StockWatch
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Stockbroking & Allied
Management Change22 Sept 2026, 07:01 pm

Nikhil Khandelwal Re-appointed MD for 3 Years; Dividend Approved

AI Summary

Systematix Corporate Services Ltd announced the re-appointment of Mr. Nikhil Khandelwal as Managing Director for a further period of three years, effective September 1, 2026. This decision was approved by members at the 41st Annual General Meeting held on September 22, 2026. The AGM also approved a final dividend of ₹0.10 per equity share (10%) for the financial year ended March 31, 2026. Mr. Khandelwal, an MBA from ISB Hyderabad, previously worked as a Consumer sector analyst and currently oversees the Investment Banking business of the company.

Key Highlights

  • Mr. Nikhil Khandelwal re-appointed as Managing Director for 3 years.
  • Re-appointment is effective from September 1, 2026.
  • Decision approved at the 41st Annual General Meeting.
  • Final dividend of ₹0.10 per share (10%) also approved.
  • Mr. Khandelwal oversees the Investment Banking business.