JM Financial Products to acquire upto 9.84% stake in Fairassets Technologies India
JM Financial announced that JM Financial Products, a subsidiary of the Company, has on 09 May 2016 executed the Agreement to acquire securities representing upto 9.84% (on a fully diluted basis) of the total paid up capital of Fairassets Technologies India.Fairassets Technologies India is engaged in the business of operating a web portal and mobile application by the name of Faircent.com which provides a virtual peer to peer lending marketplace.
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