JM Financial523405Stake acquisition deal
JM Financial's JMFCSL invests Rs.162.59 crore in JMFARC rights issue; stake up to 84.87%
84.87%+3.1 pp
Before81.77%After84.87%
- Company
- JM Financial Asset Reconstruction Company Limited (JMFARC)
- Shares Acquired
- 16,25,85,928 equity shares
- Cash Consideration
- ₹162.59 crore
- Stake Increase
- From 81.77% to 84.87%
- Face Value per Share
- ₹10/-
JM Financial's JMFCSL invests Rs.162.59 crore in JMFARC rights issue; stake up to 84.87%.
84.87%Holding
JMFARC incorporation
Allotment of shares
Also from JM Financial
Board meeting on November 4, 2026 to consider Q2 and half-year unaudited financial results
6 Oct 2026
More numbers
- Consideration for rights shares₹ 162.59 crore
- Equity shares allotted16,25,85,928
- Face value per share₹ 10/-
- Holding before81.77%
- Holding after84.87%
- JMFARC AUM as of March 31, 2026₹ 11,853 crore
- JMFARC turnover FY2025-26₹ 223.95 crore
Source: BSE · 28 Sep 2026
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