JMJ Fintech
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JMJ Fintech recommended a final dividend of ₹0.15 per share and set its 43rd annual general meeting for September 17, while approving a preferential issue of 7,90,000 shares at ₹20 each to raise up to ₹1.58 crore. The proposed issue would increase shares outstanding from 3.7645 crore to 3.8435 crore, with 48 non-promoter individual allottees, and remains subject to shareholder, BSE and other regulatory approvals; the board also appointed CA Methil Rajalakshmy as an additional independent director for a one-year term.
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JMJ Fintech recommended a final dividend of ₹0.15 per share and set its 43rd annual general meeting for September 17, while approving a preferential issue of 7,90,000 shares at ₹20 each to raise up to ₹1.58 crore. The proposed issue would increase shares outstanding from 3.7645 crore to 3.8435 crore, with 48 non-promoter individual allottees, and remains subject to shareholder, BSE and other regulatory approvals; the board also appointed CA Methil Rajalakshmy as an additional independent director for a one-year term.
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Aug 10 (Reuters) - JMJ Fintech Ltd JMJF.BO:
APPROVED PROPOSAL TO ISSUE UP TO 1.6 MILLION SHARES
APPROVED ISSUANCE OF NCDS AGGREGATING UP TO 20 MILLION RUPEES
Source text: ID:nnAZN4TCZXO
Further company coverage: JMJF.BO
(([email protected];))
Aug 10 (Reuters) - JMJ Fintech Ltd JMJF.BO:
APPROVED PROPOSAL TO ISSUE UP TO 1.6 MILLION SHARES
APPROVED ISSUANCE OF NCDS AGGREGATING UP TO 20 MILLION RUPEES
Source text: ID:nnAZN4TCZXO
Further company coverage: JMJF.BO
(([email protected];))
June 16 (Reuters) - JMJ Fintech Ltd JMJF.BO:
APPROVES ISSUE OF 25.6 MILLION SHARES VIA RIGHTS ISSUE
Source text: ID:nBSE8DGk1B
Further company coverage: JMJF.BO
(([email protected];;))
June 16 (Reuters) - JMJ Fintech Ltd JMJF.BO:
APPROVES ISSUE OF 25.6 MILLION SHARES VIA RIGHTS ISSUE
Source text: ID:nBSE8DGk1B
Further company coverage: JMJF.BO
(([email protected];;))
Jan 16 (Reuters) - JMJ Fintech Ltd JMJF.BO:
JMJ FINTECH LTD - TO CONSIDER FUNDRAISING VIA RIGHTS ISSUE
JMJ FINTECH LTD - TO CONSIDER AND APPROVE PROPOSAL OF RAISING FUNDS
Source text: ID:nBSEb2xJfh
Further company coverage: JMJF.BO
(([email protected];;))
Jan 16 (Reuters) - JMJ Fintech Ltd JMJF.BO:
JMJ FINTECH LTD - TO CONSIDER FUNDRAISING VIA RIGHTS ISSUE
JMJ FINTECH LTD - TO CONSIDER AND APPROVE PROPOSAL OF RAISING FUNDS
Source text: ID:nBSEb2xJfh
Further company coverage: JMJF.BO
(([email protected];;))
Dec 20 (Reuters) - JMJ Fintech Ltd JMJF.BO:
NAMES JUSTIN THOMAS O AS CFO
Source text for Eikon: ID:nBSEb9B83y
Further company coverage: JMJF.BO
(([email protected];))
Dec 20 (Reuters) - JMJ Fintech Ltd JMJF.BO:
NAMES JUSTIN THOMAS O AS CFO
Source text for Eikon: ID:nBSEb9B83y
Further company coverage: JMJF.BO
(([email protected];))
Dec 12 (Reuters) - JMJ Fintech Ltd JMJF.BO:
TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES
Source text for Eikon: ID:nBSEbN9Fdm
Further company coverage: JMJF.BO
(([email protected];))
Dec 12 (Reuters) - JMJ Fintech Ltd JMJF.BO:
TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES
Source text for Eikon: ID:nBSEbN9Fdm
Further company coverage: JMJF.BO
(([email protected];))
July 27 (Reuters) - JMJ Fintech Ltd JMJF.BO:
DISMISSED EMA K PULIMOOD FROM POSITION OF CHIEF FINANCIAL OFFICER TAKING INTO ACCOUNT CHARGES FRAMED AGAINST HER
Source text for Eikon: ID:nBSE3ZGMRY
Further company coverage: JMJF.BO
(([email protected];))
July 27 (Reuters) - JMJ Fintech Ltd JMJF.BO:
DISMISSED EMA K PULIMOOD FROM POSITION OF CHIEF FINANCIAL OFFICER TAKING INTO ACCOUNT CHARGES FRAMED AGAINST HER
Source text for Eikon: ID:nBSE3ZGMRY
Further company coverage: JMJF.BO
(([email protected];))
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Popular questions
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What does JMJ Fintech do?
JMJ Fintech Limited, formerly known as Meenakshi Enterprises Limited, operates as an RBI registered NBFC. It focuses on lending, financing SMEs, consultancy, investing in securities, and profiting from Cash & Derivatives Markets.
Who are the competitors of JMJ Fintech?
JMJ Fintech major competitors are Anupam Finserv, Salem Erode Investm., Supra Trends, CFSL, Sainik Fin. & Inds., Glance Finance, Ad-Manum Finance. Market Cap of JMJ Fintech is ₹37 Crs. While the median market cap of its peers are ₹37 Crs.
Is JMJ Fintech financially stable compared to its competitors?
JMJ Fintech seems to be less financially stable compared to its competitors. Altman Z score of JMJ Fintech is 2.42 and is ranked 6 out of its 8 competitors.
Does JMJ Fintech pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. JMJ Fintech latest dividend payout ratio is 6.19% and 3yr average dividend payout ratio is 6.19%
How strong is JMJ Fintech balance sheet?
The companies balance sheet of JMJ Fintech is weak, but was strong historically.
Is the profitablity of JMJ Fintech improving?
Yes, profit is increasing. The profit of JMJ Fintech is ₹8.43 Crs for TTM, ₹5.17 Crs for Mar 2025 and ₹2.14 Crs for Mar 2024.
Is JMJ Fintech stock expensive?
JMJ Fintech is not expensive. Latest PE of JMJ Fintech is 4.44 while 3 year average PE is 47.44. Also latest Price to Book of JMJ Fintech is 0.64 while 3yr average is 1.72.
Has the share price of JMJ Fintech grown faster than its competition?
JMJ Fintech has given lower returns compared to its competitors. JMJ Fintech has grown at ~-10.69% over the last 9yrs while peers have grown at a median rate of 12.26%
Is the promoter bullish about JMJ Fintech?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in JMJ Fintech is 23.27% and last quarter promoter holding is 23.27%.
Are mutual funds buying/selling JMJ Fintech?
There is Insufficient data to gauge this.