Jammu & Kashmir Bank Merger & Restructuring Worth ₹120.1 Cr

Jammu & Kashmir Bank Legal & Regulatory

J&K Bank announces CBIC GST circular validates its FTP position, supporting quashing of two demand orders. Total GST liability at stake is ₹8,330.87 Crore.

Value

₹8,331 Cr

Jammu & Kashmir Bank Earnings Call Transcript: Key Takeaways

Jammu & Kashmir Bank reported strong sequential profit growth driven by retail and MSME advances, while navigating CASA pressure.

Call

Guides 14% growth

Jammu & Kashmir Bank Investor Presentation: Key Takeaways

J&K Bank reported Q2FY27 net profit of ₹546 Cr (up 10.6% YoY) driven by strong credit growth and improved asset quality with record PCR of 91.76%.

Jammu & Kashmir Bank Results Update

J&K Bank reported Q2 FY27 net profit of ₹546 Cr, up 28.8% QoQ. Total business grew 19.4% to ₹3.10 lakh crore with decadal-best asset quality.

Jammu & Kashmir Bank Other Announcement

J&K Bank filed a routine Reg 32 statement confirming no deviation in utilisation of four prior preferential issues. All raised funds were fully deployed per original objects.

Jammu & Kashmir Bank Q2 FY27 Results: Net Profit ₹552.7 Cr, Up 11.7% YoY

Jammu & Kashmir Bank Ltd reported revenue from operations of ₹3,729 Cr (+13.2% YoY) and net profit of ₹552.7 Cr (+11.7% YoY) for Q2 FY27.

Key figure

Net profit ₹552.7 Cr · +11.7% YoY

GK Energy Merger & Restructuring

GK Energy's board approved incorporating five wholly-owned BESS subsidiaries in the energy sector. All will be 100% owned and subscribed at face value.

Raghav Productivity Enhancers Merger & Restructuring

RPEL acquired 80% of JV entity RPEL TRLK Silicatech Pvt Ltd for Rs. 80,000. The Odisha-based entity will manufacture silica ramming mass and refractories.

Mohite Industries Merger & Restructuring

Mohite Industries seeks postal ballot approval to sell its spinning unit land and plant to unidentified buyers, and to shift registered office. E-voting closes 29 November 2026.

Reliance Industries Merger & Restructuring

Reliance disclosed that UK registrar published a gazette notice for voluntary strike-off of step-down subsidiary Hamleys (Franchising) Limited. HFL contributed 0.0048% of consolidated turnover, so impact is negligible.

Quint Digital Merger & Restructuring

Quint Digital's board approved a Rule 10b5-1 trading plan and the incorporation of a wholly owned overseas subsidiary. No investment amount was disclosed.

Hexaware Technologies Merger & Restructuring

Hexaware Technologies approved a slump sale of its step-down subsidiary Tech SMC Square India to Tech SMC Squared (GCC) India, a related-party deal. Consideration is cash, yet to be set by a registered valuer.

Execution

Expected completion by 30 June 2027; agreement date stated as 1 December 2026