JMJ Fintech Reports No Right Issue Proceeds Deviation

Key Quantitative Figures

• Total amount raised through Rights Issue: ₹26,32,54,777.80
• Amount received on application and call: ₹26,08,78,254
• Amount received on application: ₹23,76,523.80
• Utilization for capital base augmentation and NBFC activities: ₹18,99,66,000
• Utilization for general corporate purposes: ₹4,64,15,000
• Utilization for issue-related expenses: ₹1,08,65,000

Parties Involved

• JMJ Fintech Limited (BSE Scrip Code: 538834, Security ID: JMJFIN, ISIN: INE242Q01016)
• BSE Limited (Listing Department)
• Audit Committee of JMJ Fintech Limited
• Vidya Damodaran, Company Secretary & Compliance Officer (ACS: 69509)

Utilization Breakdown

Original Objects and Actual Utilization:

1. Augment capital base for NBFC activities

• Allocated amount: ₹19,00,00,000
• Utilized amount: ₹18,99,66,000
• Deviation: No deviation

2. General Corporate Purposes

• Allocated amount: ₹6,72,00,000
• Utilized amount: ₹4,64,15,000
• Deviation: No deviation

3. Issue Related Expenses

• Allocated amount: ₹1,16,00,000
• Utilized amount: ₹1,08,65,000
• Deviation: No deviation

Financial Impact

Total proceeds of ₹26,32,54,777.80 from the rights issue have been utilized in accordance with the objects stated in the letter of offer. No financial impact from deviation or variation reported.

Governance Process

The statement was reviewed by the Audit Committee of JMJ Fintech Limited through circulation on November 3, 2026, and signed by the Company Secretary & Compliance Officer.

#Tags: #JMJFintech #RightIssue #SEBILODRRegulation32 #FundUtilization #ComplianceDisclosure #Neutral