PPAP Automotive reports a significant 18.6% increase in Q4 revenue to INR 174.6 crore for FY26. The company has also divested a joint venture stake for INR 100 crore as part of a restructuring process involving a tooling spin-off and merger of the battery business.

PPAP Automotive has announced a dividend of ₹1.5 per share for the upcoming fiscal year and has also reappointed its current CMD. The company's subsidiary merger has been cleared, as well as the sale of its tooling business and the allocation of ESOPs.

PPAP Automotive announces its Q4 FY26 results, revealing plans for a merger with Avinya Batteries and the sale of its tooling business. To reduce debt and enhance synergies, they are also exiting their 50% stake in PTI for INR 100 crore.