JM Financial has further acquired an aggregate of 7,60,47,279 equity shares of the face value of Rs 10 each of JM Financial Asset Reconstruction Company, a subsidiary of the company, pursuant to the allotment of 7,40,05,612 equity shares subscribed by the company on rights basis and 20,41,667 by way of secondary transfer.
Consequent to the above acquisition, the shareholding of the company in JM Financial Asset Reconstruction Company has increased from 50.01% to 57.07%.
JM Financial is an integrated financial services group offering a wide range of capital market services to its corporate and individual clients.
| Company Name | CMP |
|---|---|
| Bajaj Finserv | 1837.95 |
| TVS Holdings | 14550.00 |
| RattanIndia Ent | 35.26 |
| Altius Telecom Infra | 159.05 |
| Authum Inv. & Infra | 465.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: