Description

Trading suspended in partly paid equity shares of JMJ Fintech Limited from December 19, 2025 due to record date for first and final call money payment.

Summary

BSE has notified trading members that dealings in partly paid equity shares of JMJ Fintech Limited (Scrip Code 890222) must cease from December 19, 2025. This suspension is implemented to facilitate the record date process for identifying shareholders eligible to receive call notices for payment of first and final call money on rights equity shares. The call amount is Rs. 7.35 per share, with Rs. 7 towards face value and Rs. 0.35 towards securities premium.

Key Points

  • Company: JMJ Fintech Limited (Scrip Code: 890222)
  • Record Date: December 19, 2025
  • No dealings effective from: December 19, 2025 (Settlement No. DR-781/2025-2026)
  • Call amount: Rs. 7.35 per share (Rs. 7 face value + Rs. 0.35 securities premium)
  • Purpose: First and final call money payment on rights equity shares
  • Affected securities: Partly paid-up equity shares only

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for completing the conversion of partly paid shares to fully paid shares through call money collection.

Compliance Requirements

  • Trading members must immediately cease all dealings in partly paid equity shares of JMJ Fintech Limited from December 19, 2025
  • Trading members must take note of the record date and ensure no transactions are executed in these securities
  • Shareholders holding partly paid shares will receive call notices for payment of the outstanding amount

Important Dates

  • December 15, 2025: Notice date - Circular issued by BSE
  • December 19, 2025: Record date for determining eligible shareholders
  • December 19, 2025: No dealings commence (Settlement No. DR-781/2025-2026)

Impact Assessment

Trading Impact: High - Complete suspension of trading in partly paid equity shares prevents any market transactions for affected securities.

Shareholder Impact: Shareholders holding partly paid shares must prepare to pay the first and final call money of Rs. 7.35 per share upon receiving call notices. Failure to pay may result in forfeiture of shares.

Market Operations: Trading members must update their systems to block trades in scrip code 890222 (partly paid shares) to ensure compliance with the no-dealings restriction.

Liquidity Impact: Zero liquidity for partly paid shares from the effective date until conversion to fully paid shares is completed.

Impact Justification

Trading suspension in partly paid shares affects all shareholders holding these securities and requires immediate action from trading members to halt dealings.