Announced Wed, 30 Apr · 17:11 IST

Board approves dividend of Rs. 1.2/- per equity share (12%) for the Financial Year ended March 31, 2025.

Corporate Actions View source PDF

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AI summary

The Board of Directors of Mukesh Babu Financial Services Ltd met on April 30, 2025, and approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. The statutory auditors issued an unmodified opinion on the results. The Board recommended a dividend of Rs. 1.20 per equity share (12%) on shares of face value Rs. 10, subject to shareholder approval at the upcoming general meeting. Additionally, the Board approved the appointment of V. V. Chakradeo & Co. as the secretarial auditor for a five-year term starting April 1, 2025, subject to shareholder approval.

Likely market impact

Shareholders will receive Rs. 1.20 per share as dividend pending approval at the AGM. The dividend reflects a stable distribution, though its yield relative to the share price is not determinable from this filing alone.