INTEGRATED FILING — NBFC



General information about company

Scrip code 523405
NSE Symbol JMFINANCIL
MSEI Symbol NOTLISTED
ISIN INE780C01023
Name of company JM Financial Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 12-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Investment banking Private Wealth Portfolio Management Services and alternate asset management
Start date and time of board meeting 12-May-2025   02:30:00
End date and time of board meeting 12-May-2025   17:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-01-28
Indicate Company website link for updated RPT policy of the Company www.jmfl.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default during the quarter


Financial Results — NBFC
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations
(i) Interest Income 178500000 472900000
(ii) Dividend Income 0 0
(iii) Rental Income 0 0
(iv) Fees and commission Income 1698100000 5751400000
(v) Net gain on fair value changes 642300000 2147700000
(vi) Net gain on derecognition of financial instruments under amortised cost category 0 0
(vii) Sale of products (including Excise Duty) 0 0
(viii) Sale of services 0 0
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 2518900000 8372000000
Other income 46100000 2000700000
Total income 2565000000 10372700000
2 Expenses
Cost of materials consumed 0 0
Purchases of stock-in-trade 0 0
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
Employee benefit expense 687500000 2571700000
Finance costs 17200000 70100000
Depreciation, depletion and amortisation expense 44000000 166000000
Fees and commission expense 140800000 1567100000
Net loss on fair value changes 0 0
Net loss on derecognition of financial instruments under amortised cost category 0 0
Impairment on financial instruments -12700000 -1400000
(f) Other expenses
1 Other expenses 167400000 508200000
Total other expenses 167400000 508200000
Total expenses 1044200000 4881700000
3 Total profit before exceptional items and tax 1520800000 5491000000
4 Exceptional items 0 0
5 Total profit before tax 1520800000 5491000000
7 Tax expense
8 Current tax 140000000 511000000
9 Deferred tax 35300000 -407400000
10 Total tax expenses 175300000 103600000
11 Net Profit Loss for the period from continuing operations 1345500000 5387400000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
17 Net profit (loss) from discontinued operation after tax 0 0
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
15 Total profit (loss) for period 1345500000 5387400000
16 Other comprehensive income net of taxes 800000 -12800000
17 Total Comprehensive Income for the period 1346300000 5374600000
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20 Details of equity share capital
Paid-up equity share capital 955800000 955800000
Face value of equity share capital 1 1
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 1.41 5.64
Diluted earnings per share from continuing operations 1.41 5.63
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 1.41 5.64
Diluted earnings per share 1.41 5.63
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results


Remarks
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 5491000000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 69400000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -389400000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 68900000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 43100000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -33800000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 664600000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 166000000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 4300000
Adjustments for provisions, current 17500000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 317500000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 1906700000
Adjustments for interest income 473000000
Adjustments for share-based payments 42700000
Adjustments for fair value losses (gains) -2147700000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -6000000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -3562600000
Net cash flows from (used in) operations 1928400000
Dividends received 0
Interest paid 0
Interest received 472600000
Income taxes paid (refund) 786000000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 1615000000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 63320600000
Other cash payments to acquire equity or debt instruments of other entities 64204200000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 45800000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 1906700000
Interest received 400000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -142000000
Net cash flows from (used in) investing activities 835700000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 1400000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 195700000
Dividends paid 1911200000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -2105500000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 345200000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 345200000
Cash and cash equivalents cash flow statement at beginning of period 410700000
Cash and cash equivalents cash flow statement at end of period 755900000




Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Finanical Asset
Cash and cash equivalents 755900000
Bank Balance other than (a) above 32300000
Derivative financial instruments 0
Receivables
(I) Trade Receivables 1096900000
(II) Other Receivables 0
Loans 4492200000
Investments 39616500000
Other Financial assets 543500000
Total Financial Assets 46537300000
2 Non Financial Asset
Inventories 0
Current tax assets (Net) 1737600000
Deferred tax Assets (Net) 0
Investment Property 0
Biological assets other than bearer plants 0
Property, Plant and Equipment 464800000
Capital work-in-progress 0
Intangible assets under development 0
Goodwill 0
Other Intangible assets 9200000
Other non-financial assets (to be specified) 29200000
Total Non Financial Assets 2240800000
Total assets 48778100000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 955800000
Other equity 43658700000
Total equity attributable to owners of parent 44614500000
Non controlling interest
Total equity 44614500000
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 0
(b) Payables
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 8800000
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 142700000
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 0
(C ) Debt Securities 0
(d) Borrowings (Other than Debt Securities) 534800000
(e) Deposits 0
(f) Subordinated Liabilities 0
(g) Other financial liabilities 1358800000
Total Financial Liabilities 2045100000
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 0
(b) Provisions 116100000
(C ) Deferred tax liabilities (Net) 1028100000
(d) Other non-financial liabilities 974300000
Total Non Financial Liabilities 2118500000
Total liabilities 4163600000
Total equity and liabilites 48778100000
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined benefit obligations 1100000 -17100000
Total Amount of items that will not be reclassified to profit and loss 1100000 -17100000
2 Income tax relating to items that will not be reclassified to profit or loss 300000 -4300000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 800000 -12800000




Details of Impact of Audit Qualification
Whether results are audited or unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth


Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising QIP
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 12-Jun-2020
Amount Raised 7700000000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation false
Comments of the Audit Committee after review false
Comments of the auditors, if any Not required since not applicable
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any


Signatory Details
Name of signatory Hemant Pandya
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 12-May-2025




Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 JM Financial Limited JM Financial Products Limited Subsidiary Any other transaction Expenses recovered 7500000000 Not Applicable 100000 0 0
2 JM Financial Limited JM Financial Products Limited Subsidiary Any other transaction ESOP cost 7500000000 Not Applicable 1700000 0 0
3 JM Financial Limited JM Financial Products Limited Subsidiary Any other transaction Employee related cost transferred 7500000000 Not Applicable 4900000 0 0
4 JM Financial Limited JM Financial Products Limited Subsidiary Any other transaction Receivables 0 Not Applicable 0 1600000 0
5 JM Financial Limited JM Financial Credit Solutions Limited Subsidiary Sale of goods or services 5000000000 Not Applicable 9900000 0 0
6 JM Financial Limited JM Financial Credit Solutions Limited Subsidiary Sale of goods or services 5000000000 Not Applicable 300000 0 0
7 JM Financial Limited JM Financial Credit Solutions Limited Subsidiary Any other transaction Expenses recovered 5000000000 Not Applicable 800000 0 0
8 JM Financial Limited JM Financial Credit Solutions Limited Subsidiary Any other transaction Expenses reimbursed 5000000000 Not Applicable 3300000 0 0
9 JM Financial Limited JM Financial Credit Solutions Limited Subsidiary Any other transaction Sale of Shares of JMFARC held by the Company 8564000000 Not Applicable 8564000000 0 0
10 JM Financial Limited JM Financial Asset Reconstruction Company Limited Subsidiary Sale of goods or services 7500000000 Not Applicable 27500000 0 0
11 JM Financial Limited JM Financial Asset Reconstruction Company Limited Subsidiary Sale of goods or services 7500000000 Not Applicable 20700000 14100000 23600000
12 JM Financial Limited JM Financial Asset Reconstruction Company Limited Subsidiary Any other transaction Expenses recovered 7500000000 Not Applicable 100000 0 0
13 JM Financial Limited JM Financial Asset Reconstruction Company Limited Subsidiary Any other transaction ESOP cost 7500000000 Not Applicable 400000 0 0
14 JM Financial Limited JM Financial Asset Reconstruction Company Limited Subsidiary Inter-corporate deposit 7500000000 Not Applicable 2180000000 0 0 Inter-corporate deposit 0.1 91 Unsecured Business Purpose
15 JM Financial Limited JM Financial Asset Reconstruction Company Limited Subsidiary Inter-corporate deposit 7500000000 Not Applicable 370000000 0 0 Inter-corporate deposit 0.1 91 Unsecured Business Purpose
