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.