Please find attached intimation under Regulation 30 of SEBI Listing Regulations.

September 28, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza 1st Floor, New Trading Ring Plot No.C-1, G Block Rotunda Building, P J Towers Bandra-Kurla Complex Dalal Street, Fort, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Security Code: 523405 Symbol: JMFINANCIL Dear Sirs, Sub: Disclosure under Regulation 30 of the SEBI Listing Regulations Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations, we wish to inform you that the Company has received an intimation today from JM Financial Credit Solutions Limited (the “JMFCSL”), a wholly owned subsidiary of the Company that JM Financial Asset Reconstruction Company Limited (the “JMFARC”), a subsidiary of JMFCSL and a step down subsidiary of the Company, has allotted 16,25,85,928 equity shares of face value of ₹ 10/- each for an amount aggregating ₹ 162.59 crore on rights basis to JMFCSL. The details pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026, are enclosed hereto and marked as “Annexure A”. The said intimation is also being uploaded on the website of the Company at https://jmfl.com/investor-relation/announcements.html and can be accessed by scanning the QR Code provided. We request you to kindly take the aforesaid disclosure on your record and disseminate the same on your website, as you may deem appropriate. Thank you. Yours truly, For JM Financial Limited Hemant Pandya Company Secretary & Compliance Officer Encl.: as above JM Financial Limited Corporate Identity Number: L67120MH1986PLC038784 Regd. Office: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025. T: +91 22 6630 3030 F: +91 22 6630 3223 www.jmfl.com Annexure A Disclosure pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Sr. No. Particulars Details 1. Name of the target entity, details in JM Financial Asset Reconstruction brief such as size, turnover, etc. Company Limited (the “JMFARC”). JMFARC’s Assets Under Management (AUM) and turnover as of March 31, 2026, stood at ₹ 11,853 crore and ₹ 223.95 crore, respectively. 2. Whether the acquisition would fall Not applicable since shares issued on within related party transaction(s)? rights basis are uniformly offered to all the shareholders in proportion to their shareholding in terms of Regulation 2(1)(zc) of SEBI Listing Regulations. Whether the promoter/promoter JMFARC is a subsidiary of JM Financial group/ group companies have any Credit Solutions Limited (JMFCSL”), a interest in the entity being wholly owned subsidiary of the Company acquired? (material subsidiary). If yes, nature of interest and details As per Regulation 2(1)(zc) of SEBI thereof and whether the same is Listing Regulations, provisions relating to done at “arm’s length”. related party transactions are not applicable in respect of corporate actions, which are uniformly offered to all the shareholders in proportion to their shareholding, and therefore, the requirement of transaction being at arms’ length is not applicable. 3. Industry to which the entity being Financial Services Industry acquired belongs 4. Objects and impact of acquisition The objects of the rights issue by (including but not limited to, JMFARC are, inter alia, to meet its disclosure of reasons for working capital requirements, finance its acquisition of target entity, if its growth plans of the business and for its business is outside the main line of general corporate purposes. business of the listed entity) Post the investment in the aforesaid rights issue by JMFCSL, it’s holding in JMFARC has increased from 81.77% to 84.87%. JM Financial Limited Corporate Identity Number: L67120MH1986PLC038784 Regd. Office: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025. T: +91 22 6630 3030 F: +91 22 6630 3223 www.jmfl.com Sr. No. Particulars Details 5. Brief details of any governmental Not applicable or regulatory approvals required for the acquisition 6. Indicative time period for The equity shares have been allotted to completion of the acquisition JMFCSL on September 28, 2026. 7. Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price Pursuant to the rights offer made by at which the shares are acquired JMFARC, JMFCSL has subscribed to and has been allotted 16,25,85,928 equity shares of the face value of ₹ 10/- each for 9. Percentage of shareholding/control an amount aggregating ₹ 162.59 crore. acquired and/or number of shares acquired Post the investment in the aforesaid rights issue by JMFCSL, it’s holding in JMFARC has increased from 81.77% to 84.87%. 10. Brief background about the entity Brief Background: acquired in terms of products/line of business acquired, date of JMFARC is an asset reconstruction incorporation, history of last 3 company registered with the Reserve years turnover, country in which Bank of India under the provisions of the the acquired entity has presence SARFAESI Act, 2002. It is engaged, inter and any other significant alia, in the business of acquisition of information (in brief) stressed assets from the banks/financial institutions and implementing resolution strategies for such acquired assets. Date of Incorporation: September 19, 2007 Turnover: Financial Year (₹ in crore) 2025-26 223.95 2024-25 204.49 2023-24 358.37 JMFARC has presence in India. JM Financial Limited Corporate Identity Number: L67120MH1986PLC038784 Regd. Office: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025. T: +91 22 6630 3030 F: +91 22 6630 3223 www.jmfl.com