Jana Small Finance Bank Ltd

Jana Small Finance Bank Ltd has announced the closure of its trading window from July 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the bank's internal code of conduct. The trading window will reopen 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This measure is standard practice to prevent insider trading during the sensitive period of financial result announcement.

Jana Small Finance Bank Limited's Board of Directors has approved the preferential allotment of 88,43,000 warrants to five investors: Singularity Large Value Fund III, ICM Finance Private Limited, 2i Capital PCC, Capri Global Ventures Private Limited, and Utpal Hemendra Sheth. The total amount paid upfront by these investors is ₹102,76,00,818.00. Additionally, GWC Family Fund Investments Pte. Ltd. has applied to the RBI for approval to subscribe to 68,29,909 warrants. The equity shares issued upon conversion of these warrants will be listed on BSE and NSE.

Jana Holdings Limited has disclosed a sale of 51,60,903 shares in TVS Motors Company Ltd, reducing its holding from 2,30,09,477 shares to 1,78,48,574 shares. The transaction, which occurred on May 22, 2026, was conducted off-market. This sale represents a decrease in Jana Holdings' stake in TVS Motors, impacting its shareholding in the listed entity. The total equity share capital of TVS Motors remained constant at 1,05,34,10,460 shares before and after the transaction.

Jana Small Finance Bank Ltd announced that its members have approved an amendment to the Articles of Association (AOA). The amendment introduces a new Article 7A, which expressly permits the bank to issue warrants and/or other convertible securities. This move aims to provide greater flexibility in terms of issuance, conversion, and associated rights, including preferential allotment or private placement, subject to applicable laws and regulatory approvals. The new article details the process and terms under which the Board can issue and convert these securities.

Jana Small Finance Bank received observations from the National Stock Exchange (NSE) regarding its application for in-principle approval for a proposed preferential issue of warrants. Consequently, the Bank is modifying certain disclosures in the Explanatory Statement for the Extra-Ordinary General Meeting (EGM) notice dated May 18, 2026. These modifications pertain to investor names, post-preferential offer capital percentage, pre-issue and post-issue shareholding patterns, and the status of investors (promoter/non-promoter). The Bank clarified that there are no changes to the proposed issuance's size, issue price, number of warrants (1,56,72,909), objects, identity of proposed allottees, or any other material terms. The preferential issue will result in 1,56,72,909 warrants, representing 12.68% of the post-preferential issue capital.

Jana Small Finance Bank Ltd has been recognized by the Chief Minister of Haryana for its Corporate Social Responsibility (CSR) contributions to strengthening healthcare infrastructure in the state's district hospitals. The recognition occurred during the inauguration of healthcare initiatives by the Haryana government on May 29, 2026, in Panchkula. HDFC Bank was also acknowledged. Jana Small Finance Bank's CSR projects in FY 2025-26 included installing a digital X-Ray machine in Panipat, providing syringe infusion pumps in Karnal, and installing an HPLC machine in Kurukshetra. Mr. Shrinivas Murty received the award on behalf of the bank.

Jana Small Finance Bank Ltd has announced an Extraordinary General Meeting (EGM) scheduled for June 11, 2026, to be held via video conferencing. The EGM seeks shareholder approval for amending the Articles of Association, issuing warrants via preferential issue, and borrowing/raising funds through debt securities on a private placement basis. The e-voting will commence on June 8, 2026, and end on June 10, 2026, with results expected on or before June 13, 2026.

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.

Jana Small Finance Bank's board approved amending its Articles of Association to allow warrant issuance, subject to shareholder approval. It also approved Securities Subscription Agreements with GWC Family Fund Investments Pte. Ltd. for up to 68,29,909 warrants (5.64% stake) and with Singularity Large Value Fund III, ICM Finance Private Limited, 2I CAPITAL PCC, Capri Global Ventures Private Limited and Utpal Hemendra Sheth for up to 88,43,000 warrants (7.31% stake), both via preferential issue on a private placement basis.

Jana Small Finance Bank Ltd has scheduled a Board of Directors meeting on May 18, 2026, to consider and approve proposals for raising funds. The fund raising may involve the issuance of equity shares, convertible bonds, warrants, or debentures through various methods such as qualified institutions placement, preferential allotment, rights issue, or further public offer. The trading window for dealing in the bank's securities is closed from May 14, 2026, to May 20, 2026, for all directors and designated employees.