JMFINANCILNSEJM Financial Limited· FinanceMediumNeutral
Announced Fri, 29 May · 19:37 IST

JM Financial Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

JMFINANCIL · price

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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹130.80
prior close
₹125.01
base price
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AI summary

JM Financial Limited held its Board meeting on May 29, 2026 and approved audited financial results for Q4 and FY ended March 31, 2026. On a consolidated basis, the company reported total revenue of Rs. 4,260.59 crore and net profit after tax of Rs. 1,176.88 crore for FY 2025-26, compared to Rs. 4,452.83 crore revenue and Rs. 772 crore net profit in the previous year. The Board recommended a final dividend of Rs. 1.75 per share for FY 2025-26, subject to shareholder approval at the ensuing AGM scheduled for August 3, 2026. Four Independent Directors (Ms. Roshini Bakshi, Mr. Navroz Udwadia, Mr. Pradip Kanakia, and Mr. Sumit Bose) were re-appointed for a second term. Additionally, three senior management persons were designated: Ms. Neha Agarwal as MD & Head-ECM, Ms. Swapna Dey as MD-Capital Solutions Group, and Mr. Nitin Idnani as MD-Real Estate Advisory.

Likely market impact

The company reported healthy profitability for FY 2025-26 with a strong 52% rise in consolidated net profit year-on-year. The dividend recommendation and AGM scheduling indicate normal corporate governance functioning. The re-appointment of all four independent directors and designation of senior management personnel provides continuity in leadership.