JMG Corporation News

JMG Corporation Open Offer at ₹5.30 per Share

Mr. Neerav Bairagi launches open offer to acquire 60,21,053 equity shares (26% stake) of JMG Corporation at ₹5.30 per share. Committee recommends offer as fair and reasonable.

JMG Corporation Reports Q3 FY26 Loss of ₹8.67 Lakhs

JMG Corporation Limited reported a net loss of ₹8.67 lakhs for Q3 FY26 ended December 31, 2025, compared to ₹18.74 lakhs loss in Q3 FY25, with revenue rising to ₹21.50 lakhs from ₹12.00 lakhs year-on-year.

JMG Corporation: Neerav Bairagi Acquires 36.62% Stake for Rs 3.56 Crore, Triggers Open Offer

Neerav Bairagi entered into a Share Purchase Agreement to acquire 84,80,331 equity shares (36.62%) of JMG Corporation Limited from promoter seller Atul Kumar Mishra for Rs 3,56,17,390.20 at Rs 4.20 per share. The acquisition triggers a mandatory open offer for additional 26% stake at Rs 5.30 per share, with Bairagi set to gain control and become the new promoter upon completion.

JMG Corporation Reports Q2 FY2025-26 Financial Results with Mixed Performance

JMG Corporation Limited submitted its Q2 FY2025-26 financial results showing total income from operations of Rs 60.67 lakhs for the quarter and Rs 100.46 lakhs for the half-year, while reporting net losses of Rs 7.64 lakhs and Rs 14.00 lakhs respectively. The company's results were published in Financial Express and Jansatta newspapers as part of regulatory compliance requirements.