JMJ Fintech Ltd — Important, 28-05-2026: Company Update

JMJ Fintech confirmed that the proceeds from its Rights Issue have been utilized as per the stated objectives, with no deviation from the original plan. The company raised a total of Rs. 25.69 Cr, comprising Rs. 25.18 Cr from fully paid-up equity shares and Rs. 0.51 Cr from partly paid-up shares. Funds were primarily allocated to strengthen the capital base for its NBFC operations, with approximately Rs. 19.00 Cr utilized for this purpose. Other funds were used for general corporate needs and issue-related expenses, assuring shareholders of transparent execution of its fundraising strategy.