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 ....
KEYFINSERV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Keynote Financial Services approved the audited standalone and consolidated financial results for Q4 and FY2026 ending March 31, 2026. Standalone operations posted a loss of ₹165.96 lakhs compared to a profit of ₹373.30 lakhs in FY2025, largely due to a net loss on fair value changes of ₹359.26 lakhs. Consolidated loss stood at ₹948.01 lakhs after accounting for share of associate, versus a profit of ₹1,456.99 lakhs in the previous year. The Board recommended a dividend of ₹1 per equity share (10%) for FY2025-26, subject to shareholder approval at the 33rd AGM. Additionally, the Board approved the appointment of M/s. V K Beswal & Associates as the new Statutory Auditors for 5 years, replacing SMSR & Co. LLP upon completion of their second term, and re-appointed Mrs. Rinku Suchanti as Executive Director for 3 years.
The company swung to significant losses on lower revenue and adverse fair value changes, which could pressure the stock. The dividend recommendation provides some investor cushion, while the statutory auditor change is routine governance.