J&K Bank shareholders approve all resolutions at 87th AGM

Jammu and Kashmir Bank Limited held its 87th Annual General Meeting (AGM) on Tuesday, August 26, 2025, in Srinagar. All six ordinary resolutions, including the adoption of financial statements, dividend declaration, re-appointment of directors, and fixation of auditors’ remuneration, were passed with the requisite majority.

Key resolutions saw strong support. The adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025, received 99.90% of votes in favor. The declaration of dividend on equity shares was approved with 99.99% of votes in favor. The re-appointment of Dr. Pawan Kotwal as a director saw 87.39% approval, while Dr. Mandeep K Bhandari was re-appointed with 92.21% of votes in favor.

The appointment of M/s D K Pandoh & Associates as secretarial auditors for the fiscal years 2025-26 to 2029-30 was approved with 99.99% support. Similarly, the fixation of remuneration for statutory auditors for the financial year 2025-2026 passed with 99.99% of votes in favor. A total of 651 members participated in the voting process.