KIFS Financial Services logo

KIFS Financial Services MD, chairman, board of directors and AGM

BSE: 535566FinanceSmall Cap

Last close ₹109.90down ₹0.10 (0.09%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹110.00.

52-week range of traded prices to 23 Oct 2026
₹97.60Low, 7 Aug 2026₹192.00High, 6 Nov 2025
Market cap
₹119 Cr2,725th largest listed
P/E
14.3
P/B
1.9
Dividend yield
1.41%
ROE
13.9%
NIM
3.97%
Cost of funds
6.55%
Credit cost
0.00%
ROA
1.89%
Leverage
7.02times net worth
Volume, BSE
67

KIFS Financial Services board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorRAJESH PARMANAND KHANDWALA
  • Company Secretary and Compliance OfficerDurgesh Dulichand Soni

6 directors3 independent2 executive1 non-executive

  • RAJESH PARMANAND KHANDWALA · Chairperson and managing directorExecutive · joined Jul 2010 · reappointed Feb 2023 · 1 listed board · 2 committee seats
  • SONAL RAJESH KHANDWALANon-executive · joined May 2014 · reappointed Sep 2014 · 1 listed board
  • SHARVIL BHARAT KUMAR SUTHARIndependent · joined Jun 2020 · reappointed Aug 2025 · 72 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • VIMAL PARMANAND KHANDWALAExecutive · joined Jan 2021 · reappointed Sep 2021 · 1 listed board
  • RAJESH GOPALDAS PAREKHIndependent · joined Aug 2023 · reappointed Sep 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • DIXIT DIPAKKUMAR SHAHIndependent · joined Aug 2023 · reappointed Sep 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 20 May 20266 of 6 present3 independent · 95 days in between
    • 13 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair RAJESH GOPALDAS PAREKH

    RAJESH PARMANAND KHANDWALA, SHARVIL BHARAT KUMAR SUTHAR

    • 20 May 20263 of 3 present2 independent · 95 days in between
    • 13 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair SHARVIL BHARAT KUMAR SUTHAR

    SONAL RAJESH KHANDWALA, DIXIT DIPAKKUMAR SHAH

    • 13 May 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair DIXIT DIPAKKUMAR SHAH

    RAJESH PARMANAND KHANDWALA, SHARVIL BHARAT KUMAR SUTHAR

    • 20 May 20263 of 3 present2 independent · 95 days in between
    • 13 Feb 20263 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair RAJESH PARMANAND KHANDWALA

    RAJESH GOPALDAS PAREKH, SHARVIL BHARAT KUMAR SUTHAR

    • 13 Feb 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

KIFS Financial Services AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.KIFS Financial Services dividend history

Annual general meeting, 29 Sep 2026

1,505 shareholders on the register on 22 Sep 2026; present: 1 promoter and 14 others; votes counted by Mrs. Yati Mittal / M/s. Yati Mittal & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements of the company for the financial year ended on March 31, 2026 together with reports of the directors and auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.36% · promoters 100.00% · institutions 0.00% · other public 47.37%

  2. To declare a final dividend on equity shares of the company for the financial year ended on March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.36% · promoters 100.00% · institutions 0.00% · other public 47.37%

  3. To appoint a director in place of Mr. Vimal Parmanand Khandwala (DIN: 00477768), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.36% · promoters 100.00% · institutions 0.00% · other public 47.37%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.