StockWatch
·
Non Banking Financial Company (NBFC)
Board Meeting18 Aug 2026, 03:03 pm

JMJ Fintech Recommends Final Dividend, Approves Preferential Issue

AI Summary

JMJ Fintech Limited's Board of Directors met on August 18, 2026, approving a final dividend of ₹0.15 per equity share for FY25-26, subject to shareholder approval. The company also approved the AGM notice, reports, and fixed the AGM date for September 17, 2026. A preferential issue of 7,90,000 equity shares at ₹20 per share, aggregating ₹1.58 crore, was approved. Additionally, CA Methil Rajalakshmy was appointed as an Additional Independent Director, and various committees were reconstituted.

Key Highlights

  • Recommended final dividend of ₹0.15 per share for FY25-26.
  • Approved preferential issue of 7,90,000 shares at ₹20 each.
  • Appointed CA Methil Rajalakshmy as Additional Independent Director.
  • Reconstituted Audit, Stakeholders Relationship, and NRC committees.
  • AGM scheduled for September 17, 2026, via VC/OAVM.