JM Financial Subsidiary Acquires ₹162.59 Crore In JM Financial Asset Reconstruction Company
Mumbai: JM Financial Limited announced on September 28, 2026, that its wholly-owned subsidiary, JM Financial Credit Solutions Limited (JMFCSL), has acquired 16,25,85,928 equity shares of JM Financial Asset Reconstruction Company Limited (JMFARC) for ₹162.59 crore. The shares were allotted on a rights basis. Acquisition Details JMFCSL's investment increases its shareholding in JMFARC from 81.77…
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