Date: 22nd October, 2026

8. Other Operational / Legal / Strategic Disclosures

This document is a regulatory compliance filing pursuant to SEBI Listing Obligations and Disclosure Requirements Regulation 23(9). It discloses all material related party transactions on a consolidated basis for the half-year ended September 30, 2026 (01.04.2026 to 30.09.2026), prepared in accordance with applicable accounting standards.

Detailed Breakdown of Related Party Transactions (Values in ₹ Crore):

Transactions with Subsidiary (JKB Financial Services Ltd, PAN: AAACJ1029M, 100% Subsidiary):

  • Interest/Commission Paid: ₹0.39 crore against Deposits (FDs & Saving)
  • Interest/Commission Received: ₹0.93 crore against Advances (LOC & SOD)
  • Other Transaction: ₹0.49 crore for Reimbursement of Revenue Expenditure
  • Other Transaction: ₹0.01 crore for Outstanding with subsidiary
  • Total with Subsidiary: ₹1.82 crore

Transactions with Associate (Jammu and Kashmir Grameen Bank, PAN: AAAAJ7859H):

  • Interest Paid: ₹76.93 crore on amounts kept as Fixed Deposit
  • Interest Received: ₹0.29 crore on Secured Overdraft Facility (SOD)
  • Other Transaction: ₹0.52 crore (Provision made) for IT Support services to be paid to Sponsor Bank
  • Total with Associate: ₹77.74 crore

Transactions with Key Management Personnel (Remuneration):

  • Mr. Amitava Chatterjee (MD & CEO, PAN: ADGPC0424R): ₹0.88 crore
  • Mr. Baldev Prakash (Ex MD & CEO, PAN: AAQPP0237N): ₹0.82 crore (Payments of variable pay pertaining to previous FYs)
  • Mr. Sudhir Gupta (Executive Director, PAN: ABYPG7709D): ₹0.83 crore
  • Mr. Ketan Kumar Joshi (CFO, PAN: ACWPJ7559H): ₹0.23 crore
  • Mr. Mohammad Shafi Mir (Company Secretary, PAN: ALKPM5652R): ₹0.19 crore
  • Total KMP Remuneration: ₹2.95 crore

Grand Total of All Related Party Transactions for H1 FY2027: ₹82.51 crore

Notes:

  • The amounts marked with (*) include payment of variable pay paid in HY2026-27 for previous years.
  • The amount marked with (**) is a provision made for the half-year on account of IT Expenditure to be paid to the Sponsor Bank.
  • Individual data entries have been rounded to the nearest second decimal place.

The disclosure was signed by Mr. Mohammad Shafi Mir, Company Secretary, from the Board Secretariat in Srinagar.

No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor’s Report, Disinvestment / Strategic Actions, Media Release / Investor Communication.