M&MFINBSEM&M FIN. SERVICES LTDLowNeutral
Announced Thu, 23 Jul · 13:44 IST

36th AGM: All 7 resolutions passed including dividend and LIC related-party deal

Board & Shareholder Meetings View source PDF

M&MFIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹375.45
prior close
₹373.15
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In-mkt
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+0.1+0.2+0.1+0.1-4.8-3.8
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AI summary

36th AGM held on 21 July 2026 via video conferencing. All 7 resolutions passed with over 99.5% approval and about 89.9% of shares voting. Items approved: FY26 standalone and consolidated financial statements, declaration of dividend on equity shares, re-appointment of Mr Amarjyoti Barua as Director, appointment of Mr Krishna Kumar Sukumaran Nair as Non-Executive Director, material related-party transactions with LIC, and increase in borrowing limits.

Likely market impact

Dividend confirmed for FY26 shareholders. Board gets a new Director. Higher borrowing limit and LIC-related deal approved, giving the NBBC more operational flexibility.