16 JM Financial Limited JM Financial Asset Reconstruction Company Limited Subsidiary Interest received 0 Not Applicable 56400000 0 0
17 JM Financial Limited JM Financial Home Loans Limited Subsidiary Any other transaction Expenses recovered 1500000 Not Applicable 0 0 0
18 JM Financial Limited JM Financial Home Loans Limited Subsidiary Any other transaction Expenses reimbursed 30000000 Not Applicable 14400000 0 0
19 JM Financial Limited JM Financial Asset Management Limited Subsidiary Any other transaction ESOP cost 20000000 Not Applicable 1000000 0 0
20 JM Financial Limited JM Financial Asset Management Limited Subsidiary Inter-corporate deposit 1000000000 Not Applicable 100000000 400000000 0 Inter-corporate deposit 0.099 89 Unsecured Business Purpose
21 JM Financial Limited JM Financial Asset Management Limited Subsidiary Interest received 0 Not Applicable 21800000 0 0
22 JM Financial Limited JM Financial Asset Management Limited Subsidiary Sale of goods or services 60000000 Not Applicable 38700000 0 0
23 JM Financial Limited J.M. Financial and Investment Consultancy Services Private Limited Private Company in which director is a director and member Purchase of goods or services 25000000 Not Applicable 12500000 0 0
24 JM Financial Limited J.M. Financial and Investment Consultancy Services Private Limited Private Company in which director is a director and member Purchase of goods or services 20000000 Not Applicable 7000000 0 0
25 JM Financial Limited J.M. Financial and Investment Consultancy Services Private Limited Private Company in which director is a director and member Any other transaction Expenses reimbursed 4000000 Not Applicable 600000 0 0
26 JM Financial Limited J.M. Financial and Investment Consultancy Services Private Limited Private Company in which director is a director and member Any other transaction Expenses recovered 500000 Not Applicable 0 0 0
27 JM Financial Limited J.M. Financial and Investment Consultancy Services Private Limited Private Company in which director is a director and member Any other transaction Outstanding Property deposit 0 Not Applicable 0 7600000 7600000
28 JM Financial Limited Capital Market Publishers India Pvt Ltd Private Company in which director is a director and member Sale of goods or services 400000 Not Applicable 300000 0 0
29 JM Financial Limited Prashant Choksi Director of Subsidiary Purchase of goods or services 15000000 Not Applicable 7500000 0 0
30 JM Financial Limited Vijay Kelkar Director of Subsidiary Purchase of goods or services 10000000 Not Applicable 1100000 0 0
31 JM Financial Limited P Krishnamurthy Director of Associate Purchase of goods or services 10000000 Not Applicable 1700000 0 0
32 JM Financial Limited Mekhala Krishnamurthy Relatives of Director of Associate Purchase of goods or services 10000000 Not Applicable 200000 0 0
33 JM Financial Limited Pradeep Ratnam Relatives of Director of Associate Purchase of goods or services 10000000 Not Applicable 300000 0 0
34 JM Financial Limited INH MAURITIUS 1 Related party of a subsidiary Any other transaction Acquisition of Equity shares of JMFCSL, subsidiary of Company 14600000000 Not Applicable 12819500000 0 0 Investment 0 0 Unsecured Business Purpose
35 JM Financial Limited INH MAURITIUS 1 Related party of a subsidiary Any other transaction Acquisition of Equity shares of JMFCSL, subsidiary of Company 14600000000 Not Applicable 1780500000 0 0 Investment 0 0 Unsecured Business Purpose
36 JM Financial Limited Aparna Aiyar Family Trust Related party of a subsidiary Any other transaction Acquisition of Equity shares of JMFCSL, subsidiary of Company 410900000 Not Applicable 410900000 0 0 Investment 0 0 Unsecured Business Purpose
37 JM Financial Limited Mr. Vishal Kampani Key Managerial Personnel of the Company and member of Promoter Group Remuneration 27200000 Based on recommendation of Nomination and Remuneration Committee, the Audit Committee, Board of Directors and Shareholders of the Company have approved the remuneration of Mr. Vishal Kampani. 27200000 0 0
38 JM Financial Services Limited Mr. Vishal Kampani Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company, is not exceeding the thresholds specified under Regulation 23(2) of SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
39 JM Financial Services Limited Mr. DimpleKumar Shah Key Managerial Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company, is not exceeding the thresholds specified under Regulation 23(2) of SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
40 JM Financial Services Limited Mr. DimpleKumar Shah Key Managerial Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
41 JM Financial Services Limited Mr. Amit Agrawal Key Managerial Personnel Any other transaction Payables 0 Not Applicable 0 0 0
42 JM Financial Services Limited Mr. Nirav Gandhi Key Managerial Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
43 JM Financial Services Limited Mr. Nirav Gandhi Key Managerial Personnel Interest received 0 Not Applicable 100000 0 0
44 JM Financial Services Limited Mr. Nirav Gandhi Key Managerial Personnel Any other transaction Receivables 0 Not Applicable 0 2700000 2100000
45 JM Financial Services Limited Mr. Hemant Pandya Key Managerial Personnel of the holding company Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
