StockWatch
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Other Bank
Shareholding18 May 2026, 12:24 pm

Jana Small Finance Bank: Promoter to Sell 4.9% Stake to TVS Motor for ₹193.31 Cr

AI Summary

Jana Holdings Limited, a promoter of Jana Small Finance Bank, has entered into a Share Purchase Agreement (SPA) with TVS Motor Company Limited to sell up to 5,160,903 equity shares, representing approximately 4.9% of the total paid-up equity share capital of the company. The aggregate sale consideration is ₹193,31,19,436.71. The transaction is subject to the terms and conditions outlined in the SPA.

Key Highlights

  • Jana Holdings to sell 5,160,903 shares of Jana Small Finance Bank.
  • TVS Motor Company to purchase the shares, representing approximately 4.9% stake.
  • The deal is valued at ₹193.31 Cr.
  • The transaction is subject to the terms and conditions of the Share Purchase Agreement.