JM Financial Unit Buys Over 17% Stake In India Home Loan

New Delhi: JM Financial Products has acquired over 19 lakh shares in India Home Loan (IHL), translating into over 17 per cent in the firm. "JM Financial Products Ltd, a subsidiary of the company, today acquired 19,93,380 shares of India Home Loan representing 17.53 per cent of the total paid-up equity share capital of IHL through second purchase route," JM Financial said in a regulatory filing. Earlier on October 20, the company ha...