Announced Tue, 18 Aug · 14:23 IST
Board approves Rs 0.15 dividend, Rs 1.58 cr preferential issue, new independent director
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹9.90
prior close
₹10.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-4.0-1.2-1.2-2.0-0.1+0.4-2.2-2.0-3.0——
Up moveDown movePending
AI summary
JMJ Fintech board approved a final dividend of Rs 0.15 per share for FY26 and a preferential issue of 7.9 lakh equity shares at Rs 20 each (about double the floor price of Rs 9.95), raising Rs 1.58 crore from 48 individual non-promoter allottees. Also appointed CA Methil Rajalakshmy as Independent Director for 1 year. AGM set for September 17, 2026, record date September 10.
Likely market impact
Small capital raise of Rs 1.58 crore at premium; modest final dividend; new independent director strengthens board governance.