Board Meeting on 1 October 2026 to Consider Allotment of Non-Convertible Debentures

The Board meets on Thursday, 1 October 2026 (via video conference).

Sat 26 Sep 2026

Meeting Date

Thursday, 1 October 2026

Meeting Format

Video conference

Main Agenda Item 1

Consider allotment of Non-Convertible Debentures (NCDs) on a private placement basis

Main Agenda Item 2

Authorise the Managing Director to avail financial assistance/loan facilities from banks and financial institutions

Trading Window Status

Closed; reopens 48 hours after outcome declaration

What was shared

JMJ Fintech Limited, a BSE-listed non-banking financial company, has given prior intimation to BSE that a meeting of its Board of Directors is scheduled for Thursday, 1 October 2026, to be held through Video Conference.

Agenda items

• Consider allotment of Non-Convertible Debentures on a private placement basis
• Authorise the Managing Director to avail financial assistance / loan facilities required for the company from banks and financial institutions
• Any other business with the permission of the Chair

What this means in plain terms

Non-Convertible Debentures are borrowing instruments: investors lend money to the company for interest, and unlike convertible instruments they do not turn into equity shares. So an NCD allotment raises debt, not equity, and does not dilute existing shareholders.

"Private placement" means the debentures are offered to a selected set of investors rather than to the public at large.

For a lending company, raising funds through debentures and bank facilities is part of how it sources money to lend onward. The impact depends on the amount raised and the cost of that borrowing, which would be known when the company announces the outcome of the meeting.

Trading window

Under the company's insider trading code, the trading window for dealing in the company's securities remains closed and will re-open 48 hours after the declaration of the outcome of the Board Meeting.

What to watch

• The outcome intimation after the meeting, for the size, tenure and coupon of the NCDs
• The identity and nature of the investors to whom the debentures are allotted
• The extent of borrowing powers granted to the Managing Director

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