Announced Mon, 1 Sept · 14:24 IST

Submission of Annual Report for the F.Y. 2024-25

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ken Financial Services Ltd has submitted its Annual Report for FY 2024-25 along with the notice of its 31st Annual General Meeting, scheduled for September 25, 2025 at 1:00 PM via video conferencing. The company, a small BSE-listed NBFC (Script Code: 530547), reported total income of Rs. 59.89 lakhs (up from Rs. 58.01 lakhs in FY24) and profit after tax of Rs. 8.37 lakhs (up from Rs. 7.68 lakhs in FY24), a roughly 9% rise in net profit. The Board has not recommended any dividend, citing the need to retain funds for business expansion. Shareholders will vote on reappointment of director Mr. Praveen Kumar Modi, reappointment of statutory auditors M/s. Satya Prakash Natani & Co. for five years, and appointment of new secretarial auditors M/s. N. Bagaria & Associates for FY 2025-26 through FY 2029-30. About 99.40% of the company's shares are held in dematerialized form.

Likely market impact

This is a routine annual filing with no major surprises — modest revenue growth, slightly higher profit, and no dividend. Shareholders should watch the AGM voting outcomes, particularly the auditor appointments, though the impact on the stock price is likely minimal given the company's small scale and BSE-only listing.