Description
BSE permits trading in 2,39,83,911 new equity shares of JMJ Fintech Ltd. arising from conversion of partly paid shares to fully paid up on rights basis, effective March 4, 2026.
Summary
BSE has notified trading members that they are permitted to trade in new equity shares of JMJ Fintech Ltd. (Scrip Code: 538834) with effect from Wednesday, March 4, 2026. The new securities arise from the conversion of partly paid shares to fully paid up shares issued on a rights basis.
Key Points
- 2,39,83,911 new equity shares of JMJ Fintech Ltd. are admitted for trading on BSE from March 4, 2026.
- Shares are fully paid up at a face value of Rs. 10/- each, converted from partly paid shares issued on rights basis.
- ISIN: INE242Q01016
- Distinctive Numbers: 12800001 to 36783911
- The new shares rank pari-passu with existing equity shares of the company.
Regulatory Changes
No regulatory changes. This is a standard listing notification following the conversion of partly paid rights shares to fully paid up shares.
Compliance Requirements
Trading members of BSE are informed that trading in these new securities is permitted from the effective date. No additional compliance action is required beyond standard trading procedures.
Important Dates
- Circular Date: March 2, 2026
- Trading Commencement Date: Wednesday, March 4, 2026
Impact Assessment
Limited market impact. This is a routine corporate action listing for JMJ Fintech Ltd. (Scrip Code: 538834). The addition of 2,39,83,911 shares increases the tradeable float for the company. Since the shares are pari-passu with existing equity, there is no change in shareholder rights or dividends entitlement structure. Impact is confined to existing shareholders and traders of this specific scrip.
Impact Justification
Routine listing of new equity shares from conversion of partly paid to fully paid rights shares for a single company; no regulatory changes or broad market impact.