ALPHA TRIBE

JMJ Fintech LtdImportant, 12-11-2025: Company Update

12-11-2025 | 05:30 pm

JMJ Fintech confirmed no deviation in the use of funds raised through its Rights Issue. The company collected Rs. 8.06 Crore on application for its partly paid-up shares, part of a total intended raise of Rs. 26.88 Crore. These funds are designated to strengthen the capital base for NBFC activities, cover general corporate needs, and manage issue-related expenses. Utilisation for the quarter focused on general corporate purposes (Rs. 0.13 Crore) and issue expenses (Rs. 0.46 Crore), consistent with the stated objectives. This update assures shareholders the funds are being deployed as planned.

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