Clarification10 Oct 2026, 03:29 pm

JMJ Fintech Revises NCD Allotment Details Due to Clerical Error

AI Summary

JMJ Fintech Limited has submitted a revised outcome of its Board Meeting held on October 1, 2026, to rectify a clerical oversight. The company corrected the number and aggregate issue size of Non-Convertible Debentures (NCDs) allotted. Initially reported as 2,000 NCDs aggregating to ₹2,00,00,000/-, the correct figures are 1,900 NCDs aggregating to ₹1,90,00,000/-. The Board also authorized the Managing Director to avail financial assistance up to ₹5,00,00,000/- from Shriram Finance Limited. All other resolutions remain unchanged.

Key Highlights

JMJ Fintech corrects clerical error in NCD allotment details.
Revised NCD allotment: 1,900 NCDs aggregating ₹1.90 Crore.
Original NCD allotment was erroneously stated as 2,000 NCDs for ₹2 Crore.
MD authorized to avail financial assistance up to ₹5 Crore.
Correction pertains only to NCD number and issue size.

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JMJFIN

Non Banking Financial Company (NBFC)

JMJ Fintech Ltd

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