46 JM Financial Services Limited Mr. Nimesh Kampani Non Executive Chairman of the holding company Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
47 JM Financial Services Limited Mr. Nimesh Kampani Non Executive Chairman of the holding company Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
48 JM Financial Services Limited Ms. Dipti Neelakantan Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
49 JM Financial Services Limited Ms. Dipti Neelakantan Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
50 JM Financial Services Limited Ms. Dipti Neelakantan Director Any other transaction Payables 0 Not Applicable 0 0 0
51 JM Financial Services Limited Mr. H M Kotak Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
52 JM Financial Services Limited Mr. H M Kotak Director Any other transaction Payables 0 Not Applicable 0 0 0
53 JM Financial Services Limited Mr. Nishit Shah Key Management Personnel of the holding company Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
54 JM Financial Services Limited Mr. Nishit Shah Key Management Personnel of the holding company Any other transaction Payables 0 Not Applicable 0 0 0
55 JM Financial Services Limited Anuja Mukul Trivedi Relatives of Key Management Personnel of holding Company Any other transaction Payables 0 Not Applicable 0 -1000000 0
56 JM Financial Services Limited Ms. Aruna N Kampani Close Members of the Family (Relatives) of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 300000 0 0
57 JM Financial Services Limited Ms. Amishi Gambhir Close Members of the Family (Relatives) of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
58 JM Financial Services Limited Mr Shiv Kampani Close Members of the Family (Relatives) of Director Any other transaction Payables 0 Not Applicable 0 0 0
59 JM Financial Services Limited Mr. DimpleKumar Shah HUF Relatives of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
60 JM Financial Services Limited Mr. DimpleKumar Shah HUF Relatives of Key Management Personnel Any other transaction Payables 0 Not Applicable 0 300000 0
61 JM Financial Services Limited Ms. Devikaben Navinchandra Shah Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
62 JM Financial Services Limited Ms. Devikaben Navinchandra Shah Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
63 JM Financial Services Limited Ms. Devikaben Navinchandra Shah Close Members of the Family (Relatives) of Key Management Personnel Any other transaction Payables 0 Not Applicable 0 0 0
64 JM Financial Services Limited Mr. Jigar Navinchandra Shah Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
65 JM Financial Services Limited Mr. Jigar Navinchandra Shah Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
66 JM Financial Services Limited Mr. Jigar Navinchandra Shah Close Members of the Family (Relatives) of Key Management Personnel Any other transaction Payables 0 Not Applicable 0 0 0
67 JM Financial Services Limited Ms. Ishita Amit Pothiwala Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
68 JM Financial Services Limited Ms. Ishita Amit Pothiwala Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
69 JM Financial Services Limited Ms. Ishita Amit Pothiwala Close Members of the Family (Relatives) of Key Management Personnel Any other transaction Receivables 0 Not Applicable 0 0 0
70 JM Financial Services Limited Mrs. Purvi DimpleKumar Shah Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
71 JM Financial Services Limited Ms. Maanya DimpleKumar Shah Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
72 JM Financial Services Limited Ms. Maanya DimpleKumar Shah Close Members of the Family (Relatives) of Key Management Personnel Any other transaction Payables 0 Not Applicable 0 0 0
73 JM Financial Services Limited Ms. Priyanka Agrawal Close Members of the Family (Relatives) of Key Management Personnel Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
74 JM Financial Services Limited Ms. Priyanka Agrawal Close Members of the Family (Relatives) of Key Management Personnel Any other transaction Payables 0 Not Applicable 0 0 0
75 JM Financial Services Limited Mrs. Devanshi Gandhi Close Members of the Family (Relatives) of Key Management Personnel Any other transaction Payables 0 Not Applicable 0 0 0
76 JM Financial Services Limited J.M. Financial and Investment Consultancy Services Private Limited Private Company in which director is a director and member Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 1800000 0 0
77 JM Financial Services Limited J.M. Assets Management Private Limited Private Company in which director is a director and member Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 500000 0 0
78 JM Financial Services Limited JSB Securities Limited Enterprise over which close member of family of director are able to exercise significant influence Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 900000 0 0
79 JM Financial Services Limited JSB Securities Limited Enterprise over which close member of family of director are able to exercise significant influence Any other transaction Payables 0 Not Applicable 0 0 0
