StockWatch
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Investment Company
Board Meeting29 May 2026, 07:53 pm

JM Financial Recommends ₹1.75 Dividend; Reappoints Directors

AI Summary

JM Financial Ltd's board approved audited financial results for FY26, recommending a final dividend of ₹1.75 per share, subject to shareholder approval at the AGM scheduled for August 3, 2026. The record date for dividend eligibility is June 12, 2026. The board also re-appointed Ms. Roshini Bakshi, Mr. Navroz Udwadia, Mr. Pradip Kanakia, and Mr. Sumit Bose as Independent Directors for a second term, subject to shareholder approval. Additionally, Ms. Neha Agarwal, Ms. Swapna Dey, and Mr. Nitin Idnani were designated as Senior Management Persons.

Key Highlights

  • JM Financial approved FY26 audited financial results and a ₹1.75 final dividend.
  • Record date for dividend eligibility is set as June 12, 2026.
  • Four Independent Directors re-appointed for a second term, pending shareholder approval.
  • AGM scheduled for August 3, 2026.
  • Three officials designated as Senior Management Persons (SMPs).