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JM Financial Products completes acquisition of 8.78 lakh shares of Spandana

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JM Financial announced that JM Financial Products, a subsidiary of the Company, has completed the second leg of acquisition of 8,78,028 equity shares of Sphoorty Financial (Spandana).

With this acquisition, JM Financial Products' holding is 12.95% of the current outstanding total equity shares of and 6.47% on a fully diluted basis.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 20:54 IST
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