BSEJMJ Fintech LtdMediumNeutral
Announced Tue, 6 Jan · 20:32 IST

This is to inform you that the meeting of Rights Issue committee held today i.e. January 06, 2026 the payment for First Call money shall open from Tuesday, January 13 2026 till Tuesday, ....

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AI summary

JMJ Fintech Ltd has issued a corrigendum to its First and Final Call Notice for partly paid-up equity shares. The Rights Issue Committee, which met on January 6, 2026, has revised the payment window to start on Tuesday, January 13, 2026 instead of the earlier announced January 7, 2026, running until January 27, 2026 (15 days). Shareholders holding 2,56,00,000 partly paid-up shares need to pay the balance call money of Rs. 7.35 per share (Rs. 7.00 face value plus Rs. 0.35 premium). The original rights issue in July 2025 was priced at Rs. 10.50 per share in a 2:1 ratio, with Rs. 3.15 already collected as application money at the time of allotment in August 2025. Trading in the partly paid-up ISIN (IN9242Q01014) has been suspended since December 19, 2025. Fully paid-up shares are expected to be credited and trading to resume within 7-8 weeks after the last payment date.

Likely market impact

Shareholders who fail to pay the remaining Rs. 7.35 per share by January 27, 2026 risk forfeiture of their partly paid-up shares and the amount already paid. Those who pay on time will see their shares converted to fully paid-up status with trading expected to resume in March-April 2026.