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Mahindra & Mahindra Financial Services LimitedBoard Meeting, 22-04-2025: Outcome of Board Meeting

22-04-2025 | 06:07 pm

The Board of Directors of Mahindra & Mahindra Financial Services Ltd. has confirmed the approval of the audited financial results for the quarter and year ended 31st March 2025, reporting a net profit of ₹2,345.04 crore. The company has proposed a dividend of ₹6.50 per equity share, subject to approval at the forthcoming AGM. Additionally, the Board has decided to increase the borrowing limits from ₹1,30,000 crore to ₹1,50,000 crore, and reappointed Dr. Rebecca Nugent as an Independent Director for a five-year term. Changes in senior management have also been approved. This meeting's outcomes will impact shareholders and the company's strategic direction.

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