80 JM Financial Services Limited SNK Investments Private Limited (Formerly known as Persepolis Investment Company Private Limited) Enterprise over which close member of family of director are able to exercise significant influence Purchase of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 300000 0 0
81 JM Financial Services Limited SNK Investments Private Limited (Formerly known as Persepolis Investment Company Private Limited) Enterprise over which close member of family of director are able to exercise significant influence Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 700000 0 0
82 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Loan 5000000000 The amount mentioned in the column Value of transaction during the reporting period represents aggregate of all the transactions entered during the reporting period. The maximum value of transactions at any point of time did not exceed the limit approved by the Audit Committee. 6640000000 -1450000000 0
83 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Interest paid 0 Not Applicable 29300000 -6500000 0
84 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Any other transaction Expenses recovered 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 300000 0 0
85 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
86 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 10600000 0 0
87 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Any other transaction Employee related cost transferred 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 700000 0 0
88 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Any other transaction Employee related cost received 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 5000000 0 0
89 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
90 JM Financial Services Limited JM Financial Products Limited Fellow Subsidiaries Any other transaction Payables 0 Not Applicable 0 0 -27200000
91 JM Financial Services Limited JM Financial Commtrade Limited Subsidiary Any other transaction Expenses recovered 0 The transaction is between two wholly owned subsidiaries of the Company. Hence, approval of the Audit committee of the Company is not required as per SEBI Listing Regulations. 500000 0 0
92 JM Financial Services Limited JM Financial Commtrade Limited Subsidiary Loan 0 The transaction is between two wholly owned subsidiaries of the Company. Hence, approval of the Audit committee of the Company is not required as per SEBI Listing Regulations. 472500000 0 0
93 JM Financial Services Limited JM Financial Commtrade Limited Subsidiary Interest paid 0 Not Applicable 9400000 0 0
94 JM Financial Services Limited Astute Investments Subsidiary Any other transaction Expenses recovered 0 The transaction is between two wholly owned subsidiaries of the Company. Hence, approval of the Audit committee of the Company is not required as per SEBI Listing Regulations. 600000 0 0
95 JM Financial Services Limited Astute Investments Subsidiary Any other transaction Share of Profit 0 The transaction is between two wholly owned subsidiaries of the Company. Hence, approval of the Audit committee of the Company is not required as per SEBI Listing Regulations. 27200000 0 0
96 JM Financial Services Limited Astute Investments Subsidiary Any other transaction Receivables - capital account 0 Not Applicable 0 9000000 9000000
97 JM Financial Services Limited Astute Investments Subsidiary Any other transaction Receivables - Current Account 0 Not Applicable 0 6000000 2600000
98 JM Financial Services Limited Infinite India Investment Management Limited Fellow Subsidiaries Any other transaction Payables 0 Not Applicable 0 0 0
99 JM Financial Services Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Loan 10000000000 The amount mentioned in the column Value of transaction during the reporting period represents aggregate of all the transactions entered during the reporting period. The maximum value of transactions at any point of time did not exceed the limit approved by the Audit Committee. 12250000000 -6000000000 0
100 JM Financial Services Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Any other transaction Demat charges 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
101 JM Financial Services Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Any other transaction Secondary Brokerage 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 100000 0 0
102 JM Financial Services Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Interest paid 0 Not Applicable 144900000 -95000000 0
103 JM Financial Services Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Any other transaction Purchase of Fixed Assets 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
104 JM Financial Services Limited JM Financial Asset Reconstruction Company Limited Fellow Subsidiaries Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 400000 0 0
105 JM Financial Services Limited JM Financial Asset Reconstruction Company Limited Fellow Subsidiaries Any other transaction Payables 0 Not Applicable 0 0 0
106 JM Financial Services Limited JM Financial Properties and Holdings Limited Fellow Subsidiaries Any other transaction Expenses reimbursed 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 10100000 0 0
107 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Expenses recovered 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 2900000 0 0
