EMKAY: Emkay Global Financial Services Limited has informed the Exchange regarding Re-appointment of Prakash Kacholia as Managing Director of the company w.e.f. October 01, 2025.
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Emkay Global held its 31st AGM on August 11, 2025, where shareholders approved several key resolutions. These include adoption of audited financial statements for FY25 and declaration of a total dividend of Rs. 4 per share (Rs. 1.50 normal + Rs. 2.50 special dividend) — 40% on the Rs. 10 face value. Notably, both Mr. Krishna Kumar Karwa and Mr. Prakash Kacholia were re-appointed as Managing Directors for a further 3-year term effective October 1, 2025. Members also approved the alteration of the Articles of Association and appointed M/s. Parikh & Associates as the new Secretarial Auditor for a 5-year term.
The re-appointment of both Managing Directors signals leadership continuity and stability for the next three years. The combined Rs. 4 dividend (including a special component) is a positive return for shareholders, and the smooth passing of all resolutions suggests no governance friction at the AGM.