JMJ Fintech Ltd — Updates, 15-07-2025: Company Update

JMJ Fintech has initiated its Rights Issue, offering up to 2.56 crore partly paid-up equity shares at ₹10.50 each, including a premium of ₹0.50. This aims to raise up to ₹26.88 crore. Eligible shareholders can subscribe to two rights shares for every one existing share held as of the July 11, 2025 record date. The initial payment is ₹3.15 per share on application, with the balance ₹7.35 due on future calls. Documents like the Letter of Offer and Application Form have been dispatched. The issue opens on July 18, 2025, and closes on August 14, 2025. Application is mandatory via ASBA in dematerialized form.