Corporate Announcement
Security Code : 523405    Company : JMFINANCIL    
 
Updates on Subsidiary 
  Exchange Disseminated Time     
JM Financial Ltd has informed BSE that JM Financial Products Limited, a subsidiary of the Company, has on May 09, 2016 executed the Agreement to acquire securities representing upto 9.84% (on a fully diluted basis) of the total paid up capital of Fairassets Technologies India Private Limited.

Fairassets Technologies India Private Limited is engaged in the business of operating a web portal and mobile application by the name of “Faircent.com” which provides a virtual peer to peer lending marketplace.
 

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