JMJ FINTECH LIMITED: RAISES RS 2 CR FUNDS VIA NCDS

• Board approved allotment of 2,000 Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures (NCDs) of face value ₹10,000 each on private placement, for an aggregate amount not exceeding ₹2 Cr. • Board authorized the Managing Director to avail financial assistance/loan facilities up to ₹5 Cr from Shriram Finance Limited. • The issuance of NCDs is secured by a first ranking pari passu charge with existing secured creditors on book debts and receivables. • Allotment date for NCDs is October 1, 2026, with maturity dates as per Scheme 1 (October 1, 2029) or Scheme 2 (October 1, 2031). • Coupon rate for Scheme 1 is 12.00% and for Scheme 2 is 12.50%, payable monthly.

JMJ Fintech Ltd

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