Keynote Financial Services Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Re. 1 per equity share.
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Keynote Financial Services Limited's Board meeting on May 29, 2026 approved multiple items including audited financial results for FY2026. The company reported a standalone net loss of ₹165.96 lakhs compared to a profit of ₹373.30 lakhs in FY2025, with revenue declining to ₹558.26 lakhs from ₹954.76 lakhs. Consolidated net profit fell to ₹665.88 lakhs from ₹1,456.99 lakhs year-on-year. The Board recommended a final dividend of ₹1 per equity share (10% on ₹10 face value), subject to shareholder approval at the 33rd AGM. Other key decisions include re-appointment of Mrs. Rinku Suchanti as Executive Director for 3 years and appointment of M/s V K Beswal & Associates as new statutory auditors for 5 years.
The dividend recommendation is positive for income-seeking investors, though the significant decline in profits raises concerns about sustainability. The stock may face pressure due to weak financial performance despite the dividend payout.