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News Details

04/12/2025 19:33

JMG Corporation Ltd. - Announcement under Regulation 30 (LODR)-Updates on Acquisition

We hereby inform you that the Acquirer has entered into a Share Purchase Agreement dated December 04, 2025 with the Promoter Seller (\Share Purchase Agreement/ SPA\), pursuant to which the Acquirer has agreed to acquire, 84,80,331 (Eighty Four Lakh Eighty Thousand Three Hundred Thirty One) Equity Shares, which constitutes 36.62% (Thirty Six and sixty two Percent) of the equity and voting share capital (\Equity and Voting Share Capital\) of the Company, for an aggregate consideration of Rs. 3,56, 17,390.20/- (Rupees Three Crore, Fifty Six Lakh Seventeen Thousand Three Hundred Ninety and Twenty Paise Only) Share subject to the\r\nstatutory approvals, if any and satisfaction of conditions precedent specified in the Share Purchase Agreement (unless waived off in accordance with the Share Purchase Agreement).