Mukesh Babu Financial Services News

Mukesh Babu Financial Services Reports Quarterly Results and Board Changes

Mukesh Babu Financial Services Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The company reported standalone revenue from operations of Rs 668.74 lakhs for the quarter, with dividend income of Rs 235.65 lakhs. The company posted a net loss after tax of Rs 78.18 lakhs for the quarter on a standalone basis. On a consolidated basis, total income was Rs 951.80 lakhs with a net loss after tax of Rs 102.80 lakhs for the quarter. The Board also reconstituted its committees by adding Mr. Bhavesh Doshi, an Independent Director, as a member of the Audit Committee, Stakeholder Relationship Committee, CSR Committee, and Nomination Remuneration Committee. The financial results were approved by the Board of Directors at their meeting held on October 30, 2025.

Mukesh Babu Financial Services Sets Record Date for FY2024-25 Dividend

Mukesh Babu Financial Services Limited has set September 02, 2025 as the record date for determining shareholders eligible to receive dividend for financial year 2024-25. The dividend is subject to declaration at the company's 40th Annual General Meeting scheduled for September 09, 2025. If approved, the dividend will be paid within 30 days from the conclusion of the AGM.

Mukesh Babu Financial Services Re-appoints Bhavesh Doshi as Independent Director for Second Five-Year Term

Mukesh Babu Financial Services Limited's Board of Directors has re-appointed Mr. Bhavesh Doshi as an additional independent director for a second five-year term, effective August 28, 2025. The appointment is based on the recommendation of the Nomination and Remuneration Committee and requires shareholder approval. Doshi brings over 30 years of experience in capital markets and investment, offering insights on the Indian economy and macroeconomic conditions. He previously served as an Independent Director from August 28, 2020 to August 27, 2025. The company confirmed that Doshi is not related to any other director and is not debarred from holding office by any regulatory authority.