108 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Secondary Brokerage 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 3100000 0 0
109 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Demat charges 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 0 0 0
110 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Share of Profit 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 66800000 0 0
111 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Receivables - Current Account 0 Not Applicable 0 35100000 56200000
112 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Receivables - capital account 0 Not Applicable 0 9000000 9000000
113 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Payables 0 Not Applicable 0 0 -274700000
114 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Margin deposit received 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 8547400000 -6040000000 -7826000000
115 JM Financial Services Limited ARB Maestro Subsidiary Any other transaction Margin deposit refunded 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 6761400000 0 0
116 JM Financial Services Limited ARB Maestro Subsidiary Interest paid 0 Not Applicable 218300000 142400000 0
117 JM Financial Properties and Holding Limited JM Financial Institutional Securities Limited Fellow Subsidiaries Sale of goods or services 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 36500000 0 0
118 JM Financial Properties and Holding Limited JM Financial Institutional Securities Limited Fellow Subsidiaries Any other transaction Expenses recovered 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 6500000 0 0
119 JM Financial Properties and Holding Limited JM Financial Institutional Securities Limited Fellow Subsidiaries Any other transaction Property deposit taken 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 17500000 0 0
120 JM Financial Properties and Holding Limited JM Financial Institutional Securities Limited Fellow Subsidiaries Any other transaction Outstanding Property deposit 0 The transaction is between two wholly owned subsidiaries of the Company. Hence Audit committee approval of the Company is not required as per SEBI Listing Regulations. 0 -50500000 -68000000
121 JM Financial Properties and Holding Limited JM Financial Products Limited Fellow Subsidiaries Sale of goods or services 75000000 Not Applicable 31200000 0 0
122 JM Financial Properties and Holding Limited JM Financial Products Limited Fellow Subsidiaries Any other transaction Expenses recovered 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 6900000 0 0
123 JM Financial Properties and Holding Limited JM Financial Products Limited Fellow Subsidiaries Any other transaction Outstanding Property deposit 0 Not Applicable 0 -48200000 -48200000
124 JM Financial Properties and Holding Limited JM Financial Products Limited Fellow Subsidiaries Loan 7500000000 Not Applicable 1790000000 0 0
125 JM Financial Properties and Holding Limited JM Financial Products Limited Fellow Subsidiaries Interest paid 0 Not Applicable 15000000 0 0
126 JM Financial Properties and Holding Limited Infinite India Investment Management Limited Fellow Subsidiaries Sale of goods or services 0 The transaction is between two wholly owned subsidiaries of the Company. Hence approval of Audit committee of the Company is not required as per SEBI Listing Regulations. 1000000 0 0
127 JM Financial Properties and Holding Limited Infinite India Investment Management Limited Fellow Subsidiaries Any other transaction Expenses recovered 0 The transaction is between two wholly owned subsidiaries of the Company. Hence approval of Audit committee of the Company is not required as per SEBI Listing Regulations. 200000 0 0
128 JM Financial Properties and Holding Limited Infinite India Investment Management Limited Fellow Subsidiaries Any other transaction Outstanding Property deposit 0 The transaction is between two wholly owned subsidiaries of the Company. Hence approval of Audit committee of the Company is not required as per SEBI Listing Regulations. 0 -1600000 -1600000
129 JM Financial Properties and Holding Limited JM Financial Services Limited Fellow Subsidiaries Sale of goods or services 0 The transaction is between two wholly owned subsidiaries of the Company. Hence approval of Audit committee of the Company is not required as per SEBI Listing Regulations. 49300000 0 0
130 JM Financial Properties and Holding Limited JM Financial Services Limited Fellow Subsidiaries Any other transaction Outstanding Property deposit 0 The transaction is between two wholly owned subsidiaries of the Company. Hence approval of Audit committee of the Company is not required as per SEBI Listing Regulations. 0 -76000000 -76000000
131 JM Financial Properties and Holding Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 6000000 0 0
132 JM Financial Properties and Holding Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Any other transaction Expenses recovered 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 1100000 0 0
133 JM Financial Properties and Holding Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Any other transaction Outstanding Property deposit 0 Not Applicable 0 -9200000 -9200000
