Corporate Announcement
Security Code : 523405    Company : JMFINANCIL    
 
Updates on Change in Constituents of Promoter Group 
  Exchange Disseminated Time     
With reference to the earlier announcement dated October 09, 2013 informing about the change in constituents of the promoter group and resultant change in the shareholding of promoter group of JM Financial Limited (the Company), JM Financial Ltd has now informed BSE the following additional information:

- The pre and post shareholding of Mr. Anil Kampani and Mr. Harith Kampani as of September 30, 2013 was 9,15,624 (0.12%) and 4,00,013 (0.05%) equity shares of the Company respectively prior to and post change in constituent / reclassification of the promoter group shareholding.

- Consequent upon the above, the promoter and promoter group shareholding of the Company as of September 30, 2013 has reduced from 51,91,04,902 (68.79%) to 51,77,89,265 (68.61%) whereas the public shareholding has increased from 23,55,44,866 (31.21%) to 23,68,60,503 (31.39%).

- Mr. Anil Kampani and Mr. Harith Kampani, the relatives (brothers) of Mr. Nimesh Kampani, a person who is in control of the Company, were not on the Board of Directors of the Company. As of September 30, 2013, both Mr. Anil Kampani and Mr. Harith Kampani were not associated in any manner in the business of the Company and did not have any interest other than their shareholding mentioned as above in the Company.
 

Disclaimer

Back To Announcements