About Us

SETTING BENCHMARKS OF EXCELLENCE

JM Financial Asset Reconstruction Company Limited is an Asset Reconstruction Company, registered with the Reserve Bank of India (RBI), under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. We are engaged in the business of acquiring non-performing financial assets from banks / financial institutions and resolving them.

Our business forte comes from our professionally managed team, high capital base and tailor-made acquisition and resolution strategies, which have enabled us to become one of India’s leading asset reconstruction companies. The team at JM Financial Asset Reconstruction Company believes in strong corporate governance, work ethics and transparency in all its dealings. Enhancement of value for originator banks / financial institutions, security receipt holders, banking sector, foreign portfolio investors and the economy as a whole, is the resolute aim that all our business activities are focused on. We believe in offering tailor made resolutions to distressed borrowers, through innovative and solution oriented approach.

We have been continuously unlocking the hidden potential of distressed accounts by turning around assets from a distressed to a standard state.

Shareholders

Sponsor Shareholders


  • JM FINANCIAL LIMITED
  • MR. NAROTAM S. SEKHSARIA
  • RADHAKRISHNA BIMALKUMAR PVT. LTD.

Non-Sponsor Shareholders


  • JM FINANCIAL CREDIT SOLUTIONS LIMITED
  • INDIAN OVERSEAS BANK
  • UCO BANK
  • UNION BANK OF INDIA
  • VALIANT MAURITIUS PARTNERS FDI LIMITED

Memberships

Auditors and Trustees

Statutory Auditors

M/s. Sharp & Tannan Associates
87, Nariman Bhavan
227 Nariman Point
Mumbai – 400 021
Website: www.sharp-tannan.com

Internal Auditors

M/s. Aneja Associates
301, Peninsula Towers Peninsula Corporate Park
Ganpatrao Kadam Marg Lower Parel
Mumbai - 400 013

Debenture Trustee

SBICAP Trustee Company Limited
4th Floor, Mistry Bhavan, 122 Dinshaw Vachha Road,
Churchgate, Mumbai - 400 020
Tel: + 91 22 4302 5555/66 Fax No: + 91 22 2204 0465
corporate@sbicaptrustee.com
Website: www.sbicaptrustee.com
Contact Person: Mr. Prashant Joshi