JM Financial: Announcement under Regulation 30 (LODR)-Scheme of Arrangement | Value Research

JM Financial: Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 we wish to inform you that the Board of Directors of the JM Financial Limited (the Company) at its meeting held today has inter alia approved partial modification in the Scheme of Arrangement to include the merger of JM Financial Capital Limited into JM Financial Services Limited. For your information JM Financial Services Limited is a wholly owned subsidiary (the WOS) of the Company and JM Financial Capital Limited is a WOS of JM Financial Services Limited. The above intimation shall be read in conjunction with our letter dated May 24 2022 a copy whereof is enclosed for your ready reference.We request you to disseminate the above information on your website as you may deem appropriate.

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