Euro Pratik Sales Ltd. announced on Monday that its board has approved an interim dividend for the financial year 2025-26 and a significant regional acquisition to bolster its footprint in North India.
The board has declared an interim dividend of Re 0.20 per equity share, representing a 20% payout on the face value of Re 1 each.
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The company has fixed Friday, March 27, 2026, as the record date to determine eligible shareholders. The dividend will be credited or dispatched between March 28, 2026, and April 20, 2026.
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Expansion Into North India
In a strategic move to deepen market penetration, the board also greenlit the acquisition of a 51% controlling stake in Chawla Brothers, a partnership firm based in Jalandhar and Ludhiana.
The total investment for this acquisition is valued at Rs 32.20 crore, to be paid entirely in cash. Chawla Brothers, which operates in the wholesale and retail decorative surface industry, reported a turnover of Rs 49.50 crore for the financial year ended March 31, 2025.
Euro Pratik expects the deal to conclude by March 31, 2026, aimed at enhancing brand visibility and regional presence across North Indian markets.
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