JM Financial Limited has informed the Exchange that in reference to our letter dated February 20, 2025, wherein we had intimated about receipt of the refund order from the Tax Authorities for an amount aggregating Rs. 230 Crore (Copy enclosed for your ready reference).Pursuant to the above order, please be informed that the Company has now received an amount of Rs. 223.32 Crore, as and by way of income tax refund, against the above refund order after the Tax Authorities making certain tax adjustments. The email intimation about the refund amount being credited to the Company s bank account was received on November 14, 2025, at 5:10 p.m. (IST).