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JM Financial informs about updates

28 Jun 2025 Evaluate
JM Financial has informed that the company as on June 27, 2025 has entered into a Share Purchase Agreement (SPA) with Moraine Master Fund LP (the MMF) for acquiring from them, 84,343 equity shares, representing 2.98% of the equity share capital of JM Financial Credit Solutions (JMFCSL), held by MMF. Upon completion of the above acquisition, JMFCSL would become the Company’s wholly owned subsidiary with 100% shareholding in it. The required disclosure to be made pursuant to the SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in this regard, it is enclosed and marked as Annexure A hereto. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
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Cholamandalam Fin. 1511.75
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