|
| Exchange Disseminated Time | With reference to the news item appearing in a leading financial daily titled "JM Financial stock soars on buzz of merger with HDFC Bank” and the movement in share price of the Company from Rs. 26.00 to Rs. 30.25, JM Financial Ltd has clarified to BSE as under:
"We are not engaged in any discussions/negotiations with HDFC Bank for merger of JM Financial Limited, The said news report appears to be speculative.
Further, we wish to inform you that we regularly intimate the stock exchanges all the events and information (including price sensitive information) that can have bearing on the operation/performance of the Company. There is no pending or current announcement in relation to significant events that in our view can have a bearing on the operation/performance of the Company." |
|
|