JMJ Fintech Limited has announced the outcomes of its board meeting held on March 25, 2026, where directors approved several strategic initiatives including bank account opening for digital loan disbursement and investment decisions. The BSE-listed non-banking financial company also formally noted the successful postal ballot results from March 20, 2026, where shareholders had approved material related party transactions.

Board Meeting Key Decisions

The board meeting, conducted from 4:00 PM to 4:15 PM on March 25, 2026, addressed multiple corporate matters under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Results Confirmation

The board formally acknowledged the postal ballot results dated March 20, 2026, where shareholders demonstrated overwhelming support for the material related party transaction resolution. The e-voting process concluded with significant shareholder participation and approval.

Strategic Financial Initiatives

The approval for opening a bank account with South India Bank specifically targets digital loan disbursement operations, indicating the company's focus on expanding its fintech capabilities. Additionally, the board authorized investment of Rs. 1,00,000 in securities of other companies, reflecting strategic portfolio diversification.

Company Profile

JMJ Fintech Limited operates as a BSE-listed non-banking financial company with its registered office in Coimbatore, Tamil Nadu. The company maintains active compliance under SEBI regulations and has demonstrated strong corporate governance through its recent postal ballot process.

The meeting outcomes were communicated to BSE under Regulation 30 compliance, with Company Secretary Vidya Damodaran signing the official disclosure. These strategic decisions position JMJ Fintech for enhanced digital lending operations and diversified investment activities.

JMJ Fintech Limited has issued a final demand cum forfeiture notice to shareholders holding partly paid-up equity shares who have failed to pay the outstanding call money. The BSE-listed non-banking financial company is providing one last opportunity for shareholders to settle their dues before proceeding with forfeiture proceedings.

Final Call Payment Details

The company's board of directors, at their meeting held on January 30, 2026, approved the issuance of this final demand notice for shareholders who have not paid the first and final call money following the original notice dated December 03, 2025.

Rights Issue Background

The final call notice relates to the company's rights issue of up to 2,56,00,000 partly paid-up equity shares of face value ₹10.00 each, issued at ₹10.50 per share including a premium of ₹0.50. The total rights issue size aggregates to ₹2660.00 lakhs, offered to eligible equity shareholders on a rights basis.

Interest Waiver and Payment Terms

In a significant relief to shareholders, the board has decided to waive the 10% annual interest penalty that was mentioned in the original first and final call money notice dated December 03, 2025. This waiver applies to all shareholders making payments under the final demand notice.

Payment Instructions:

• Mode: Cheque or demand draft only (cash not accepted)
• Payable to: "JMJ FINTECH LIMITED – CALL MONEY-ALLOTMENT ACCOUNT"
• Submission: Through Purva Sharegistry (India) Private Limited, Mumbai
• Account Number: 8250516487

Consequences of Non-Payment

Shareholders who fail to pay the first and final call money by March 25, 2026 will face forfeiture of their partly paid-up equity shares. The forfeiture will include the amount already paid on these shares, in accordance with the Companies Act, 2013, the company's Articles of Association, and the Letter of Offer.

For partial payments, the company will adjust amounts at ₹7.00 per partly paid-up equity share, with any balance that cannot be adjusted for a complete share being refunded. However, shareholders will remain "in arrears" for unpaid portions.

Trading Suspension and Administrative Details

The trading of ₹3.00 partly paid-up equity shares has been suspended on stock exchanges since December 19, 2025, due to the first and final call. The ISIN INE242Q01016 representing these shares has also been suspended by both NSDL and CDSL.

Shareholders can access the final demand notice on the company's website at www.jmjfintechltd.com or through the registrar's website at www.purvashare.com . The notice is being dispatched electronically to shareholders with registered email addresses and physically to all other eligible shareholders.