JMJ Fintech Limited approved the issuance of NCDs aggregating up to Rs.7 Crore on a private placement basis. The Board also announced various director reappointments.
JMJ Fintech issued a corrigendum revising the NCD allotment to 1,900 units, aggregating to ₹1.90 Crore, correcting a clerical error from the previous board meeting outcome.
JMJ Fintech Limited approved the allotment of 2,000 secured NCDs totaling Rs. 2 Crore. The board also authorized a Rs. 5 Crore loan facility from Shriram Finance.