Jana Holdings Sells 4.9% Stake in Jana Small Finance Bank to TVS Motor Company
Jana Holdings Limited, a promoter of Jana Small Finance Bank Limited, has entered into a Share Purchase Agreement with TVS Motor Company Limited. The agreement, dated May 18, 2026, details the sale of a significant portion of the company's equity shares.Under the terms of the Share Purchase Agreement (SPA), Jana Holdings Limited agreed to sell shares of Jana Small Finance Bank Limited to TVS Motor Company Limited. The transaction involves the transfer of 5,160,903 equity shares of the bank to the purchaser.
The shares being sold represent approximately 4.9% of the total paid-up equity share capital of Jana Small Finance Bank Limited.
The financial details of the agreement are as follows:
| Particular | Details |
|---|---|
| Seller | Jana Holdings Limited |
| Purchaser | TVS Motor Company Limited |
| Shares Sold | 5,160,903 equity shares |
| Approximate Stake | 4.9% |
| Aggregate Sale Consideration | INR 193,31,19,436.71 |
The total sale consideration for the shares has been stated as INR 193,31,19,436.71, which translates to Rupees One Hundred Ninety-Three Crore Thirty-One Lakh Nineteen Thousand Four Hundred Thirty-Six Rupees and Seventy-One Paise.
The transaction is subject to the full terms and conditions outlined in the Share Purchase Agreement executed by the involved parties.
JSFB Stock Price Movement
As of 12:33 PM, Jana Small Finance Bank Limited shares are slipping by 4.36% in live trading, currently holding at ₹469.45. The stock has shed ₹21.40 today, trading on a high volume of 736,360 shares, though it remains above its day's low of ₹469.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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