Recommendation of final dividend by board of directors for the financial year ended on March 31, 2025, subject to further declaration by members of the company
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The board of KIFS Financial Services Ltd met on May 21, 2025 and approved audited financial results for Q4 and FY ending March 31, 2025, carrying an unmodified (clean) opinion from statutory auditors. The board recommended a final dividend of ₹1.50 (15%) per equity share on shares of ₹10 face value, subject to shareholder approval at the upcoming AGM. Additionally, M/s Prachi Bansal and Associates were appointed as secretarial auditors for five years, M/s Parikh Shah & Associates were appointed as internal auditor for FY26, and independent director Mr. Sharvil Suthar was re-appointed for a second five-year term from June 29, 2025.
The 15% final dividend offers a modest income to shareholders pending AGM approval, and the clean audit opinion signals no accounting red flags for this NBFC. Re-appointments of auditors and the independent director point to continuity in governance.