JM Financial Limited — Others, 18-07-2025: Shareholders meeting

JM Financial has announced its Fortieth Annual General Meeting. The company reported a strong financial performance for the year, with consolidated profit after tax doubling to ₹821 crore and consolidated gross income at ₹4,453 crore. The board has put forth a dividend distribution of ₹2.70 per equity share. Key strategic moves included increasing its stake in JM Financial Credit Solutions Limited to 97% for ₹1,501 crore and consolidating the distressed credit business. The company also saw its Asset Management AUM double to ₹13,419 crore and Wealth Management AUM surpass ₹1,00,000 crore. Additionally, financing restrictions on JM Financial Products were lifted.