Corporate Announcement
Security Code : 523405    Company : JMFINANCIL    
 
Announcement Under Regulation 30 - Update On Earlier Disclosure Made By The CompanyDownload PDF Download XBRL
  Exchange Received Time  28/03/2018 19:31:23         Exchange Disseminated Time   28/03/2018 19:31:32              Time Taken   00:00:09
In continuation of our earlier letters dated October 20, 2016, November 15, 2016 and December 5, 2016 (copies enclosed for your ready reference), it was informed that JM Financial Products Limited, a subsidiary of the Company had acquired an aggregate of 34,99,030 equity shares representing 24.50% of India Home Loan Limited (IHL), with the intention to transfer the entire stake to JM Financial India Trust II - JM Financial India Fund II ('the Fund'), a Fund registered with SEBI as Category II - Alternate Investment Fund. We wish to inform you that JM Financial Products Limited has now released the equity shares of IHL to the Fund.

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