JM Financial Products has informed that a meeting of the Sponsorship and Credit Committee of the Board of Directors of the Company is scheduled to be held on May 15, 2017, to consider the issue of secured, rated, listed, redeemable, non-convertible debentures for an aggregate amount of upto Rs 5 Crore or such other amount as may be agreed by the said Committee, on private placement basis.
The above information is a part of company’s filings submitted to BSE.