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| Exchange Received Time 14/03/2018 19:47:48 Exchange Disseminated Time 14/03/2018 19:47:54 Time Taken 00:00:06 | Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that the Company has further acquired an aggregate of 7,60,47,279 equity shares of the face value of Rs. 10/- each of JM Financial Asset Reconstruction Company Limited, a subsidiary of the Company, pursuant to the allotment of 7,40,05,612 equity shares subscribed by the Company on rights basis and 20,41,667 by way of secondary transfer.
Consequent to the above acquisition, the shareholding of the Company in JM Financial Asset Reconstruction Company Limited has increased from 50.01% to 57.07%.
We request you to disseminate the above information on your website.
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