Corporate News 16-Apr-18
JM Financial Products completes acquisition of 8.78 lakh shares of Spandana
JM Financial announced that JM Financial Products, a subsidiary of the Company, has completed the second leg of acquisition of 8,78,028 equity shares of Spandana Sphoorty Financial (Spandana). With this acquisition, JM Financial Products' holding is 12.95% of the current outstanding total equity shares of Spandana and 6.47% on a fully diluted basis.
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