Prakash Pipes Limited's Board of Directors, in a meeting held on December 18, 2025, approved the payment of an interim dividend of 10% per equity share, with a face value of Rs. 10 each. The record date for determining shareholder entitlement has been set for Wednesday, December 24, 2025. In a significant strategic move, the company also approved the acquisition of a 26% equity share capital in BECIS Solar 3 Private Limited (BECIS). This acquisition is a compliance requirement under the Electricity Rules, 2005, and will be accompanied by a Power Purchase Agreement with BECIS to develop and construct a 3.6 MW Solar Power Project. This project will supply power to Prakash Pipes Limited on a long-term basis, aiming to lower energy costs and promote renewable energy usage for its manufacturing unit in Kashipur, Uttarakhand. The acquisition cost is Rs. 1.21 Crores, and the deal is expected to be completed within 120 days of its execution. BECIS Solar 3 Private Limited was incorporated on May 5, 2025, and is yet to commence business operations. Furthermore, the Board approved an inter-corporate loan of Rs. 75 Crores to Prakash Industries Limited (PIL), a promoter group entity. This loan is intended to meet PIL's general corporate purposes and working capital requirements. The loan will carry an interest rate of 12% per annum, have a tenure of up to three years, and will be unsecured and repayable on demand. The Board Meeting commenced at 10:30 AM and concluded at 11:05 AM.