JM Financial Limited — Important, 12-05-2025: General Updates

JM Financial has announced a board meeting on the investor presentation following its financial results. It raised its stake in JM Financial Credit Solutions from ~47% to ~97% by investing ~Rs. 1,500 crore. The company declared its highest-ever dividend of Rs. 2.7 per share, totaling ~Rs. 258 crore from operating profits. Focus areas include growth in private markets, affordable home loans, and bespoke loan syndication. Wholesale mortgage loans are being reduced while retail mortgage AUM grows steadily. Wealth AUM surpassed Rs. 1.09 lakh crore, driven by an expanding digital broking platform and wealth management team.