Please find attached intimation regarding re-appointment of Independent Directors for a second term.
JMFINANCIL · price
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JM Financial Limited's Board approved audited Q4 and FY2026 results showing consolidated net profit of ₹1,201 crore, up 55% from ₹774 crore in FY25. Total revenue from operations was ₹4,091 crore, slightly lower than prior year's ₹4,178 crore. The Board recommended a final dividend of ₹1.75 per share for FY26, payable within 30 days of the AGM on August 3, 2026. Four Independent Directors (Roshini Bakshi, Navroz Udwadia, Pradip Kanakia, and Sumit Bose) were re-appointed for second terms effective December 2026 and May 2027. Three senior management persons were also designated: Neha Agarwal (MD & Head Equity Capital Markets), Swapna Dey (MD Capital Solutions Group), and Nitin Idnani (MD Real Estate Advisory).
Strong profit growth of 55% year-on-year and an unchanged dividend of ₹1.75 per share reflect operational strength despite revenue headwinds. Re-appointment of all four independent directors provides continuity in governance, while designation of new senior management signals focus on key business verticals.