Outcome of Board Meeting

November 4, 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: Outcome of the Board Meeting - November 4, 2026 In continuation to our letters dated October 6, 2026 and October 30, 2026 and pursuant to Regulations 30 and 42 of the SEBI Listing Regulations, we wish to inform you that the Board of Directors of the Company (the “Board”), at its meeting held today i.e. November 4, 2026, has, inter alia: 1. Approved the Unaudited Standalone and Consolidated Financial Results of the Company for the second quarter and half year ended September 30, 2026 (the “Financial Results”). In this context, we are enclosing the following: a. Financial Results as reviewed by the Audit Committee and approved by the Board. The said Financial Results are also being uploaded on the website of the Company at https://www.jmfl.com/investor-relations/financial-results and can be accessed by scanning the QR Code. b. ‘Limited Review Report’, as received from our Statutory Auditors, KKC & Associates LLP, on the Standalone and Consolidated Financial Results, with an unmodified opinion. 2. Declared an interim dividend of ₹ 1.65 per equity share of face value of ₹ 1 each for the financial year 2026-27. The said interim dividend will be paid to those Members whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on the record date, viz., Wednesday, November 11, 2026. The payment of interim dividend shall be made on or after Friday, November 20, 2026, and within a period of 30 days from its declaration. The Board meeting commenced at 2:30 p.m. (IST) and concluded at 4.30 p.m. (IST). 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 kkc & associates lip Chartered Accountants (formerly Khimji Kunverji & Co LLP) Independent Auditor's Review Report on unaudited consolidated financial results for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 of JM Financial Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements} Regulations, 2015, as amended. The Board of Directors of JM Financial Limited Introduction 1. We have reviewed the accompanying statement of unaudited consolidated financial results of JM Financial Limited ('the Parent' or 'the Company') and its subsidiaries (the Parent and its subsidiaries together referred to as 'the Group') and its share of the net profit after tax and total comprehensive income of its associates for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ('the Statement'}, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations'). We have initialled the Statement for identification purpose only. 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard ('Ind AS'} 34 'Interim Financial Reporting' prescribed under section 133 of the Companies Act, 2013 ('the Act'), read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. Scope of Review 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 - 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India ('the ICAI'). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable. Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013, India T: +91 22 6143 7333 E: info@kkcllp.in W: www.kkcllp.in LLPIN: AAP-2267 Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400001, India kkc & associates Up Chartered Accountants (formerly Khimji Kunverji & Co LLP) 4. The Statement includes the result of the following entities: Sr. No Name of the entity Relationship 1 JM Financial Limited The Parent 2 JM Financial Institutional Securities Limited Subsidiary 3 JM Financial Services Limited Subsidiary 4 JM Financial Asset Management Limited Subsidiary 5 JM Financial Credit Solutions Limited Subsidiary 6 JM Financial Products Limited Subsidiary 7 JM Financial Asset Reconstruction Company Limited including its Subsidiary subsidiaries constituted as trusts together referred to as JM Financial Asset Reconstruction Company Limited Group 8 JM Financial Home Loans Limited Subsidiary 9 JM Financial Properties and Holdings Limited Subsidiary 10 JM Financial Commtrade Limited Subsidiary 11 CR Retail Malls (India) Limited Subsidiary 12 Infinite India Investment Management Limited Subsidiary 13 ARB Maestro (Association of Persons) Subsidiary 14 Astute Investments (Partnership Firm) Subsidiary 15 JM Financial Overseas Holdings Private Limited Subsidiary 16 JM Financial Singapore Pte. Ltd. Subsidiary 17 JM Financial Securities, Inc. Subsidiary 18 JM Financial Trustee Company Private limited Associate 19 CFMARC Trust 166 Associate 20 CFMARC Trust 167 Associate Conclusion 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying •• Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS specified under Section 133 of the Act as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matters 6. We did not review the financial results of 6 subsidiaries included in the Statement, whose financial results, reflect (before consolidation adjustments) total assets of Rs. 11,880.60 Crores as at 30 September 2026, reflect total revenues of Rs. 245.72 Crores and Rs. 786.47 Crores, total net profit after tax of Rs. 15.00 Crores and Rs. 272.51 Crores, total comprehensive income of Rs. 15.27 Crores and of Rs. 272.91 Crores, for the quarter ended 30 Septembe [Showing first 8,000 characters — download PDF for full document]