Please find enclosed intimation regarding incorporation of a wholly owned step-down subsidiary of the Company

October 12, 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 “JM Financial (Middle East) Limited” has been incorporated today i.e., October 12, 2026, in Abu Dhabi Global Market, as a wholly owned subsidiary of JM Financial Overseas Holdings Private Limited and a wholly owned step-down subsidiary of the Company. The requisite details pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026, is 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 above 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 (Middle East) Limited, has brief such as size, turnover, etc. been incorporated today i.e. October 12, 2026, in Abu Dhabi Global Market, as a wholly owned step-down subsidiary of the Company. Turnover, Size: Not applicable since it is a newly incorporated entity. 2. Whether the acquisition would fall Not Applicable, considering the intimation within related party transaction(s)? is relating to the incorporation of a wholly owned step-down subsidiary of the Company. Whether the promoter/promoter No group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. 3. Industry to which the entity being Financial Services acquired belongs 4. Objects and impact of acquisition JM Financial (Middle East) Limited, has (including but not limited to, been incorporated as a wholly owned disclosure of reasons for acquisition step-down subsidiary of the Company to of target entity, if its business is carry out activities relating to arranging outside the main line of business of deals in investments, arranging custody, the listed entity) arranging credit, advising on investments or credit and managing assets. 5. Brief details of any governmental or ADGM Registration Authority and any regulatory approvals required for the other approvals, as may be required acquisition 6. Indicative time period for completion Not Applicable of the acquisition 7. Consideration - whether cash Not Applicable consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price Not Applicable at which the shares are acquired 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 9. Percentage of shareholding / control 100% share capital will be held by acquired and / or number of shares JM Financial Overseas Holdings Private acquired Limited, a wholly owned subsidiary of the Company. 10. Brief background about the entity Date of Incorporation: October 12, 2026 acquired in terms of products / line of business acquired, date of Line of business: Refer point no. 4 above incorporation, history of last 3 years turnover, country in which the History of last 3 years turnover: Not acquired entity has presence and any Applicable as it is a newly incorporated other significant information (in entity. brief) Country in which the acquired entity has presence: Abu Dhabi, United Arab Emirates 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