JM Financial has informed that the Committee of the Board (the Committee) of the Company at its meeting held today has passed the resolutions in respect of the approval for the closure of the Issue today i.e. February 2, 2018; approval of the issue price of Rs 162 per Equity Share, including a share premium of Rs 161 which was determined in accordance with the SEBI Regulations; and approval of the placement document dated February 2, 2018, in connection with the Issue (the Placement Document). The above meeting of the Committee concluded at 9.30 a.m.
The above information is a part of company’s filings submitted to BSE.
