Emkay Global Financial Services Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF Explain this filing

EMKAY · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-7.5%Reaction day

₹224.90

prior close

₹215.01

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-7.5% vs market

Stockbroking & Allied peers, median of 33sector-0.6%-6.9% vs sector

On the reaction day the stock moved 7.5 pts less than Nifty Microcap 250 and 6.9 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

-1.5

15m

-1.9

30m

-3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.5+0.0-7.5-0.6-6.9

Next day

-8.6+0.7-9.3+0.1-8.7

-2.2-0.1-2.0+0.1-2.3

-3.1+1.4-4.5-0.2-2.9

+0.0+2.6-2.6+1.1-1.1

-4.4+2.5-6.9+0.8-5.1

-4.4+2.2-6.6-0.2-4.2

15d

-4.0+1.9-5.9-3.1-0.8

-2.7+2.8-5.5-0.6-2.1

+40.8+1.2+39.5-2.2+42.9

+32.0+2.2+29.8+0.2+31.8

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 33Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Emkay Global Financial Services held its 31st AGM on August 11, 2025, where shareholders approved the audited financial statements for FY25. The company declared a total dividend of Rs. 4 per equity share (Rs. 1.50 normal + Rs. 2.50 special) on the face value of Rs. 10, amounting to 40%. Mr. S. K. Saboo was re-appointed as Director after retiring by rotation. Both Mr. Krishna Kumar Karwa and Mr. Prakash Kacholia were re-appointed as Managing Directors for a further 3-year term starting October 1, 2025. Shareholders also approved an alteration to the Articles of Association and the appointment of M/s. Parikh & Associates as Secretarial Auditor for 5 years.

Likely market impact

The combined dividend of Rs. 4 per share signals strong shareholder returns, with the special dividend indicating surplus cash or one-time gains. Re-appointment of both Managing Directors provides leadership continuity, which is positive for operational stability.