BSEJMJ Fintech LtdMinimalNeutral
Announced Tue, 15 Jul · 13:43 IST

Intimation of newspaper publication of Rights issue details as attached.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

JMJ Fintech Limited has notified BSE about publishing the Rights Issue details in newspapers (Financial Express - English, Jansatta - Hindi, Makkal Kural - Tamil) on July 15, 2025, as required under SEBI ICDR Regulations. The company is issuing up to 2.56 crore partly paid-up equity shares at ₹10.50 each (including ₹0.50 premium), aggregating up to ₹2,688 lakhs, in the ratio of 2 rights shares for every 1 fully paid-up share held. The record date was July 11, 2025; the issue opens on July 18, 2025, and closes on August 14, 2025. On application, investors must pay ₹3.15 per share, with the remaining ₹7.35 payable on later calls.

Likely market impact

Eligible shareholders as on the July 11, 2025 record date can subscribe to the rights shares in the 2:1 ratio to avoid dilution of their stake. With only a ₹0.50 premium over face value, the issue is priced close to par, but the partly paid-up structure means further capital calls may follow.