
JSCL is planning to purchase 165.46 million shares of JS Bank.
The investment and subscription of 165.46 million ordinary shares being offered by JS Bank Limited (JSBL) by way of rights at Rs. 10 each, for the aggregate subscription of Rs. 1.65 billion in proportion to the company’s shareholding in JSBL, has been approved by the board of directors of Jahangir Siddiqui & Co. Ltd. (JSCL).