On conversion of warrants
JM Financial announced that the Allotment Committee of the Board, at its meeting held on 11 December 2014, has allotted 1,16,46,939 equity shares of the face value of Rs. 1/- each to Vikram Shankar Pandit, a Non Resident Indian upon the exercise of right by him as a Warrantholder.Subsequent to the allotment of equity shares as above, the paid-up equity share capital of the Company is Rs. 77,16,77,052/- representing 77,16,77,052 equity shares of the face value of Rs. 1/- each.
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