JMJ Fintech News

JMJ Fintech seeks shareholder approval for ₹10 crore RPT

JMJ Fintech Limited announces postal ballot for shareholder approval of material related party transaction worth ₹10,00,00,000 with JMJ Finance Limited. E-voting period scheduled from February 19 to March 20, 2026.

JMJ Fintech Sets Record Date for Final Call on Partly Paid-up Equity Shares

JMJ Fintech's Board approved a first and final call of Rs. 7.35 per share on 2.56 crore outstanding partly paid-up equity shares, with December 19, 2025 fixed as the record date. The call affects shareholders of rights equity shares allotted on August 21, 2025, requiring them to pay the remaining amount to complete their share subscription.

JMJ Fintech Reports No Deviation in Rights Issue Fund Utilization for Quarter Ended September 2025

JMJ Fintech Limited confirmed no deviation or variation in the use of proceeds from its rights issue for the quarter ended September 30, 2025. The company raised Rs. 8.06 crores through a rights issue of 2.56 crore partly paid-up equity shares at Rs. 3.15 per share (Rs. 3 on application and Rs. 0.15 as share premium) on August 21, 2025. The total amount to be raised under the rights issue is Rs. 26.88 crores. Funds were allocated for augmenting capital base for NBFC activities (Rs. 19 crores), general corporate purposes (Rs. 6.72 crores with Rs. 13.41 lakhs utilized during the quarter), and issue-related expenses (Rs. 1.16 crores with Rs. 46.09 lakhs utilized). The company received 30% of the total allocation amount on application, with remaining amounts payable on future calls as determined by the board. The audit committee reviewed and confirmed no deviation in fund utilization.