We wish to inform you that Meeting held today i.e. 29th May 2026 the Board approved the appointment of Statutory Auditor, subject to the approval of the shareholders at the 33rd Annual ....
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Keynote Financial Services Limited held its Board Meeting on May 29, 2026, approving the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The standalone results show a net loss of ₹165.96 lakhs for FY2026 versus a profit of ₹373.30 lakhs in FY2025. The consolidated results reflect a net loss of ₹665.88 lakhs for FY2026. The Board recommended a dividend of ₹1 per equity share (10%) for FY2025-26, subject to shareholder approval at the 33rd AGM. Mrs. Rinku Suchanti (spouse of Managing Director Mr. Vineet Suchanti) was re-appointed as Executive Director for 3 years. The Company also approved changing its Statutory Auditors from SMSR & Co. LLP to M/s. V K Beswal & Associates for a 5-year term, subject to shareholder approval.
The company reported significant losses in FY2026 compared to profits in FY2025, primarily due to losses in trading in securities. The dividend recommendation provides some return to shareholders. The appointment of a related party (family member of the Managing Director) as Executive Director may raise governance concerns for investors.