Management Change1 May 2026, 11:34 am
JM Financial: Gagan Kothari ceases as SMP, transfers to subsidiary
AI Summary
JM Financial Ltd announced that Mr. Gagan Kothari will cease to be a Senior Management Person (SMP) of the company, effective May 1, 2026. This change is a result of an internal transfer to JM Financial Services Limited (JMFSL), a wholly-owned subsidiary of JM Financial. Mr. Kothari previously held the position of Executive Director & Chief Operating Officer - Integrated Investment Bank. The intimation was made under Regulation 30 of SEBI Listing Regulations.
Key Highlights
- Gagan Kothari ceases as Senior Management Person at JM Financial.
- Cessation is effective May 1, 2026, due to internal transfer.
- He moves to JM Financial Services, a wholly-owned subsidiary.
- Kothari was Executive Director & COO of Integrated Investment Bank.
Price Impact
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