JM Financial Limited's promoter has filed a mandatory regulatory disclosure with stock exchanges, declaring that no encumbrance was created during the financial year 2025-26. The disclosure demonstrates compliance with SEBI takeover regulations and provides transparency regarding promoter shareholding arrangements.

Regulatory Disclosure Details

J.M. Financial and Investment Consultancy Services Private Limited, acting as a promoter of JM Financial Limited, submitted the disclosure on April 02, 2026, to both BSE Limited and National Stock Exchange of India Limited. The communication was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended.

Encumbrance Declaration

The promoter entity has categorically declared that during the financial year 2025-26, no direct or indirect encumbrance was created by the promoter, promoter group, or persons acting in concert with them. This declaration covers all forms of encumbrance that could potentially affect the promoter's shareholding in JM Financial Limited.

Regulatory Compliance

The disclosure represents adherence to SEBI's transparency requirements under the takeover regulations. Regulation 31(4) mandates promoters to disclose any encumbrance created on their shareholding, ensuring market participants have access to material information that could impact corporate control or shareholding patterns.

The communication was signed by Nimesh Kampani, Executive Chairman of J.M. Financial and Investment Consultancy Services Private Limited, and submitted to the corporate services departments of both stock exchanges for record-keeping purposes.

JM Financial Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI depository regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 with both major stock exchanges on April 10, 2026. The submission was made to BSE Limited and National Stock Exchange of India Limited as part of the company's ongoing compliance obligations.

Certificate Validation

KFin Technologies Limited, serving as the Registrar and Transfer Agents for JM Financial Limited, issued the compliance certificate on April 8, 2026. The certificate confirms that all details of securities dematerialized and rematerialized during the specified quarter were properly furnished to stock exchanges where the company's shares are listed.

The certification validates several key compliance aspects:

• Security certificates and confirmation letters from depository participants were properly confirmed or rejected
• All security certificates received were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within prescribed timelines
• All procedures were completed in accordance with regulatory requirements

Corporate Information

The filing was signed by Hemant Pandya, Company Secretary and Compliance Officer of JM Financial Limited. The certificate from KFin Technologies Limited was signed by Dnyanesh Gharote, Vice President.

This quarterly compliance filing demonstrates JM Financial Limited's adherence to SEBI regulations governing depository participants and maintains transparency in its securities handling processes.