Keynote Financial Services Approves Q1 Results, Declares 10% Dividend

Keynote Financial Services Limited has announced its unaudited financial results for the first quarter and declared a dividend, as per the outcome of its recent board meeting.

Q1 Results Approval

The Board of Directors of Keynote Financial Services Limited convened on August 14 to review and approve the company's financial performance. During the meeting, which lasted from 12:00 to 15:30, the board approved the unaudited financial results for the quarter ended June 30, on both standalone and consolidated basis.

Dividend Declaration

In a move that will likely please shareholders, the board has declared a dividend of ₹1.00 per equity share, representing a 10% dividend on the face value of ₹10.00 per share. This declaration comes as part of the company's profit distribution strategy for the fiscal year.

32nd Annual General Meeting

The company has scheduled its 32nd Annual General Meeting (AGM) for September 26. In light of ongoing precautionary measures, the AGM will be conducted through video conference or other audio-visual means, ensuring shareholder participation while maintaining safety protocols.

Book Closure and Record Date

For the purpose of dividend payment and the AGM, the company has announced a book closure period. The register of members and share transfer books will remain closed from September 19 to September 26 (both days inclusive). The record date for determining shareholder eligibility for the dividend has been set as September 19.

Regulatory Compliance

The company has duly informed the stock exchanges about these developments in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited financial results, along with the Limited Review Report issued by the statutory auditors, M/s. SMSR & Co. LLP, have been submitted to the exchanges.

Keynote Financial Services Limited continues to maintain transparency in its operations and timely disclosure of material information to its stakeholders.

Investors and stakeholders are advised to refer to the detailed financial results and the Limited Review Report for a comprehensive understanding of the company's performance in the first quarter.