Breaking News

You are here » Indian-Commodity  :  Corporate  :  JM Financial hikes stake in JM Financial ARC to 50.01%

01-Oct2016

JM Financial hikes stake in JM Financial ARC to 50.01%

JM Financial has hiked stake in JM Financial Asset Reconstruction Company (JM Financial ARC) and therefore JM Financial ARC has become a subsidiary of the company with effect from September 30, 2016. The shareholding of the company in JM Financial ARC has increased from 50% to 50.01%.

JM Financial is an integrated financial services group offering a wide range of capital market services to its corporate and individual clients.


Related News

View all news

L&T to acquire 20.32% stake in Mindtree

Larsen & Toubro (L&T) has entered into a definitive Share Purchase Agreement (SPA) with V G Siddhartha and his related entities namely, Coffee Day Trading & Coffee Day Enterprises,......

Voltas launches new range Adjustable Inverter ACs

Voltas has further strengthened its leadership position in the Cooling Products space, by launching its new range of Voltas Adjustable Inverter ACs. Voltas' Adjustable Inverter AC comes with the unique......

Sagar Productions bags distribution rights for film 'Ram Ki Janmabhoomi'

Sagar Productions has bagged the worldwide theatrical distribution rights for the film 'Ram Ki Janmabhoomi'. The film potrays vividly fictional events since 1990 of the disputed Ram Janmabhoomi - Bahri......

Top News

View all news

L&T, Voltas and Canara Bank to see some action today

Larsen & Toubro (L&T) has entered into a definitive Share Purchase Agreement (SPA) with V G Siddhartha and his related entities namely, Coffee Day Trading & Coffee Day Enterprises,......

L&T to acquire 20.32% stake in Mindtree

Larsen & Toubro (L&T) has entered into a definitive Share Purchase Agreement (SPA) with V G Siddhartha and his related entities namely, Coffee Day Trading & Coffee Day Enterprises,......

Voltas launches new range Adjustable Inverter ACs

Voltas has further strengthened its leadership position in the Cooling Products space, by launching its new range of Voltas Adjustable Inverter ACs. Voltas' Adjustable Inverter AC comes with the unique......