JM Financial Invests Rs 35 Crore In Packaged Food Company Walko Food, Edges Higher

INSUBCONTINENT EXCLUSIVE:
On Thursday, shares of JM Financial settled 2.59 per cent higher at Rs 95 apiece on the BSE.JM Financial private equity fund finalized an
company's current expansion plans
According to a statement shared by the private equity fund, the proceeds from the investment will support the brand-building activities and
augmentation of the existing capacities of the company
alternative investment fund (AIF), registered with market regulator Securities and Exchange Board of India (SEBI)
After the announcement of the investment plan, shares of JM Financial Limited gained more than two per cent on Thursday, June 10
On the BSE, JM Financial opened at Rs 92.70, swinging to an intra day high of Rs 96.20 and an intra day low of Rs 92.70, throughout the
integrated financial services group and is listed on stock exchanges BSE and NSE
mortgage lending (both wholesale and retail), distressed credit with asset reconstruction business, and asset management with mutual fund
business.