Emkay Global Financial Services Limited has informed the Exchange regarding Re-appointment of Krishna Kumar Karwa as Managing Director of the company w.e.f. October 01, 2025.
EMKAY · price
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Emkay Global Financial Services held its 31st AGM on August 11, 2025, where shareholders approved the audited financial statements for FY25. A total dividend of Rs.4 per share was declared (Rs.1.50 normal + Rs.2.50 special), amounting to 40% on the face value of Rs.10. Both Krishna Kumar Karwa and Prakash Kacholia were re-appointed as Managing Directors for a further 3 years effective October 1, 2025, along with their remuneration. The meeting also approved the re-appointment of S.K. Saboo as director (retiring by rotation), alteration of the Articles of Association, and appointment of Parikh & Associates as secretarial auditor for 5 years.
The 40% dividend including a special dividend is a positive return for shareholders and signals strong FY25 performance. Continuity in leadership with both MDs retained for three years provides stability, while the secretarial auditor appointment supports ongoing governance. Overall, the AGM outcome is routine and shareholder-friendly with no negative signals.