JM Financial Limited has informed the Exchange regarding the Business Responsibility and Sustainability Report for the financial year 2024-25 which also forms part of the Company s Fortieth Annual Report
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JM Financial Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, which is part of its Fortieth Annual Report and also available on its website. The company operates solely in financial services (100% of turnover), with key segments being Investment Banking/PMS/Private Wealth (54.76% of turnover) and holding company activities (46.17%). Key financials reported include a turnover of ₹1,037.27 crore and net worth of ₹4,461.45 crore, with 409 permanent employees (33% female) across 14 national offices. Notable ESG highlights include a 21% reduction in waste versus the previous year, 80.52 GJ of renewable energy consumption at its head office, 25 ESG-aligned Investment Banking deals executed, and 36 PMS portfolio companies (44.78% of portfolio value) aligned with the NSE 100 ESG Index. The company also disclosed a ₹15 lakh settlement with SEBI under Principle 1 for alleged violation of Regulation 29(4) of SEBI Delisting Regulations in a client matter. Additionally, the Private Wealth Management division was transferred to wholly owned subsidiary JM Financial Services Limited effective April 1, 2025.
This is a routine statutory BRSR disclosure and does not materially impact the stock price. However, the SEBI settlement of ₹15 lakh, the transfer of the Private Wealth business to a subsidiary, and the company's growing focus on ESG-aligned investments may be of interest to shareholders tracking governance and strategic restructuring.