Description

JMJ Fintech Limited's 2.56 crore partly paid-up equity shares from rights issue will be listed and traded on BSE starting September 2, 2025.

Summary

JMJ Fintech Limited’s 2.56 crore partly paid-up equity shares issued through rights offering will be listed and permitted for trading on BSE starting September 2, 2025, under the ‘XT’ Group of Securities.

Key Points

  • 2,56,00,000 equity shares of Rs. 10/- each, partly paid-up to Rs. 3/-
  • Scrip code: 890222, Trading symbol: JMJFINPP
  • ISIN: IN9242Q01014, Face value: Rs. 10/-, Paid-up value: Rs. 3/-
  • Issue price: Rs. 10.50/- (Rs. 3.15/- paid on application, Rs. 7.35/- on future calls)
  • Allotment date: August 21, 2025
  • Market lot: 1 share
  • Dividend entitlement: Proportionate to amount paid-up

Regulatory Changes

Temporary ISIN IN8242Q01023 has been suspended as per SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012 regarding ISIN activation for additional share issues.

Compliance Requirements

Trading members must note the suspension of temporary ISIN and use the new permanent ISIN IN9242Q01014 for all trading activities related to these partly paid-up shares.

Important Dates

  • Allotment date: August 21, 2025
  • Trading commencement: September 2, 2025
  • Notice date: August 29, 2025

Impact Assessment

Medium impact on JMJ Fintech shareholders who participated in the rights issue. The partly paid-up structure allows flexible payment schedule as determined by the Board. Trading under XT group provides appropriate risk categorization for these securities.

Impact Justification

Standard rights issue listing with moderate impact on trading operations and company shareholders