JM Financial Group commits Rs.30 crore towards COVID-19 relief measures
  • Rs. 15 crore contribution to PM- CARES Fund
  • Rs.15 crore commitment towards healthcare assistance to counter the Covid-19 pandemic

 

Mumbai, April 07, 2020: JM Financial Group has today committed Rs. 30 crore towards COVID-19 relief measures. As part of this commitment, Rs. 15 crore is being contributed to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund from its CSR funds as well as contributions from its Chairman Mr. Nimesh Kampani and his family members. Further, the group has also pledged to contribute Rs. 15 crore to work towards support for healthcare assistance to counter the Covid-19 pandemic.

 

As a socially responsible corporate, JM Financial Group has always been at the forefront in supporting various social causes as well as providing aid to various disaster relief initiatives in the past. 

 

“COVID-19 pandemic has emerged as a global challenge. In this critical moment, we all as socially responsible citizens and corporates must come together and contribute in whatever way we can so that our country can combat this crisis. The core philosophy of our group revolves around a deep commitment to the society and our efforts always reflect that steadfastness. Together, with a collaborative vision and approach, we’ll be able to overcome this unprecedented crisis,” said Mr. Nimesh Kampani, Chairman, JM Financial Group.

 

About JM Financial Group

JM Financial is an integrated and diversified financial services group. The Group’s primary

businesses include (a) Investment banking, wealth management and securities (IWS) which

includes fee and fund based activities for its clients (b) Mortgage Lending which includes both wholesale mortgage lending and retail mortgage lending (home loans, education institutions lending and LAP) (c) Distressed credit which includes the Asset Reconstruction business (d) Asset Management includes the mutual fund business.

 

The Group is headquartered in Mumbai and has a presence across 356 locations spread

across 123 cities in India. The equity shares of JM Financial Limited are listed in India on the BSE and NSE.

 

For further information, please contact:

Ms. Manali Pilankar, Corporate Communications

Tel: +91 22 6630 3475

Email: manali.pilankar@jmfl.com

 

Manish Sheth, Group CFO – JM Financial Limited

Tel: +91 22 5075 5010

Email: manish.sheth@jmfl.com