JMJ Fintech Issues First & Final Call Notice for ₹7.35 Per Share
JMJ Fintech Limited has issued a first and final call money notice seeking ₹7.35 per share from holders of 2,56,00,000 partly paid-up equity shares. The payment deadline is January 27, 2026, with trading suspended from December 19, 2025, and newspaper advertisements published on December 24, 2025.
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JMJ Fintech Limited has issued a first and final call money notice to holders of its partly paid-up equity shares, seeking payment of ₹7.35 per share by January 27, 2026. The notice was issued under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Call Money Details and Payment Structure
The first and final call pertains to 2,56,00,000 outstanding partly paid-up equity shares with face value of ₹10.00 each, issued through a rights offering based on the Letter of Offer dated July 12, 2025. The payment structure breaks down as follows:
| Component: | Amount per Share |
|---|---|
| Face Value: | ₹7.00 |
| Share Premium: | ₹0.35 |
| Total Call Amount: | ₹7.35 |
JMJ Fintech Limited had initially received ₹3.15 per share (₹3.00 towards face value and ₹0.15 towards share premium) as application money when the partly paid-up shares were allotted on August 21, 2025. The current call represents the balance amount to convert these into fully paid-up shares.
Key Dates and Trading Suspension
The Board of Directors, at their meeting held on December 3, 2025, decided to make the first and final call with the following timeline:
| Parameter: | Date/Period |
|---|---|
| Record Date: | December 19, 2025 |
| Call Payment Period: | January 7, 2026 to January 27, 2026 |
| Payment Duration: | 21 days |
| Trading Suspension Start: | December 19, 2025 |
Trading in the partly paid-up equity shares (ISIN: IN9242Q01014) has been suspended on BSE with effect from December 19, 2025. The suspension also applies to depositories NSDL and CDSL.
Newspaper Advertisement Publication
Pursuant to Regulation 30 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements for the First and Final Call Money Notice on December 24, 2025 in the following publications:
| Publication: | Language/Edition |
|---|---|
| Financial Express: | English - All Editions |
| Jansatta: | Hindi - All Editions |
| Makkal Kural: | Tamil - Coimbatore Edition |
Payment Methods and Instructions
Shareholders can make payments through multiple channels:
- Online ASBA: Through websites of Self-Certified Syndicate Banks (SCSBs)
- Physical ASBA: By submitting application forms to designated SCSB branches
- 3-in-1 Accounts: Using linked online trading-demat-bank accounts offered by brokers
Cash payments will not be accepted, and all payments must be made from the shareholder's own bank account. Third-party payments are liable to be rejected.
Consequences of Non-Payment
Failure to pay the first and final call money by the deadline will result in forfeiture of the partly paid-up equity shares, including amounts already paid, in accordance with:
- Provisions of the Companies Act, 2013
- Articles of Association of the Company
- Terms of the Letter of Offer
However, the Board may consider proportionate conversion for partial payments. For example, if a shareholder holding 100 shares pays ₹367.50 instead of the full ₹735.00, they would receive 50 fully paid-up shares.
Post-Payment Timeline
Eligible shareholders who make the payment can expect:
- Credit of fully paid-up equity shares within 7-8 weeks from January 27, 2026
- Conversion to ISIN INE242Q01016 (existing fully paid-up shares)
- Resumption of trading in fully paid-up shares
The company has made the call notice and detailed instructions available on its website at www.jmjfintechltd.com and through registrar Purva Sharegistry (India) Private Limited at www.purvashare.com . Shareholders can seek clarifications on mobile numbers 91-7395922291/92 during business hours from Monday to Saturday.
