The Jammu & Kashmir Bank Limited has informed the Exchange about Related Party Disclosure
J&KBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jammu & Kashmir Bank has filed its Related Party Transaction disclosure for H2 FY2025-26 (October 2025 to March 2026). Transactions include interest paid of Rs 0.40 crore and received Rs 0.25 crore with wholly-owned subsidiary JKB Financial Services Ltd. With associate Jammu and Kashmir Grameen Bank, the bank paid Rs 15.85 crore in interest on fixed deposits and received Rs 0.53 crore on overdraft facilities. Key management personnel remuneration was paid to MD & CEO (Rs 0.90 crore), Executive Director (Rs 0.90 crore), CFO (Rs 0.23 crore), and Company Secretary (Rs 0.17 crore). Variable pay arrears for previous fiscal years were paid to former MD & CEO (Rs 0.36 crore) and former CFO (Rs 0.11 crore). Total related party transactions amount to approximately Rs 20.19 crore.
This is a routine regulatory filing ensuring transparency in transactions with related parties including the wholly-owned subsidiary, associate entity, and key management personnel. The disclosed amounts are relatively small relative to the bank's balance sheet, suggesting no material concern for shareholders.