JM Financial To Buy Over 17% In Mumbai-Based India Home Loan

New Delhi: JM Financial will buy an over 17 per cent stake in India Home Loan Ltd, by acquiring the full holding of one of the promoters and non-locked in shares of another.  As per the share purchase agreement between the company and JM Financial, Anant Bhalotia will sell his entire shareholding of 8.77 per cent and Rishabh Siroya his 8.76 per cent of non locked-in shares. The board has considered and recorded the intention of one...