Corporate News     29-Mar-19
JM Financial hikes stake in JM Financial Asset Reconstruction Company
From 57.07% to 59.25%
JM Financial has entered into a Sale and Purchase Agreement for acquiring equity shares of JM Financial Asset Reconstruction Company ('JMFARC'), a subsidiary of the Company. With the acquisition, the Company's shareholding in JMFARC has increased to 59.25% from 57.07%.
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