Jammu & Kashmir Bank shareholders have passed two significant resolutions through remote e-voting, demonstrating strong support for the bank's governance decisions.

Director Appointment

The first resolution, which proposed the appointment of Mr. Arun Gandotra (DIN: 08907929) as an Independent Director on the bank's board, has been approved with 91.86% of shareholders voting in favor. Mr. Gandotra will serve a three-year term from August 26, 2025, to August 25, 2028.

Mr. Gandotra brings a wealth of experience to the role, having served Jammu & Kashmir Bank for 35 years before retiring as Executive President (Operations) in August 2021. His extensive background includes:

• 12 years in Treasury Operations in Mumbai
• Expertise in Credit and Credit Risk Management
• Experience in Policy Planning and Credit Portfolio Management
• Leadership roles in various bank committees

Chairman's Remuneration

The second resolution, addressing the remuneration for the Non-Executive Part-Time Chairman of the bank, has received overwhelming support with 99.99% of shareholders voting in favor. The approved package includes:

It's worth noting that the Non-Executive Part-Time Chairman will not be eligible for the ₹10.00 lakh fixed remuneration paid to other Non-Executive Directors.

Voting Outcome

The postal ballot results demonstrate strong shareholder backing for the bank's governance decisions, with both proposals achieving the requisite majorities. These approved changes reflect Jammu & Kashmir Bank's commitment to strengthening its board composition and aligning its governance practices with industry standards.

The successful passage of these resolutions marks an important step in shaping the bank's future direction and leadership structure.

Jammu & Kashmir Bank has announced a board meeting scheduled for November 26, 2025, to discuss and consider various capital raising options. This move is part of the bank's strategic financial planning and could have important implications for its future growth and stability.

Key Points of the Announcement

• Meeting Date: November 26, 2025
• Primary Agenda: Exploring capital raising strategies
• Capital Types Under Consideration: Tier I and Tier II capital

Purpose and Implications

The scheduled board meeting is set to deliberate on raising capital, which could potentially strengthen the bank's financial position. This move may impact the bank's:

1. Financial Stability: Enhancing the capital base could improve the ability to withstand economic shocks.
2. Growth Opportunities: Additional capital could fuel expansion plans or new initiatives.
3. Regulatory Compliance: Strengthening capital ratios may help in meeting regulatory requirements.

Regulatory Compliance

Jammu & Kashmir Bank has made this announcement in compliance with SEBI regulations, specifically:

• Regulation 29(1)(d)
• Regulation 50(1)(d)
• Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This adherence to regulatory standards underscores the bank's commitment to transparency in its corporate actions.

Market Implications

While the specific details of the capital raising plans are yet to be disclosed, this announcement could potentially influence investor sentiment and the bank's stock performance. Stakeholders and market analysts will likely be watching the outcomes of this meeting for insights into the bank's financial strategies and future outlook.

As the banking sector continues to evolve in response to economic challenges and opportunities, Jammu & Kashmir Bank's proactive approach to capital management could be seen as a strategic move to position itself for future growth and stability in the competitive banking landscape.

Investors and stakeholders are advised to stay tuned for further updates following the November 26 board meeting, which may provide more concrete details on the bank's capital raising plans and their potential impact on the institution's financial trajectory.