With reference to the earlier letters dated October 20, 2016 and November 15, 2016, JM Financial has now informed that JM Financial Products, a subsidiary of the Company, on December 02, 2016, has acquired further 15,05,650 equity shares of India Home Loan (IHL) through preferential allotment route. After the above acquisition, JM Financial Products holds an aggregate of 3,499,030 equity shares of IHL representing 24.50% of the total post issue paid up equity share capital of IHL.
The above information is a part of company’s filings submitted to BSE.
