Quest Capital Markets approves ₹2.50 dividend, reappoints directors

2 min read     Updated on 27 Jul 2026, 09:18 PM
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Naman SScanX News Team
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Quest Capital Markets Limited concluded its 40th AGM on July 27, 2026, with shareholders approving a ₹2.50 per share final dividend for FY26 and adopting the unaudited financial statements. The meeting also saw the reappointment of independent directors Rusha Mitra and Trivikram Khaitan for five-year terms, along with the appointment of Sunil Kumar Sangneria. All resolutions passed with near-unanimous support, backed by 75% voter turnout.

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Quest Capital Markets shareholders approved a final dividend of ₹2.50 per equity share for the financial year ended March 31, 2026, alongside the adoption of audited financial statements, at its 40th Annual General Meeting (AGM) held on July 27, 2026. The Kolkata-based stockbroking firm also secured shareholder approval for the reappointment of two independent directors, signaling continued stability in its governance structure.

The AGM, conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM) pursuant to SEBI and Ministry of Corporate Affairs (MCA) guidelines, commenced at 11:00 a.m. and concluded at 11:46 a.m. Harish Toshniwal, Director of the company, presided over the meeting as Chairman. Twenty-seven members attended the proceedings, including two represented by authorized representatives. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the summary of proceedings to BSE Limited.

Voting was conducted through remote e-voting from July 24 to July 26, 2026, followed by e-voting during the AGM using the Central Depository Services (India) Limited (CDSL) platform. K. Arun & Co., appointed as the scrutinizer by the Board, certified that the voting process adhered to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. Out of 10 million total shares, 7,501,688 votes were polled, representing a 75.02% turnout.

All five resolutions placed before the members passed with overwhelming support. The promoter group, holding 7.5 million shares, voted in favor of all items. Public non-institutional shareholders also largely supported the agenda, with resolutions receiving between 99.29% and 100% of valid votes cast. No abstentions were recorded.

Key Resolutions Passed

Resolution Type Votes in Favor Votes Against Support %
Adoption of FY26 Financial Statements Ordinary 7,501,677 11 99.99%
Declaration of ₹2.50 Final Dividend Ordinary 7,501,678 10 100.00%
Appointment of Sunil Kumar Sangneria Ordinary 7,501,677 11 99.99%
Re-appointment of Rusha Mitra Special 7,501,677 11 99.99%
Re-appointment of Trivikram Khaitan Special 7,501,676 12 99.99%

Sunil Kumar Sangneria was appointed as a director liable to retire by rotation. Independent directors Rusha Mitra and Trivikram Khaitan were reappointed for a second term of five consecutive years each. The company confirmed that the Auditors’ Report did not contain any qualifications, and statutory registers were made available electronically for inspection during the meeting.

Historical Stock Returns for Quest Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%+0.11%-5.30%+4.39%-28.13%+10.81%

How does the ₹2.50 dividend per share compare to Quest Capital's historical payout ratios, and what does this signal about the firm's cash flow health and future capital allocation strategy?

With the reappointment of independent directors Rusha Mitra and Trivikram Khaitan for a second five-year term, how might their continued tenure influence the company's strategic direction and risk management framework?

Given the 75% voting turnout and overwhelming support from both promoters and public shareholders, what factors contributed to this high level of stakeholder confidence in the FY26 financial results?

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Quest Capital Markets fixes July 20 as record date for dividend

1 min read     Updated on 02 Jul 2026, 01:56 PM
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Shriram SScanX News Team
AI Summary

Quest Capital Markets Limited announced July 20, 2026, as the record date for a final dividend of ₹2.50 per share, pending approval at the 40th AGM on July 27, 2026. The company reported a 19.89% rise in net profit to ₹2,352.95 lakh and a 21.46% increase in revenue to ₹3,135.04 lakh for FY26. E-voting is open from July 24 to July 26.

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Quest Capital Markets Limited has fixed July 20, 2026, as the record date to determine shareholder eligibility for the final dividend of ₹2.50 per equity share for the financial year ended March 31, 2026. The company reported a net profit of ₹2,352.95 lakh for FY26, an increase of 19.89% from ₹1,962.57 lakh in the previous year, while revenue from operations rose 21.46% to ₹3,135.04 lakh. The 40th Annual General Meeting (AGM) is scheduled to be held on July 27, 2026, at 11:00 a.m. through Video Conferencing and Other Audio Visual Means.

The register of members and share transfer books will remain closed from July 21, 2026, to July 27, 2026, for the purpose of the AGM and dividend payment. Remote e-voting will commence on July 24, 2026, at 9:00 a.m. and conclude on July 26, 2026, at 5:00 p.m. Members whose names appear in the Register of Members or List of Beneficial Owners as on the record date will be entitled to receive the dividend, subject to approval at the AGM.

In accordance with the Reserve Bank of India (RBI) Act, 1934, the company transferred ₹551.49 lakh to the Special Reserve Fund before declaring any dividend. Earnings per share (EPS) for the year increased to ₹23.53 from ₹19.63 in the previous year. The company maintained a Capital to Risk Weighted Assets Ratio (CRAR) of 105.90% as of March 31, 2026.

The key financial metrics for the year ended March 31, 2026 are detailed below:

Particulars Year Ended 31st March, 2026 Year Ended 31st March, 2025
Revenue from Operations 3,135.04 2,581.12
Total Income 3,135.61 2,598.84
Profit Before Tax 3,062.95 2,537.12
Profit After Tax 2,352.95 1,962.57
Earnings Per Share (₹) 23.53 19.63

Historical Stock Returns for Quest Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%+0.11%-5.30%+4.39%-28.13%+10.81%

Can Quest Capital Markets sustain the 19.89% profit growth amidst potential economic shifts in FY27?

How might the ₹2.50 dividend payout impact the company's capital allocation strategy for future investments?

Will the strong CRAR of 105.90% enable the company to pursue riskier, high-yield opportunities in the coming year?

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1 Year Returns:-28.13%