The Board has recommended a final dividend of Rs.0.25 per equity shares on the face value of Rs. 10 subject to approval of shareholders in the ensuing AGM.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mkventures Capital Ltd's board, at its meeting on August 7, 2025, approved unaudited standalone and consolidated financial results for Q1FY26. Standalone profit after tax came in at Rs. 424.47 lakhs, down from Rs. 514.45 lakhs in the year-ago quarter, while total income fell to Rs. 649.17 lakhs from Rs. 809.66 lakhs YoY. The board recommended a final dividend of Rs. 0.25 per equity share (on face value of Rs. 10) for FY25, which together with the earlier interim dividend of Rs. 1 per share takes total FY25 dividend to Rs. 1.25 per share (12.5% on face value). The board also accepted the resignation of statutory auditor M/s ARSK & Associates and appointed M/s S K Patodia & Associates LLP for a 3-year term, in line with RBI guidelines on auditor rotation. The 34th AGM is scheduled for September 25, 2025.
The final dividend is modest at 2.5% on face value, and Q1FY26 shows a clear year-on-year decline in both income and profit, which may weigh on sentiment despite the consistent dividend payout. The auditor change is routine, driven by completion of the existing 3-year term rather than any governance concern.