Intimation under Regulation 30 of SEBI LODR - Entering into agreement on January 14, 2026, for availing Software-as-a-Service (SaaS) based Digital Lending Platform.
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JMJ Fintech Ltd, a Coimbatore-based NBFC listed on BSE (formerly Meenakshi Enterprises), has entered into a Software-as-a-Service agreement with LightFi India Private Limited on January 14, 2026. The deal is for availing a digital lending platform and related technology services to enable digital loan origination, processing, and management. The company clarified that this is not a related party transaction, requires no regulatory approvals, and has been entered into in the ordinary course of business. The arrangement is expected to support and enhance the company's digital lending operations and operational efficiency, though no financial terms (cost, contract value, or revenue impact) have been disclosed.
This technology partnership should improve JMJ Fintech's digital lending capabilities and operational efficiency as an NBFC, but the absence of financial details makes it difficult to gauge the materiality or stock price impact at this stage.