The Jammu & Kashmir Bank Limited has informed the Exchange that Record date for the purpose of Dividend is 19-Aug-2025.
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On the reaction day the stock moved 2.9 pts less than Nifty Smallcap 250 and 3.0 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jammu & Kashmir Bank has fixed August 19, 2025 as the record date to identify shareholders eligible for the proposed dividend for FY 2024-25, subject to shareholder approval. The 87th Annual General Meeting is scheduled for August 26, 2025 at 11:00 AM in Srinagar, where the dividend will be put to vote. If approved, dividend payments will be made to eligible shareholders on or after August 27, 2025. Additionally, the Board approved the appointment of M/s. D K Pandoh & Associates as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30, at Rs 90,000 per annum plus taxes, pending shareholder approval.
Investors need to hold J&K Bank shares by the record date of August 19, 2025 to be eligible for the FY25 dividend. The actual dividend amount and yield are not disclosed in this filing and will depend on the outcome of the AGM vote on August 26, 2025.