JMJ Fintech Ltd — Important, 10-08-2026: Company Update

JMJ Fintech's board has approved the financial results for the quarter. The company plans to issue up to 16 Lakh new equity shares on a preferential basis and raise up to 2 Crore via secured, unlisted, redeemable non-convertible debentures, carrying interest rates of 12.00% & 12.50%. This capital infusion is a key focus. Further, a Building Construction Committee was formed for infrastructure projects, and investment in Chit Funds was approved for treasury management. The board also noted a fine of 59,000 for late results submission and is pursuing a waiver.