NewsCorporate ActionsPlatinumOne Business Services Declares 20% Interim Dividend, Approves Director Re-appointmentsPlatinumOne Business Services Declares 20% Interim Dividend, Approves Director Re-appointments
PlatinumOne Business Services Limited (PBSL) announced key decisions from its board meeting on October 13, 2025. The company declared an interim dividend of 20% (Rs. 2.00 per share) with a record date of October 18, 2025. The board approved the re-appointment of Managing Director Amey Saxena and Executive Director Ratul Lahiri for the period August 1, 2025 - July 31, 2026, subject to shareholder approval. PBSL also approved alterations to its Memorandum of Association and scheduled an Extraordinary General Meeting for November 29, 2025, to be held via video conferencing.
*this image is generated using AI for illustrative purposes only.
PlatinumOne Business Services Limited (PBSL) has announced significant corporate actions and financial decisions following its recent board meeting. The company's Board of Directors convened on October 13, 2025, to approve several key matters, including financial results and leadership changes.
Financial Results and Dividend
The board has approved the unaudited financial results for the half-year ended September 30, 2025. In a move that will likely please shareholders, PBSL has declared an interim dividend of 20%, which translates to Rs. 2.00 per share. The company has set October 18, 2025, as the record date for dividend payment.
Leadership Continuity
Subject to shareholder approval, the board has given the green light for the re-appointment of two key executives:
| Position | Name | Re-appointment Period |
|---|---|---|
| Managing Director | Amey Saxena | August 1, 2025 - July 31, 2026 |
| Executive Director | Ratul Lahiri | August 1, 2025 - July 31, 2026 |
Both Mr. Saxena and Mr. Lahiri are promoters of the company and have been directors since its inception, ensuring continuity in leadership.
Corporate Governance and Shareholder Meeting
The board has also approved alterations to the company's Memorandum of Association, which will require shareholder approval. To address these matters, PBSL has scheduled an Extraordinary General Meeting (EGM) for November 29, 2025. The EGM will be conducted via video conferencing, allowing shareholders to participate remotely.
Additional Information
The board meeting, which took place at Novotel Mumbai, International Airport, commenced at 9:30 PM and concluded at 10:30 PM. The company has assured that neither Mr. Amey Saxena nor Mr. Ratul Lahiri is debarred from holding the office of director by any order of SEBI or any other authority.
Investors and stakeholders should note that these decisions, particularly the re-appointments and changes to the Memorandum of Association, are subject to shareholder approval at the upcoming EGM.
PlatinumOne Business Services Limited continues to demonstrate its commitment to transparency and shareholder value through these corporate actions and timely disclosures.
Historical Stock Returns for PlatinumOne Business Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
19
