JMJ Fintech Revises First and Final Call Payment Period to January 13-27, 2026

2 min read     Updated on 06 Jan 2026, 08:46 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

JMJ Fintech Limited issued a corrigendum revising the First and Final Call payment period from January 13-27, 2026, instead of the original January 7-27 schedule. The call amount of ₹7.35 per share remains unchanged for 2.56 crore partly paid-up equity shares, with conversion to fully paid shares expected within 7-8 weeks post-payment.

powered bylight_fuzz_icon
24534837

*this image is generated using AI for illustrative purposes only.

JMJ Fintech Limited has issued a corrigendum to its First and Final Call Notice, revising the payment period for its rights issue shareholders. The company announced on January 6, 2026, that the payment period will now commence from January 13, 2026, instead of the previously announced January 7, 2026, and continue until January 27, 2026.

Revised Payment Schedule

The Rights Issue Committee approved the corrigendum following their meeting held on January 6, 2026. The revised payment timeline provides shareholders with a clear 15-day window to complete their call money obligations:

Parameter: Original Schedule Revised Schedule
Payment Start Date: January 7, 2026 January 13, 2026
Payment End Date: January 27, 2026 January 27, 2026
Payment Duration: 21 days 15 days
Call Amount: ₹7.35 per share ₹7.35 per share

Call Money Payment Details

The fundamental terms of the First and Final Call remain unchanged, with shareholders required to pay the balance amount on their partly paid-up equity shares:

Call Details: Amount/Specification
Call Amount per Share: ₹7.35
Face Value Component: ₹7.00
Premium Component: ₹0.35
Record Date: December 19, 2025
Outstanding Shares: 2.56 crore partly paid-up equity shares
Total Call Amount: ₹18.82 crore

Rights Issue Background

The rights issue was launched with a 2:1 ratio, offering two rights equity shares for every one fully paid-up equity share held. The issue has progressed through multiple stages:

Rights Issue Timeline: Details
Letter of Offer Date: July 12, 2025
Rights Record Date: July 11, 2025
Allotment Date: August 21, 2025
Issue Price: ₹10.50 per share
Application Money Paid: ₹3.15 per share
Balance Due: ₹7.35 per share

Payment Methods and Instructions

Shareholders can make payments through multiple channels as outlined in the original notice. The company has maintained all existing payment infrastructure:

Payment Mode: Method
Online ASBA: Through SCSB websites
Physical ASBA: At designated SCSB branches
3-in-1 Account: Through broker platforms
Cash Payments: Not accepted

Trading and Conversion Timeline

The trading suspension for partly paid-up equity shares (ISIN: IN9242Q01014) remains in effect from December 19, 2025. Upon successful payment of the First and Final Call, shareholders can expect:

Post-Payment Process: Timeline
Conversion to Fully Paid: 7-8 weeks from January 27, 2026
Trading Resumption: After conversion completion
ISIN for Fully Paid Shares: INE242Q01016

Document Availability

The corrigendum, along with the original First and Final Call Notice, detailed instructions, ASBA application forms, and payment slips, are available for download from multiple sources including the company's website at www.jmjfintechltd.com , the registrar's website at www.purvashare.com , and the BSE website at www.bseindia.com .

Shareholders who fail to make the required payment within the revised timeline may face forfeiture of their partly paid-up shares, including amounts already paid, in accordance with the Companies Act, 2013, and the company's Articles of Association. The company has emphasized that all other terms and conditions mentioned in the original notice remain unchanged.

Historical Stock Returns for JMJ Fintech

1 Day5 Days1 Month6 Months1 Year5 Years
-2.39%-9.09%-37.06%-40.55%-27.65%+631.71%

JMJ Fintech Completes Land Purchase in Kerala Following Board Approval

1 min read     Updated on 17 Dec 2025, 05:43 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

JMJ Fintech Limited has successfully completed the acquisition of 7 acres of land in Chembukkavu Village, Thrissur district, Kerala for business expansion purposes. The purchase was completed on December 17, 2025, following board approval granted in August 2025, and is expected to support the company's long-term operational requirements without adverse financial impact.

powered bylight_fuzz_icon
16539157

*this image is generated using AI for illustrative purposes only.

JMJ Fintech Limited, a non-banking financial company (NBFC) listed on the Bombay Stock Exchange, has successfully completed the acquisition of land for business expansion purposes. The company had previously reported a significant decline in its net profit for the first quarter, despite an increase in revenue.

Land Acquisition Completed

JMJ Fintech has completed the purchase of land on December 17, 2025, following the board approval granted during the meeting held on August 12, 2025. The acquisition was conducted after following due procedures and registration formalities.

Parameter: Details
Location: Chembukkavu Village, Thrissur Taluk, Thrissur District, Kerala State
Total Area: 7 Acres
Mode of Acquisition: Banking channels
Related Party Transaction: No
Purpose: Business expansion

Previous Financial Performance

For the quarter ended June 30, JMJ Fintech had reported mixed financial results:

Metric: Q1 Value YoY Change
Net Profit: ₹114.43 crore -37.00%
Total Income: ₹507.73 crore +37.50%
Earnings Per Share: ₹0.89 -39.46%

The company's profitability was impacted by rising operational costs, including a 254% increase in employee benefit expenses and a 103.50% rise in finance costs.

Strategic Impact

According to the company's disclosure, the land acquisition aligns with JMJ Fintech's long-term operational requirements and is not expected to have any adverse impact on the financial or operational position of the company. This expansion move comes as part of the company's growth strategy, despite facing profitability challenges in recent quarters.

Regulatory Compliance

The land purchase disclosure was made under Regulation 30 of the SEBI Listing Regulations, demonstrating the company's commitment to transparency and regulatory compliance. The information has been made available on the company's investor communication platform.

The completion of this land acquisition represents a significant step in JMJ Fintech's expansion plans, providing the company with additional infrastructure capacity to support its business operations in the Kerala region.

Historical Stock Returns for JMJ Fintech

1 Day5 Days1 Month6 Months1 Year5 Years
-2.39%-9.09%-37.06%-40.55%-27.65%+631.71%

More News on JMJ Fintech

1 Year Returns:-27.65%