JMJ Fintech has announced a board meeting where it decided to postpone a previously approved preferential issue of up to 7,90,000 equity shares, valued at ₹1.58 Crore.

This deferment is due to the need for further finalization of details concerning subscribers and other issue-related matters.

The Company stated this postponement will not materially adversely affect its operations or financial position.

As a result, the 43rd Annual General Meeting has been rescheduled, and its notice revised to remove the resolution pertaining to the preferential allotment.