The Jammu & Kashmir Bank: CLARIFICATION REGARDING GST TREATMENT OF FUND TRANSFER PRICING (FTP) MECHANISM IN BANKS
The Jammu & Kashmir Bank (J&KBANK) filed a disclosure titled "CLARIFICATION REGARDING GST TREATMENT OF FUND TRANSFER PRICING (FTP) MECHANISM IN BANKS". The company is valued at about ₹13,443 crore.
What happened
The Jammu & Kashmir Bank (J&KBANK) filed a disclosure with the exchanges on 29 October 2026 at 03:05 PM titled "CLARIFICATION REGARDING GST TREATMENT OF FUND TRANSFER PRICING (FTP) MECHANISM IN BANKS".
Company snapshot
The Jammu & Kashmir Bank is a small-cap company in the Financial Services sector, with a market value of about ₹13,443 crore.
The stock last traded at ₹122.1, against a 52-week range of ₹97.35–₹201.8 (39.5% below the high).
Before this filing the shares had moved −15.8% over the month and −30.1% over three months. Average daily turnover over the last 20 sessions was about ₹50.55 crore.
Promoters held 59.40% at the end of Q2 FY27. Foreign institutions owned 11.62% and domestic institutions 7.42%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 3,450 | 494.9 | 4.49 |
| Q3 FY26 | 3,597 | 581.5 | 5.28 |
| Q4 FY26 | 3,536 | 798.6 | 7.25 |
| Q1 FY27 | 3,765 | 428.8 | 3.89 |
| Q2 FY27 | 4,047 | 552.7 | 5.02 |
What history shows
This is not the company's first regulatory disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.0% on average the next trading day and was up 3.1% on average after five days (5 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.3% over five days; 49% of them rose the next day.
Market-wide, 5,539 regulatory filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 21 Sept 2026 | Regulatory | +2.3% | −5.1% |
| 29 Jul 2026 | Regulatory | −13.3% | −11.8% |
| 2 Jul 2026 | Regulatory | −0.6% | +17.0% |
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.