MKVentures Capital Appoints Ajay Shah as MD & CEO; Kela Re-designated
MKVentures Capital Limited's Board of Directors approved the appointment of Mr. Ajay Shah as an Additional Director, and subsequently as the Managing Director and CEO, subject to member approval. Concurrently, Mr. Madhusudan Kela was re-designated from Managing Director to Non-Executive, Non-Independent Director. The Board also approved the audited financial results for the quarter and financial year ended March 31, 2026. An interim dividend of ₹0.25 per equity share for FY 2025-26 was declared, with June 05, 2026, fixed as the record date. Additionally, M/s. Mahesh Chandra & Associates were appointed as Internal Auditors for FY 2026-27, and a postal ballot notice was approved to seek member approvals for special businesses.
Key Highlights
- Ajay Shah appointed as Additional Director, then MD & CEO (subject to member approval).
- Madhusudan Kela re-designated to Non-Executive, Non-Independent Director.
- Board approved audited financial results for Q4 and FY ended March 31, 2026.
- Interim dividend of ₹0.25 per equity share declared for FY 2025-26.
- Internal Auditors appointed and Postal Ballot Notice approved for member resolutions.
Price Impact
More from MKVENTURES