{
  "id": 10624905,
  "title": "JM Financial Subsidiary Acquires ₹162.59 Crore In JM Financial Asset Reconstruction Company",
  "url": "https://urgent.news/2026/09/29/jm-financial-subsidiary-acquires-162-59-crore-in-jm-financial-asset",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T05:34:02.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/jm-financial-subsidiary-acquires-16259-crore-in-jm-financial-asset-reconstruction-company"
  },
  "original_language": "en",
  "account": null,
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}