BSEMkventures Capital LtdMediumPositive
Announced Thu, 28 May · 14:13 IST

The Board of Directors approved and declared an interim Dividend of Rs. 0.25 per equity share of face value of Rs. 10 each for the financial year 2025-26.

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Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹994.95
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AI summary

MKVentures Capital Ltd's board meeting held on May 28, 2026 approved several items including audited standalone financial results for FY2025-26 showing total income of Rs. 1,987.15 Lakhs (down from Rs. 2,752.07 Lakhs in FY25) but improved profit after tax of Rs. 1,118.06 Lakhs (vs Rs. 957.70 Lakhs in FY25). EPS increased to Rs. 28.08 from Rs. 24.40. The board declared an interim dividend of Rs. 0.25 per equity share (2.5% on face value) with record date June 5, 2026. Key leadership changes include appointment of Mr. Ajay Shah (former EY senior partner with 30 years experience) as Managing Director and CEO, and re-designation of Mr. Madhusudan Kela to Non-Executive Director. A postal ballot will seek shareholder approval for the new CEO appointment.

Likely market impact

Positive signals from strong EPS growth and new experienced leadership under Ajay Shah could boost investor confidence. The modest interim dividend provides immediate shareholder returns. Revenue decline may raise concerns about business performance trajectory.