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Awaiting price reaction for this filing.
Mukesh Babu Financial Services Ltd held its 40th Annual General Meeting on September 9, 2025, via Video Conference, from 4:00 p.m. to 4:41 p.m. A total of 29 members attended (2 from promoter group, 27 from public). All 7 resolutions in the AGM notice were passed with the requisite majority. Key items approved included adoption of audited financial statements for FY 2024-25, declaration of a dividend of Rs. 1.20 per share, re-appointment of Mrs. Meena Mukesh Babu as director, re-appointment of Mr. Bhavesh Doshi as Independent Director for a second term, and approval of material related party transactions including those of its subsidiary Mukesh Babu Securities Limited. The auditor's report had no qualifications or adverse observations.
Shareholders will receive a dividend of Rs. 1.20 per share for FY 2024-25. Approval of material related party transactions and director re-appointments is largely procedural and unlikely to materially move the stock price.