MKVentures Capital names Ajay Shah as CEO as Madhusudan Kela steps back
The company reported a consolidated annual profit of ₹10.61 crore and declared a dividend of ₹0.25 per share.
— 3 earlier stories on MKVentures Capital Ltd. →What's new
- Ajay Shah takes over as Managing Director and CEO.
- Founder Madhusudan Kela moves to a non-executive role.
- The board declared an interim dividend of ₹0.25 per share.
Why this matters
The leadership transition formalizes a shift that was already expected. For a nano-cap firm, the stability of this handover is the primary test of the new management structure.
What we're watching
- How Ajay Shah differentiates his strategy from the founder's tenure.
- The impact of the new leadership on capital allocation.
- Any further changes to the board composition.
The full read
MKVentures Capital confirmed its annual results for the year ended March 31, 2026, posting a consolidated profit of ₹10.61 crore. Ajay Shah is now the Managing Director and CEO. Founder Madhusudan Kela moves to a non-executive position. The board also declared an interim dividend of ₹0.25 per share. This filing formalizes the leadership shift and provides the final annual figures. The transition is now official. The company must now operate under its new leadership structure. The next test is whether the firm maintains its momentum without the founder at the helm.
Questions answered
- Who is the new CEO of MKVentures Capital?
- Ajay Shah has been appointed as the new Managing Director and CEO.
- What is the status of founder Madhusudan Kela?
- Madhusudan Kela has transitioned into a non-executive role within the company.
- What were the financial results for the year?
- The company recorded a consolidated annual profit of ₹10.61 crore for the year ended March 31, 2026.
- Is there a dividend payout?
- Yes, the board declared an interim dividend of ₹0.25 per share.
Story so far
All notes on MKVENTURES →- 28 May 2026 · 1:25 PM IST MKVentures Capital names Ajay Shah as CEO as Madhusudan Kela steps back
- today MKVentures reports ₹10.61 cr profit as Ajay Shah takes the helm
- today MKVentures Capital posts ₹10.61 cr profit as Ajay Shah takes the helm
- today MKVentures Capital lifts annual profit to ₹10.61 cr