JMJ Fintech Limited announced that Velayudhanpillai Harikumar ceased to be an independent director effective September 24, 2026. His departure follows the completion of his second term of office.

The cessation was intimated to the BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Harikumar’s tenure expired at the close of business hours on September 24, 2026.

Updated board composition

Following this change, the Board of Directors comprises five members, including two independent directors and one additional independent director. The updated composition is as follows:

Regulatory disclosure details

The filing specifies that the reason for the change is the completion of tenure as an independent director. No brief profile or relationship disclosures were applicable for this cessation event. The information is available on the company’s website for investor reference.

JMJ Fintech has withdrawn its earlier intimation regarding a revised record date for the final dividend for FY26. The company confirmed that the original record date of September 10, 2026, will be retained for determining shareholder entitlement.

This correction follows a filing on September 17, 2026, where the company had initially proposed moving the record date to September 22, 2026. However, the Bombay Stock Exchange (BSE) informed the company that the revision could not be processed. Consequently, JMJ Fintech revoked the revised intimation submitted earlier that day.

Revised Timeline

The adjustment ensures compliance with exchange processing capabilities. The Board of Directors had previously recommended a final dividend of ₹0.15 per equity share of face value ₹10 each during its meeting on August 18, 2026. The Annual General Meeting (AGM) remains scheduled for September 29, 2026, having been rescheduled from September 17, 2026.

Shareholders holding shares in dematerialized form will be eligible for the payout based on data provided by National Securities Depository Limited and Central Depository Services (India) Limited as of close of business on September 10, 2026. Physical shareholders must have valid transmission or transposition requests lodged by the same deadline.

Payment Terms

Subject to approval by shareholders at the AGM, the final dividend will be paid within 30 days of the meeting’s conclusion. The payment is subject to deduction of tax at source. The company disclosed this update pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.