New wholly owned step-down subsidiary incorporated in Abu Dhabi Global Market

JM Financial (Middle East) Limited incorporated on October 12, 2026 in Abu Dhabi Global Market.

Mon 12 Oct 2026

Incorporation Date

October 12, 2026

Jurisdiction

Abu Dhabi Global Market

Shareholding

100% held by JM Financial Overseas Holdings Private Limited

What was announced

• JM Financial (Middle East) Limited was incorporated on October 12, 2026 in Abu Dhabi Global Market.
• It is a wholly owned subsidiary of JM Financial Overseas Holdings Private Limited, and therefore a wholly owned step-down subsidiary of the company.
• 100% of its share capital will be held by JM Financial Overseas Holdings Private Limited.
• The entity belongs to the Financial Services industry, with presence in Abu Dhabi, United Arab Emirates.

What the new entity will do

Its stated objects are to carry out activities relating to arranging deals in investments, arranging custody, arranging credit, advising on investments or credit and managing assets.

Other points in the disclosure

• The entity is newly incorporated, so its turnover and size are marked Not Applicable, and there is no three-year turnover history.
• The promoter, promoter group and group companies have no interest in the entity, and the company has stated that the transaction is not a related party transaction.
• ADGM Registration Authority approval, and any other approvals as may be required, are needed.
• Consideration, cost of acquisition and the indicative time period for completion are marked Not Applicable.

How a retail investor might read it

• This is a corporate-structure step: a new entity has been set up in an overseas financial centre through the group's existing overseas holding arm, as distinct from buying an existing business.
• The activities listed — arranging deals in investments, custody, credit, advisory and asset management — fall within the financial services space in which the group already operates. The disclosure is about the incorporation of the entity.
• The holding structure sits within the group: 100% of the share capital will be held by JM Financial Overseas Holdings Private Limited, a wholly owned subsidiary of the company.

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