The company hereby submit corrigendum in connection with revision in dates in issue material in relation to rights issue of the company.
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JMJ Fintech, a Coimbatore-based NBFC listed on BSE, has issued a corrigendum revising several key dates in its ongoing Rights Issue. The company is offering up to 2.56 crore partly paid-up equity shares at ₹10.50 each (face value ₹10, premium just ₹0.50), aggregating up to ₹26.88 crore, in the ratio of 2 rights shares for every 1 share held on the record date (July 11, 2025). The issue closing date has been pulled forward to August 14, 2025 (from August 16), with renunciation, allotment, credit and listing dates also moved earlier by 1–2 days. Updated issue materials will be dispatched to eligible shareholders. The issue price is just 1.05 times face value, meaning a very small premium for existing shareholders.
Existing shareholders should note the revised and slightly earlier timeline, especially the new renunciation deadline of August 11 and issue closing on August 14. The very low premium (5% over face value) makes the rights price attractive, but shareholders must decide whether to subscribe, renounce, or let the rights lapse given the small issue size and the company's NBFC profile.