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 2,39,83,911 new equity shares of JMJ Fintech Ltd. (Scrip Code: 538834) are permitted for trading with effect from Wednesday, March 4, 2026. These shares arise from the conversion of partly paid shares to fully paid up equity shares of Rs. 10/- each, issued on a rights basis.
Key Points
- 2,39,83,911 new equity shares of JMJ Fintech Ltd. admitted for trading on BSE
- Shares are Rs. 10/- each, issued on rights basis (conversion of partly paid to fully paid)
- ISIN: IN8242Q01015
- Distinctive numbers: 12800001 to 36783911
- New shares rank pari-passu with existing equity shares of the company
Regulatory Changes
No regulatory changes. This is a standard listing notice following the conversion of partly paid rights shares into fully paid equity shares.
Compliance Requirements
Trading members of BSE are permitted to trade in the newly listed securities from the effective date. No additional compliance action is required beyond normal trading procedures.
Important Dates
- Circular Date: March 2, 2026
- Trading Effective Date: Wednesday, March 4, 2026
Impact Assessment
Limited market impact. The listing adds 2,39,83,911 equity shares to JMJ Fintech Ltd.’s tradeable float, representing dilution from the earlier rights issue. The shares are pari-passu with existing equity, meaning no preferential rights distinction. Impact is confined to existing shareholders and traders in Scrip Code 538834.
Impact Justification
Routine listing notice for new equity shares of a single company following conversion of partly paid rights shares to fully paid up; no regulatory changes or broad market implications.