134 JM Financial Properties and Holding Limited JM Financial Asset Reconstruction Company Limited Fellow Subsidiaries Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 10500000 0 0
135 JM Financial Properties and Holding Limited JM Financial Asset Reconstruction Company Limited Fellow Subsidiaries Any other transaction Expenses recovered 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 2600000 0 0
136 JM Financial Properties and Holding Limited JM Financial Asset Reconstruction Company Limited Fellow Subsidiaries Any other transaction Refund of Property Deposit 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 17500000 0 0
137 JM Financial Properties and Holding Limited JM Financial Asset Reconstruction Company Limited Fellow Subsidiaries Any other transaction Outstanding Property deposit 0 Not Applicable 0 -22100000 -4600000
138 JM Financial Properties and Holding Limited Astute Investments Members of the same Group Interest received 0 Not Applicable 1200000 100000 0
139 JM Financial Properties and Holding Limited Astute Investments Members of the same Group Any other transaction Share of profit 0 The transaction is between two wholly owned subsidiaries of the Company. Hence, approval of Audit committee of the Company is not required as per SEBI Listing Regulations. 3000000 0 0
140 JM Financial Properties and Holding Limited Astute Investments Members of the same Group Advance 0 The transaction is between two wholly owned subsidiaries of the Company. Hence, approval of Audit committee of the Company is not required as per SEBI Listing Regulations. 0 22900000 22900000
141 JM Financial Properties and Holding Limited Astute Investments Members of the same Group Any other transaction Receivables - capital account 0 Not Applicable 0 1000000 1000000
142 JM Financial Properties and Holding Limited Astute Investments Members of the same Group Any other transaction Receivables - Current Account 0 Not Applicable 0 700000 300000
143 JM Financial Properties and Holding Limited Arb Maestro Members of the same Group Any other transaction Share of profit 0 The transaction is between two wholly owned subsidiaries of the Company. Hence, approval of Audit committee of the Company is not required as per SEBI Listing Regulations. 7400000 0 0
144 JM Financial Properties and Holding Limited Arb Maestro Members of the same Group Any other transaction Receivables - capital account 0 Not Applicable 0 1000000 1000000
145 JM Financial Properties and Holding Limited Arb Maestro Members of the same Group Any other transaction Receivables - Current Account 0 Not Applicable 0 3900000 6200000
146 JM Financial Properties and Holding Limited Ms. Madhu Kampani Close Members of the Family (Relatives) of Director of the holding company Purchase of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 600000 0 0
147 JM Financial Institutional Securities Limited J.M. Financial and Investment Consultancy Services Private Limited Enterprise over which close member of family of Director are able to exercise significant influence Any other transaction Expenses reimbursed 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 100000 0 0
148 JM Financial Institutional Securities Limited J.M. Financial and Investment Consultancy Services Private Limited Enterprise over which close member of family of Director are able to exercise significant influence Any other transaction Outstanding Property deposit 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 1200000 1200000
149 JM Financial Institutional Securities Limited J.M. Financial and Investment Consultancy Services Private Limited Enterprise over which close member of family of Director are able to exercise significant influence Purchase of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 1200000 0 0
150 JM Financial Institutional Securities Limited JM Financial Securities, Inc Fellow Subsidiaries Purchase of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 65500000 24900000 35200000
151 JM Financial Institutional Securities Limited JM Financial Securities, Inc Fellow Subsidiaries Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 3200000 1200000 1000000
152 JM Financial Institutional Securities Limited JM Financial Singapore Pte Ltd Fellow Subsidiaries Purchase of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 38900000 12000000 28000000
153 JM Financial Institutional Securities Limited JM Financial Products Limited Fellow Subsidiaries Loan 5000000000 Not Applicable 3410000000 0 0
154 JM Financial Institutional Securities Limited JM Financial Products Limited Fellow Subsidiaries Interest paid 0 Not Applicable 2400000 0 0
155 JM Financial Institutional Securities Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Loan 10000000000 Not Applicable 500000000 0 -500000000
156 JM Financial Institutional Securities Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Interest paid 0 Not Applicable 500000 0 0
157 JM Financial Asset Management Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Any other transaction Employee related cost received 10000000 Not Applicable 3000000 0 0
158 JM Financial Asset Management Limited JM Financial Credit Solutions Limited Fellow Subsidiaries Any other transaction Sale of NCDs 250000000 Not Applicable 249100000 0 0
