Jana Holdings Limited, a promoter of Jana Small Finance Bank, has announced a significant divestment of its stake in the bank. The firm has entered into a definitive agreement to sell 5,160,903 equity shares, representing 4.9% of the total paid-up equity share capital, to TVS Motor Company Limited. The transaction is valued at approximately ₹193.31 crore, marking a major change in the bank’s shareholding structure as of May 18, 2026.
Details of the Share Purchase Agreement
On May 18, 2026, Jana Holdings Limited formalized a Share Purchase Agreement (SPA) to offload a portion of its holding in Jana Small Finance Bank. The transaction involves the sale of 5,160,903 shares to TVS Motor Company Limited. This move represents a strategic realignment for the promoter group, equating to a 4.9% stake in the bank’s overall paid-up equity capital.
Financial Impact and Valuation
The deal is valued at an aggregate consideration of ₹193,31,19,436.71. This transaction highlights ongoing activity in the equity markets involving bank promoters and strategic investors. The sale is subject to the specific terms and conditions outlined within the signed SPA, marking a definitive shift in the ownership composition for Jana Small Finance Bank.
Source: BSE
