Jammu & Kashmir Bank Limited has announced the retirement of two General Managers from its senior management team. The bank disclosed this information to stock exchanges in compliance with regulatory requirements under SEBI listing obligations.

Management Personnel Details

The retiring officials are Mr. Anand Pal Singh and Mr. Shabir Ahmad Bhat, both serving as General Managers at the bank. Their retirement marks the end of their tenure in senior management positions at the financial institution.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank specifically referenced Point 7 of Paragraph A of Part A of Schedule III of these regulations in its communication to stock exchanges.

The formal notification was signed by Mohammad Shafi Mir, Company Secretary of Jammu & Kashmir Bank Limited, and sent to both major Indian stock exchanges where the bank's shares are listed.

Stock Exchange Communication

The bank communicated this development to:

• National Stock Exchange of India Limited (NSE) - Trading Symbol: J&KBANK
• The BSE Limited - Scrip Code: 532209

The retirement will take effect from the close of business hours on February 28, 2026, after which both officials will cease to hold their positions as Senior Management Personnel of the bank. This disclosure ensures transparency and keeps stakeholders informed about significant changes in the bank's senior management structure.

Jammu & Kashmir Bank Limited has issued a regulatory clarification following queries from major stock exchanges regarding unusual trading activity in its shares. The bank responded to concerns raised by both the National Stock Exchange of India Limited and The BSE Limited about increased trading volumes.

Exchange Queries and Response Timeline

The clarification came in response to emails received from the stock exchanges seeking explanations for the spurt in trading volume of the bank's equity shares. The queries were received on February 24, 2026 from NSE and February 25, 2026 from BSE respectively.

Regulatory Compliance Statement

The bank emphasized its commitment to regulatory compliance and transparency in its response. Jammu & Kashmir Bank stated that it has consistently disclosed all material information having bearing on its operations and performance to the stock exchanges. The bank confirmed adherence to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, ensuring all price-sensitive information is disclosed within stipulated timelines.

No Undisclosed Material Information

In its clarification, the bank explicitly confirmed that there is no unpublished price-sensitive information or any material event requiring disclosure under applicable regulations. The bank stated that no undisclosed information exists that may have contributed to the surge in trading volume of its securities.

Market-Driven Movement Attribution

The bank attributed the unusual trading activity to market forces beyond its control. According to the clarification, any movement in the price or volume of the bank's equity shares appears to be purely market-driven. The bank emphasized that it has no control over such market movements and trading patterns.

The response was signed by Mohammad Shafi Mir, Company Secretary, and submitted to both exchanges as part of the bank's regulatory disclosure obligations.