159 JM Financial Asset Management Limited JM Financial Products Limited Fellow Subsidiaries Investment 0 Not Applicable 0 250000000 0
160 JM Financial Asset Management Limited JM Financial Products Limited Fellow Subsidiaries Interest received 0 Not Applicable 20500000 0 0
161 CR Retail Malls (India) Limited JM Financial Products Limited Fellow Subsidiaries Any other transaction Inter-Corporate Borrowings 5000000000 Not Applicable 690000000 -910000000 0
162 CR Retail Malls (India) Limited JM Financial Products Limited Fellow Subsidiaries Interest paid 0 Not Applicable 17600000 -17500000 0
163 CR Retail Malls (India) Limited JM Financial Products Limited Fellow Subsidiaries Any other transaction Employee related cost received 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 600000 0 0
164 Astute Investments JM Financial Credit Solutions Limited Members of the same Group Any other transaction Securities held for trading 0 Not Applicable 0 5300000 5300000
165 Astute Investments JM Financial Credit Solutions Limited Members of the same Group Interest received 0 Not Applicable 200000 0 0
166 Astute Investments JM Financial Products Limited Members of the same Group Interest received 0 Not Applicable 2700000 0 0
167 Astute Investments JM Financial Products Limited Members of the same Group Any other transaction Securities held for trading 0 Not Applicable 0 25300000 22400000
168 Astute Investments JM Financial Products Limited Members of the same Group Purchase of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 100000 0 0
169 ARB Maestro JM Financial Products Limited Members of the same Group Purchase of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 300000 0 0
170 ARB Maestro JM Financial Products Limited Members of the same Group Interest paid 0 Not Applicable 166700000 -126600000 0
171 ARB Maestro JM Financial Products Limited Members of the same Group Any other transaction Inter-Corporate Borrowings 5000000000 Not Applicable 3520000000 -3800000000 -3500000000
172 ARB Maestro JM Financial Credit Solutions Limited Members of the same Group Interest paid 0 Not Applicable 4600000 0 0
173 ARB Maestro JM Financial Credit Solutions Limited Members of the same Group Any other transaction Inter-Corporate Borrowings 10000000000 Not Applicable 3500000000 0 -3500000000
174 JM Financial Services Limited Mr. Kshitij Neelakantan Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
175 JM Financial Services Limited Mr. Vatsal Neelakantan Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
176 JM Financial Services Limited Mr. Kshitij Neelakantan Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
177 JM Financial Services Limited Mr. Vatsal Neelakantan Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
178 JM Financial Services Limited Mr. Kshitij Neelakantan Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 -300000 0
179 JM Financial Services Limited Mr. Vatsal Neelakantan Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 -300000 0
180 JM Financial Services Limited Ms. Nilima Tanil Kilachand Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
181 JM Financial Limited Mr. P S Jayakumar Director of the Company Purchase of goods or services 1600000 Not Applicable 1600000 0 0
182 JM Financial Services Limited Ms. Nidhi Negandhi Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0
183 JM Financial Services Limited Ms. Nidhi Negandhi Relative of Director Sale of goods or services 0 The transaction entered into by the unlisted subsidiary of the Company is not exceeding the threshold specified under Regulation 23(2) of the SEBI Listing Regulations. Hence, approval of the Audit Committee of the Company is not required. 0 0 0 Textual Information(1)
Total value of transaction during the reporting period 75894200000



Text Block
Textual Information(1) 1. Transactions between JM Financial Limited and its Wholly Owned Subsidiaries (WOS) are not included. 2. Related Party Transactions (RPT) of material subsidiaries viz. JM Financial Asset Reconstruction Company Limited, JM financial Credit Solutions Limited and JM Financial Products Limited, which are also the high value debt listed entities (HVDLE) are not included, as these entities have filed their respective disclosures on RPT with the Exchanges. Further, transactions of JM Financial Home Loans Limited and JM Financial Asset Reconstruction Company Limited are not also included, as they are forming part of disclosures on RPT of JM Financial Products Limited and JM Financial Credit Solutions Limited, respectively, filed with the Exchanges. 3. Related party transactions reported above are identified based on PAN of the related party available on record. 4. The value of transactions approved, in case of omnibus approval granted by the committee, were for the financial year 2024-25. Omnibus approvals have been considered only for related parties as per Companies Act, 2013. 5. Non-convertible debentures (NCDs) transactions include only primary issuances. Outstanding balances represent NCDs held by related parties as on reporting. 6. Amount in bracket denotes credit balance.


Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt