JM FINANCIAL LTD.-$ - 523405 - Outcome Of The Board Meeting
We wish to inform you that the Board of Directors of the Company, at its meeting held today, has: 1) Approved the Standalone and Consolidated Audited Financial Results for the fourth quarter and financial year ended March 31, 2020; and 2) The Board of Directors has recommended a lower Dividend of Re. 0.20 per share for the financial year 2019-20 as compared to previous year due to the uncertainties arising out of COVID-19. A copy each of the above Audited Financial Results, the Statutory Auditors' Report thereon and a copy of Press Release being issued by the Company, is enclosed for your information and record. These documents are also being uploaded on the website of the Company, viz., www.jmfl.com. We hereby declare that the Statutory Auditors have issued the Audit Report on Standalone and Consolidated Audited Financial Results for the financial year ended March 31, 2020 with unmodified opinion.06-05-2020