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  3. JMJ Fintech Limited Issues Final Demand cum Forfeiture Notice for ₹7.35 Per Partly Paid-Up Equity Share
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India IPO
  • 10 Mar 2026
  • X
 JMJ Fintech Limited Issues Final Demand cum Forfeiture Notice for ₹7.35 Per Partly Paid-Up Equity Share

JMJ Fintech Limited has issued a final demand cum forfeiture notice for ₹7.35 per partly paid-up equity share to shareholders who failed to pay the first and final call money. The payment deadline is March 25, 2026, with the Board waiving the 10% interest penalty. Failure to pay will result in share forfeiture under the Companies Act, 2013.

JMJ Fintech Limited Issues Final Demand cum Forfeiture Notice for ₹7.35 Per Partly Paid-Up Equity Share

Fintech Firm Issues Final Demand to Shareholders

JMJ Fintech Limited has issued a final warning to its shareholders holding partly paid-up equity shares who have failed to pay the outstanding call money.

The notice, dated March 10, 2026, serves as the last opportunity for shareholders to settle their dues, following which their shares may be subject to forfeiture.

According to the notice, shareholders who have not paid the outstanding call money are at risk of losing their shares.

Key Details:

  • Notice dated: March 10, 2026
  • Shareholders at risk: Those holding partly paid-up equity shares
  • Consequences: Forfeiture of shares if outstanding call money is not paid

The company has given its shareholders ample notice, and it remains to be seen how many will take the necessary steps to avoid losing their shares.

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