JM Financial Ltd.

The Company was incorporated as a private limited company on 30th
 January 1986 in the name of J M Share & Stock Brokers Pvt. Ltd.  The
 Company has been promoted by JMFICS to engage directly or indirectly
 in the business of share and stock broking, finance broking,
 underwriting of securities including shares, debentures, etc. The
 present issued, Equity Share JMFICS and, therefore, by virtue of
 Section 4 of the Act, the Company is a subsidiary of JMFICS. On
 JMFICS becoming a deemed public limited company by virtue of the
 Companies (Amendment) Act, 1988 read with the Companies Act, 1956, on
 15th June, 1988, the Company
 also became a deemed public limited company as of that date pursuant
 to the applicable provisions of the Companies Act, 1956.
 Subsequently, the Company became a public company by making necessary
 alterations in its Articles of Association.
 
 As stated earlier, the main object of the Company is to enlarge
 directly or indirectly in the business of share and stock broking,
 and other related capital market activities such as underwiting of
 securities and Portfolio Management. To act as a stock broker, it is
 necessary for a company to be a member of a stock exchange. Under the
 guidelines issued by the Government of India, corporate entitles are
 permitted to be enrolled as members of a stock exchange, provided.
 
 i) that the Company is formed in compliance with the provisions of
 Section 322 of the Companies Act, 1956;
 
 ii) that a majority of Directors of the Company are shareholders of
 the Company and also members of the Stock Exchange; and
      
 iii) that the Directors of the Company who are members of the Stock
 Exchange have unlimited liability in the Company.
      
 Since the Company is not in a position to comply with the aforesaid
 conditions, it has been proposed that the Company would carry on its
 share and stock broking activities through a number of affiliates
 (Stock Broking Companies/Partnership Firms/Individual Stock Brokers)
 who would be members of various Stock Exchanges.
 
 2006
 
 -JM Financial launches a private equity fund
      
 2007
 
 - JM Financial Ltd has informed that the Board of Directors of the
 Company has decided to appoint Mr. Paul Sebastian Zuckerman as an
 additional director on the Board of the Company. Mr. Zuckerman will
 be an independent director of the Company.
 
 2008
 
 -The Company has issued Bonus Shares in the Ratio of 3:2.
 
 - The Company has splits its face value from Rs10/- to Rs1/-.
 
 2009
 
 -  The Board has recommended a dividend of Re 0.20 per share.
 
 - Finance Asia Country Awards for Achievement - best equity House in
 India.
 
 - Best Workplaces in India - Ranked among top 50 companies by Great
 Places to Work Institute.
 
 2010
 
 - Board recommended a normal dividend of Re. 0.25 per share and a
 silver jubilee special dividend of Re. 0.25 per share on account of
 this being the twenty-fifth year of the Company.
 
 - JM Financial - South Africa's Rand Merchant Bank and JM Financial
 sign MoU on Strategic Co-operation.
 
 2011
 
 - Board recommends a dividend of Rs. 0.60 per share.
 
 - IFLR India Awards - JM Financial wins Team of the Year in the
 Indian Investment Banks category.
 
 - JM Financial Services received the highest Broker Grading of BQ1 by
 the rating agency, CRISIL.
 
 2012
 
 - The Company has appointed Mr. Keki Dadiseth as an additional
 director on the Board of the Company. Mr. Dadiseth will be an
 independent director of the Company.
 
 - The Board has recommended a dividend of Re. 0.60 per share.
 
 - The Company at its meeting held on March 30, 2012, has re-appointed
 Mr. Nimesh N Kampani as the Managing Director.
 
 - UTI MF and CNBC TV-18 Financial Advisor Awards - JM Financial
 Services honoured as the Best Performing National Financial Advisor -
 Institutional.
 
 - The Great Place to Work Awards 2012 conducted by The Great Place to
 Work Institute, India in Partnership with Economic Times.
 
 2013
 
 -JM Financial announced Vikram Pandit will make a strategic
 investment in JM Financial with potential additional investments in
 its NBFC, proposed bank and a joint distressed asset fund.
 
 - JM Financial Asset Management Among Top 100 India's Best Companies
 
 -  The Company received M&A Atlas Awards.
 
 -Registered Office of the Company is being changed from: 141, Maker
 Chambers III, Nariman Point, Mumbai - 400 021 Phone: 022-6630 3030
 Fax: 022-22028224 To: 7th Floor, Cnergy, Appasaheb Marathe Marg,
 Prabhadevi, Mumbai - 400 025 Phone: 022 - 6630 3030 Fax: 022 - 6630
 3223.
 
 2014
 
 - JM Financial announced that it has received a significant capital
 investment in its real estate lending subsidiary company, FICS
 Consultancy Services Limited (FICS).  
 
 - The Company received The Asset’s Triple A Country Awards.
 
 - JM Financial Services Ltd  awarded UTI MF & CNBC-TV18's Financial
 Advisor Awards 2013-14.
 
 - JM Financial Services Limited - Ranked 41st amongst India's 100
 Best Companies.
 
 2015
 -The Asset Triple A Country Awards
 -The Acquisition International 2015 M&A Awards
 -JM Financial Services Limited  -Ranked 1st  in the Investments
 Industry Category in India's Best Companies To Work For 2015
 -JM Financial Services Ltd awarded Best Performing National Financial
 Advisor Institutional
 -JM Financial Institutional Securities Ltd Awarded Highest
 Independent Honour in India
 -JM Financial Institutional Securities Ltd awarded the M&A Deal Maker
 of the Year
 
 2016
 -JM Financial acquires shares of IHL.
 
 2017
 - The Great Place to Work Institute. India’s Great Mid-Size
 Workplaces, 2017
 - The Great Place to Work Institute. India's Best Companies To Work
 For, 2017
 - CFBP Jamnalal Bajaj Awards
 -  Market Achievers Award
 -  BSE Award amongst the Top Performers in Primary Market Segment
 
 2018
 -JM Financial Services Limited Awared by BSE amongst the Top
 Performers in Primary Market Segment
 
 2019
 -JM Financial Services launches Industry First, Paperless Corporate
 Fixed Deposits Online for its Distributors and their Clients
 -JM Financial Services investment of INR 400 mn in Coimbatore-based
 co-living operator
 -JM Financial Services Limited has been Recognized among India’s 20
 Best Workplaces in BFSI - 2019 by Great Place to Work
 
 2020
 -JM Financial Limited raises Rs.770 crore through Qualified
 Institutions Placement
 -JM Financial Limited awarded for the CSR Healthcare Project
 
 2021
 -JM Financial Limited awarded for the ‘Best rights issue’ under the
 Best Deal category (Reliance Industries US$7.1 billion rights
 offering)
 
 2022
 -JM Financial Private Equity leads INR 950 mn investment in
 Silveredge Technologies Pvt. Ltd.
 -JM Financial Home Loans launches its branch in Erode, Tamil Nadu,
 takes the nationwide network to 75 branches.
 
 
 2023
 -IIM Udaipur and JM Financial collaborate to launch JM Financial
 Centre for Financial Research.
 -JM Financial Home Loans opens branch in Bhopal, achieves 100th
 branch milestone in India.
 -Future Generali India Life Insurance enters into a strategic
 partnership with JM Financial Services for wider insurance reach.