JAMMU & KASHMIR BANK LTD. - 532209 - REVIEWED FINANCIAL RESULTS OF THE BANK FOR THE QUARTER ENDED 30TH JUNE , 2021 (Standalone & Consolidated)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the Reviewed Financial Results of the Bank for the Quarter ended 30th June, 2021. JAMMU & KASHMIR BANK LTD. - 532209 - Board Meeting Outcome for OUTCOME OF THE COMPENSATION COMMITTEE MEETING OF BOARD OF DIRECTORS OF THE BANK - APPROVAL OF J&K; BANK EMPLOYEE STOCK PURCHASE SCHEME, 2021
Compensation Committee of the Board has in its meeting held today i,e. 06th August, 2021 approved the following: 1. J&K; Bank Employee Stock Purchase Scheme, 2021 (JKBESPS 2021) for its implementation in the Bank. 2. Pricing Formula and allowing a discount of 25% on the price arrived at as per the pricing formula. 3. To offer upto 7.5 Crore equity shares and issue new equity shares aggregating upto Rs. 150 Crores (face value of Re 1 per share) at a price of Rs 28.97 per equity share (As per approved pricing formula - Average of weekly volume weighted average prices of the equity shares quoted on NSE during the two trading weeks preceding the Committee meeting). 4. The Issue / offer will open from Friday, 27th August, 2021. JAMMU & KASHMIR BANK LTD. - 532209 - Board Meeting Intimation for CONSIDERATION OF REVIEWED FINANCIAL RESULTS (CONSOLIDATED AND STANDALONE) OF THE BANK FOR THE QUARTER ENDED 30TH JUNE, 2021
Jammu & Kashmir Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2021 ,inter alia, to consider and approve Pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Board of the Bank will meet on Friday, 13th August, 2021 inter-alia to consider the Reviewed Financial Results (Consolidated and Standalone) of the Bank for the Quarter ended 30th June, 2021. JAMMU & KASHMIR BANK LTD. - 532209 - EXEMPTION FROM THE APPLICABILITY OF REGULATION 3(2) OF THE SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 FOR THE PROPOSED ACQUISITION OF SHARES BY THE GOVERNMENT OF JAMMU & KASHMIR
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to intimate that the Securities and Exchange Board of India vide its order no. WTM/SKM/CFD/45/2021-22 dated 03rd August, 2021 under Section 11(1) and Section 11(2)(h) of the SEBI Act, 1992 read with Regulation 11(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 has granted exemption to the proposed acquirer, viz the Government of Jammu & Kashmir, from complying with the requirements of Regulation 3(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with respect to proposed acquisition of 16,76,72,702 equity shares in the Bank i.e., 6.06% during the Financial Year 2021-22 through the proposed preferential allotment. Jammu & Kashmir Bank Ltd - 532209 - Board Meeting Intimation for MEETING OF COMPENSATION COMMITTEE
Jammu & Kashmir Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2021 ,inter alia, to consider and approve Meeting of the Compensation Committee has been scheduled to be held on Friday, 06th August, 2021 inter alia to consider and approve J&K; Bank Employee Stock Purchase Scheme, 2021 ('JKBESPS 2021' Jammu & Kashmir Bank Ltd - 532209 - Proceedings Of The Postal Ballot
a) Issue of equity shares on a preferential basis to Government of Jammu and Kashmir, Promoter and Majority Shareholder of the Bank in accordance with Section 42 and Section 62 of the Companies Act, 2013 read with the relevant rules thereunder and Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. b) Issue of shares to employees and whole time directors of the Bank. Jammu & Kashmir Bank Ltd - 532209 - RBI Approval To Government Of UT Of Ladakh To Acquire 4,58,29,445 Fully Paid Equity Shares Of The Bank
In continuation to our letter bearing reference no. JKB/BS/F3652/2021/154 dated 19th January, 2021 and pursuant to the Government of Jammu and Kashmir Order SO 339 dated October 30, 2020 regarding transfer of 8.23% shareholding in Jammu and Kashmir Bank (4,58,29,445 Equity Shares) as on 31st October, 2019 to the UT of Ladakh, please be informed that the Reserve Bank of India vide its letter DOR.HOL.No. S481/ 16.01.063/2021-22 dated 26th July, 2021 has accorded its approval to Government of UT of Ladakh to acquire 4,58,29,445 fully paid up equity shares of Re. 1/- each i.e., 8.23% of the paid up equity capital of Jammu and Kashmir Bank Ltd as on the date of enforcement of Jammu and Kashmir Reorganisation Act, 2019 (31st October, 2019) JAMMU & KASHMIR BANK LTD. - 532209 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Jammu & Kashmir Bank Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here JAMMU & KASHMIR BANK LTD. - 532209 - Postal Ballot Results
We refer to our letter no. JKB/BS/F3652/2021/054 dated June 19, 2021 submitting copy of Postal Ballot Notice dated June 19, 2021 for seeking consent of Members of the Bank, by way of Special Resolutions, for issue of equity shares on preferential basis to the Government of Jammu and Kashmir, the promoter and majority shareholder of the Bank and Issue of shares to employees and whole time Directors of the Bank. Jammu & Kashmir Bank Ltd - 532209 - AUDITED RESULTS FOR THE FOURTH QUARTER AND FINANCIAL YEAR ENDED 31ST MARCH, 2021
Pursuant to Regulation 33(3) (d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith copy of the Audited Financial Results (Consolidated and Standalone) of the Bank for the fourth quarter and financial year ended 31st March, 2021. The results were approved by the Board of Directors at their meeting held today i.e., 17th June, 2021.