<h1>JM Financial Group Gains Approval for Strategic Acquisitions to Consolidate Financial Services Operations.</h1> The Competition Commission of India has approved two acquisitions involving JM Financial Group entities. JM Financial Limited will acquire 42.99% of JM Financial Credit Solutions Limited, while JM Financial Credit Solutions Limited will acquire 71.79% of JM Financial Asset Reconstruction Company Limited. JM Financial Limited is a publicly listed company providing diverse financial services, including investment banking and private wealth management. JM Financial Credit Solutions, a non-banking finance company, focuses on real estate and corporate financing. JM Financial Asset Reconstruction Company specializes in acquiring and resolving stressed assets. These transactions aim to consolidate JM Financial Group's financial services operations.