JM Financial Limited approved its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board of directors met on May 29, 2026, to review and adopt the financial statements. The results were reviewed by the audit committee before board approval. The audited results are available on JM Financial's website.
The board recommended a final dividend of Rs 1.75 per equity share for the financial year 2025-26. The record date for determining shareholder eligibility has been fixed as June 12, 2026. The dividend is subject to approval by members at the 41st annual general meeting scheduled on August 3, 2026. If declared, the dividend will be paid within 30 days from the date of the AGM.
The board approved the re-appointment of four independent directors for a second term, subject to shareholder approval. Ms. Roshini Bakshi and Mr. Navroz Udwadia will be re-appointed effective December 9, 2026. Mr. Pradip Kanakia will be re-appointed effective February 7, 2027. Mr. Sumit Bose will be re-appointed effective May 24, 2027. These directors are not liable to retire by rotation.
JM Financial designated three senior management personnel following the recommendation of the nomination and remuneration committee. Ms. Neha Agarwal was appointed Managing Director and Head of Equity Capital Markets. Ms. Swapna Dey was named Managing Director of Capital Solutions Group. Mr. Nitin Idnani was designated Managing Director of Real Estate Advisory.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.