M&MFINBSEM&M FIN. SERVICES LTDLowNeutral
Announced Tue, 21 Jul · 19:40 IST

M&M Financial Services 36th AGM: dividend of Rs 7.50 per share declared

Board & Shareholder Meetings View source PDF

M&MFIN · price

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Price reaction · full curve 14 horizons · vs prior close
+6.5%1-day move
₹347.50
prior close
₹362.25
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+1.4+1.7+1.8+6.5+2.8+3.9
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AI summary

36th AGM held on 21 July 2026 via video conferencing chaired by Dr. Anish Shah. All directors present. Resolutions passed: adopted standalone and consolidated financials for FY26; declared dividend of Rs 7.50 (375 percent) per share; re-appointed Mr. Amarjyoti Barua; appointed Mr. Krishna Kumar Nair; approved material related party transactions with LIC; special resolution to increase borrowing limits. Chairman noted GS3 improved to 3.4 percent, AUM grew 12 percent to about Rs 1.34 lakh crore, and consolidated profit up 27 percent.

Likely market impact

Dividend of Rs 7.50 per share rewards shareholders. GS3 at 3.4 percent and 27 percent profit growth signal financial improvement. Higher borrowing limit supports growth.