e. November 02, 2021 have inter alia, considered and approved the following: Declared the first Interim Dividend of Rs.1.50 (Rupee One and Fifty Paise Only) (15%) per equity share of the Company of the face value of Rs. 10/- (Rupee Ten only) each for the Financial Year 2021-2022. The Interim Dividend shall be paid on or before December 01, 2021 to the Equity Shareholders of the Company, whose names appear on the Registrar of Members of the Company or in the record of the Depositories as beneficial owners of the shares as on Monday, November 15, 2021 which is the record date fixed for this purpose.
02-11-2021
Bigul

Prince Pipes and Fittings Ltd - 542907 - Statement Of Deviation/Variation On Use Of Proceeds Of The Initial Public Offering Of The Company For The Quarter Ended As On September 30, 2021

Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that, the Audit Committee of the Board has reviewed in its meeting held on Tuesday, November 02, 2021 a statement of deviation/variation on use of proceeds of the Initial Public Offering of the Company for the quarter ended as on September 30, 2021. The said statement is enclosed herewith. This intimation is also available on the website of the Company at www.princepipes.com Kindly take the same on record.
02-11-2021
Bigul

Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

We write to disseminate the report of the Monitoring Agency as on September 30, 2021 under Regulation 16(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulation 2018. This report is enclosed and is being uploaded on the Company's website at www.princepipes.com Kindly take the same on record.
02-11-2021
Bigul

Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

We write to disseminate the report of the Monitoring Agency as on September 30, 2021 under Regulation 16(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulation 2018. This report is enclosed and is being uploaded on the Company's website at www.princepipes.com Kindly take the same on record.
02-11-2021
Bigul

Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

The Company has allotted 5,35,320 equity shares of Re.10/- each pursuant to exercise of stock options by eligible employees under 'Employee Stock Options -2017 of Prince Pipes and Fittings Limited'. These shares shall rank pari passu, in all respects with the existing equity shares of the Company. The aforesaid Options have been granted at an exercise price of Rs. 200/- per option. The Company has already received in-principle approval from BSE Limited and National Stock Exchange of India Limited ('Stock Exchanges') for the Employee Stock Options -2017 and is in the process of applying for the final listing and trading approval of the Stock Exchanges for the shares allotted as aforesaid. After allotment of aforesaid equity shares, the paid up share capital of the Company stands increased from 110025759 Equity Shares @ Rs. 10/- each aggregating to Rs. 11,002,57,590/- to 110561079 Equity Shares of Rs. 10/- each aggregating to Rs. 110,56,10,790/-.
02-11-2021
Bigul

Q2FY22 Quarterly Result Announced for Prince Pipes & Fittings Ltd.

Financial Highlights: Q2 FY22 - Revenues at Rs 761 crore EBITDA at Rs. 123 crore as compared to Rs. 80 crores, grew by 53%, margins at 16.1% PAT at Rs. 76 crores as compared to Rs. 47 crores, grew by 62% Company continues to remain long term debt free during the quarter The Board of the Directors of the Company at its meeting held on 2nd November 2021 have recommended a Dividend of Rs. 1.5/- per share of face value of Rs. 10/- each for the half year ended 30th September, 2021 Commenting on the results, Mr. Parag Chheda, Joint Managing Director, Prince Pipes and Fittings Limited, said, “Economic activity has started normalising from the quarter ended September 2021 supported by pent-up demand, ramp-up of vaccination drive, a favourable policy mix and global revival. Our performance this quarter reports robust revenue and EBITDA increase, due to our focus on volume growth in plumbing and SWR segments, led by the pick-up in urban real estate demand, new project launches & sustained demand from tier 2/3 cities. Several strategic efforts are already underway delivering results. Our goals are set on continuing to drive our 3-pronged strategy centering on organic growth, operational excellence and progress aligned to ESG objectives. We have been able to increase market share, on the back of ongoing industry consolidation. Given this trajectory, we are moving in the right direction as we continue to strengthen our business fundamentals.” Result PDF
02-11-2021
Bigul

Prince Pipes and Fittings Ltd - 542907 - Outcome Of Board Meeting Of The Company Held On November 02, 2021.

We would like to inform you that the Board of Directors of the Company at its meeting held today i.e. November 02, 2021 have inter alia, considered and approved the following: 1. Approved and adopted Un-audited Financial Results (standalone) of the Company for the quarter and half year ended September 30, 2021. We enclose a copy of each of i) Approved and adopted Un-audited Financial Results (standalone) of the Company for the quarter and half year ended September 30, 2021. ii) Limited Review Report issued by the Statutory Auditors of the Company for the period under review. iii) Press Release. iv) Investor Presentation
02-11-2021
Bigul

Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Credit Rating

''CRISIL A1 '' assigned to Rs. 50 Crore Commercial Paper
30-10-2021
Bigul

Prince Pipes and Fittings Ltd - 542907 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

We write to inform you for dissemination of the information that a conference Call for Analyst and Investors is scheduled on Wednesday, November 03, 2021 at 11:00 AM IST hosted by Antique Stock Broking Limited on behalf of the Company following the announcement of Company's Un-audited Standalone Financial Result for the Quarter and Half Year Ended September 30, 2021. The Details of the Q2 FY 22 results Conference Call are enclosed in the annexure.
29-10-2021
Next Page
Close

Let's Open Free Demat Account