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JM Financial’s arm planning to raise funds through right issue

01 Mar 2018 Evaluate

JM Financial’s subsidiary company -- JM Financial Asset Reconstruction Company is issuing further equity shares aggregating up to Rs 280 crore on rights basis in accordance with the provisions of Section 62 of the Companies Act, 2013. The offer has opened on February 27, 2018 and shall close on March 13, 2018.

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

Peers
Company Name CMP
Bajaj Finserv 1839.60
TVS Holdings 12760.40
Cholamandalam Fin. 1511.75
Altius Telecom Infra 175.50
Kama Holdings 2250.50
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