BSESakthi Finance LtdHighPositive
Announced Thu, 14 Aug · 15:49 IST

Record date for the purpose of the dividend entitlement.

Corporate Actions View source PDF

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AI summary

Sakthi Finance's board, meeting on August 14, 2025, approved unaudited Q1 FY26 results with total revenue from operations of ₹5,374.56 lakhs (up slightly from ₹5,320.51 lakhs in Q1 FY25) and profit after tax of ₹411.92 lakhs versus ₹388.81 lakhs a year earlier, with EPS at ₹0.64. The board fixed September 22, 2025 as the record date for dividend entitlement and e-voting, with the 68th AGM scheduled for September 27, 2025. Two new Independent Directors were appointed, Vice Chairman & MD Sri M Balasubramaniam was re-appointed for five years, and a new Secretarial Auditor was recommended. The board also approved raising up to ₹250 crore via NCDs/commercial papers and ₹20 crore via cumulative preference shares on private placement, and increasing authorised share capital from ₹130 crore to ₹150 crore, all subject to shareholder approval.

Likely market impact

The record date signals an upcoming dividend, though the actual amount is not disclosed here, so shareholders should watch for the AGM notice. The modest earnings growth and continued high debt-equity ratio of 5.78 with capital adequacy at 18.43% suggest a stable but leveraged NBFC; the proposed ₹270 crore of fresh debt and preference share issuances, if approved, will further expand the borrowings base.