|
| Exchange Disseminated Time | JM Financial Ltd has informed BSE that the Board of Directors of the Company, at its meeting held on March 30, 2016, without prejudice to the Company's rights to initiate appropriate civil and criminal proceedings against the Registrars & Transfer Agents, Sharepro Services (India) Private Limited (‘Sharepro Services’) and its employees, has inter alia decided to terminate the Agreement with Sharepro Services, in view of the irregularities observed with respect to the Company’s share related operations and dividend encashment activities by them.
The Company will soon finalise the new Registrar & Transfer Agents in place of Sharepro Services. Further, the Company is in the process of appointing an appropriate agency to conduct a thorough audit of the records and systems of Sharepro Services with respect to Company’s share operations handled by them. |
|
|