Description

BSE activates Call Money Module for first and final call on 2.56 crore partly paid-up equity shares of JMJ Fintech Limited at Rs 7.35 per share.

Summary

BSE has activated the Call Money Module on its IBBS platform for JMJ Fintech Limited to collect the first and final call money on 2,56,00,000 partly paid-up equity shares. Shareholders must pay Rs 7.35 per share during the issue period from January 13-27, 2026. The process follows SEBI circular dated December 8, 2020 and BSE notice no. 20210104-37 dated January 4, 2021.

Key Points

  • First and final call on 2.56 crore partly paid-up equity shares of JMJ Fintech Limited
  • Call money amount: Rs 7.35 per partly paid-up equity share
  • Market lot: 1 share
  • Security symbol: JMJFINCM
  • Bidding hours: 10:00 AM to 5:00 PM during issue period
  • Registrar: Purva Sharegistry (India) Private Limited
  • Contact: Deepali Dhuri at purvashr@mtnl.net.in or 022-23018261

Regulatory Changes

No regulatory changes. This circular operationalizes existing framework under SEBI circular dated December 8, 2020 for call money collection on partly paid-up shares.

Compliance Requirements

For Trading Members:

  • Submit details of call money notices collected through IBBS Call Money Module
  • Only applicable to Trading Members with 3-in-1 type accounts

For Self-Certified Syndicate Banks (SCSBs):

  • Use IBBS Call Money Module to submit call money collection details
  • Process applications during the 15-day issue period

For Shareholders:

  • Pay Rs 7.35 per partly paid-up equity share held
  • Submit payment through authorized channels during issue period

Important Dates

  • Circular Date: January 9, 2026
  • Issue Opening Date: Tuesday, January 13, 2026
  • Issue Closing Date: Tuesday, January 27, 2026
  • Issue Period: 15 days
  • Bidding Timings: 10:00 AM to 5:00 PM (daily during issue period)

Impact Assessment

Market Impact: Low - affects only existing holders of 2.56 crore partly paid-up shares of JMJ Fintech Limited

Operational Impact: Medium for involved parties - Trading Members and SCSBs need to facilitate call money collection through IBBS platform

Investor Impact: High for affected shareholders - mandatory payment of Rs 7.35 per share required to convert partly paid-up shares to fully paid-up shares; failure to pay may result in forfeiture of shares and amounts already paid

Corporate Action: This is a first and final call, completing the share issuance process for JMJ Fintech Limited’s partly paid-up equity shares

Impact Justification

Company-specific call money notice affecting only existing partly paid-up shareholders of JMJ Fintech Limited with limited market-wide impact