JM Financial clarifies on acquisition of stake

With reference to the news item appearing in a leading financial daily titled "JM Fin may buy 50% in ASK Sec", JM Financial Ltd has clarified that, JM Financial Group keeps on exploring various proposals from time to time. However, if and only if, the proposals that are considered by the Management get crystallized, then only they are placed before the Board of Directors of the Company for their consideration.

Source : Equity Bulls

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