KJMC Financial Services 38th AGM: Dividend and Growth Plans

Profit for the period rose to Rs 16.29 million in FY2026 from Rs 8.12 million in FY2025.
The company proposes a dividend of Rs 1 per share and seeks approval to raise Rs 50 crore in debt.

Reader Takeaway: Dividend payout and debt-raising plans signal stability, while related party transaction approvals warrant careful shareholder scrutiny.

What just happened

KJMC Financial Services has scheduled its 38th Annual General Meeting (AGM) for September 28, 2026, via video conferencing. The meeting will address key corporate governance matters, financial adoption, and strategic capital plans for the upcoming year.

Why this matters

The meeting is pivotal for shareholders as it involves the declaration of a dividend of Rs 1 per equity share. Furthermore, the company is seeking an enabling resolution to raise up to Rs 50 crore via Non-Convertible Debentures (NCDs) or other debt securities. Investors will also vote on a material related party transaction cap of Rs 100 crore with KJMC Capital Market Services Ltd.

What changes now

The board has proposed the appointment of M/s TLB & Co. as the new Statutory Auditor for a four-year term. Several board-level changes are also on the agenda, including the re-appointment of Mr. Rajnesh Jain as Whole-Time Director and the induction of Mr. Ramesh Chandra Jain as an Independent Director.

Context metrics (FY 2026)

• Total Revenue: Rs 63.29 million
• Profit Before Tax: Rs 23.45 million
• Profit for the Period: Rs 16.29 million

What to track next

Shareholders should prepare for remote e-voting, which begins on September 24, 2026, at 9:00 A.M. and concludes on September 27, 2026, at 5:00 P.M. The eligibility cut-off date for voting is September 21, 2026.