JM Financial has received approval to raise the funds for an aggregate amount of up to Rs 850 crore by way of issue of equity shares and/or any other instruments or securities through qualified institutions placement, private placement / preferential issue / public issue / rights issue or through any other permissible modes and/or combination thereof. The Board of Directors of the Company at its meeting held on December 19, 2019 has approved the same.
JM Financial is an integrated financial services group offering a wide range of capital market services to its corporate and individual clients.