JM Financial share price

sebi on jm financial: Sebi confirms interim direction; bans JM Financial from managing debt public issues till Mar 2025

June 20, 2024 by Edward Johnson

The Securities and Exchange Board of India (Sebi) said JM Financial will continue to face restrictions on acting as lead manager for public debt issues until March 31, next year. The regulator’s order on Thursday follows the earlier restrictions it had imposed on the firm through an interim order issued on March 7, which JM … Read more

JM Financial share price: JM Financial shares plunge 19% after RBI restrictions. Here’s what happened

March 6, 2024 by Edward Johnson

Shares of JM Financial plunged 19% on Wednesday to the day’s low of Rs 77.55 after the Reserve Bank of India (RBI) barred JM Financial Products from undertaking any form of business in shares and bonds funding due to regulatory violations and governance lapses, said a strongly-worded letter issued by the banking regulator on Tuesday. … Read more