Submission of details regarding payment of Final Dividend for the Financial Year 2024-25.
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JMJ Fintech Ltd has informed the BSE that the Board has recommended a final dividend of Rs. 0.25 per equity share on the face value of Rs. 10 for FY 2024-25. The company's 42nd Annual General Meeting is scheduled for 25th September 2025, and the dividend, if approved, will be distributed on partly paid-up equity shares in line with Section 51 of the Companies Act, 2013, proportionate to the amount paid up on such shares. JMJ Fintech is an NBFC listed on BSE (Scrip Code: 538834) and was formerly known as Meenakshi Enterprises Limited. The dividend translates to 2.5% on face value, though actual yield for investors will depend on the market price of the shares.
The dividend is modest at Rs. 0.25 per share and is subject to shareholder approval at the upcoming AGM. Shareholders holding partly paid-up shares will receive dividend only on the paid-up portion, which limits the payout for those investors.