KIFS Financial Services Ltd — Board Meeting, 21-05-2025: Board Meeting

KIFS Financial Services Limited has announced a board meeting outcome where it approved the audited financial results for the quarter and financial year ended March 31, 2025, reporting a net profit from continuing operations and a final dividend of ₹1.50 (15%) per equity share of ₹10 each, subject to shareholder approval. The audit report carries an unmodified opinion. The board appointed M/s. Prachi Bansal and Associates as secretarial auditors for five years and M/s. Parikh Shah & Associates as internal auditors for FY 2025-26. Additionally, Mr. Sharvil Bharat Kumar Suthar was approved for re-appointment as an independent director for a second five-year term, pending shareholder approval. These changes reinforce the company’s governance and compliance framework, supporting operational transparency and oversight beneficial to shareholders.