Future Market Networks has acquired 100 per cent equity share capital of a private limited company - Jeremia Real Estate Private Limited (JREPL). The paid-up share capital of JREPL is ₹1 lakh.
The company acquired JREPL in order to use it as a special purpose vehicle in due course for its business purposes, it said in a notice to the exchanges. Shares of Future Market Networks fell 2 per cent at ₹92.60 on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.