Intimation of Meeting of Right Issue Committee of Directors of the company.
Price
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JMJ Fintech Ltd has informed BSE that a meeting of its Rights Issue Committee of Directors is scheduled for Monday, June 16, 2025. The committee will consider matters related to the proposed Rights Issue, including the issue price and the ratio of rights equity shares. The company had previously communicated about this Rights Issue via a letter dated January 21, 2025. The trading window for insiders and designated persons has been closed from June 5, 2025, until 48 hours after the outcome of the committee meeting is announced. No specific terms, pricing, or ratios have been disclosed yet.
This is a procedural update signalling that key details of the Rights Issue (price and ratio) will be finalised shortly. Shareholders should watch for the post-meeting announcement, as the issue price and ratio will determine the dilution and the cost of subscribing to their entitlement.