| Update Regarding debt securities of Jana Small Finance Bank Ltd; Scrip Code: 953889 bearing ISIN: INE953L07305 |
In continuation to the Exchange Notice - 20160509-34 dated May 09, 2016 regarding Listing of new debt securities of Jana Small Finance Bank Ltd, Trading Members are requested to note that w.e.f. Friday, November 16, 2018 the following Scrip Code bearing the following ISIN would be available for trading under the revised terms as mentioned below.
Scrip Code: 953889, ISIN: INE953L07305
Pursuant to the Addendum Information Memorandum dated 09th November 2018 to Information Memorandum Dated 07th July 2018, the Company has proposed to modify the terms of the NCDs to the following extent:
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Particulars
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Existing Terms Series I
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Revised Terms Series I
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Maturity Date
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April 26, 2019, or such other date on which the final payment of the Debentures becomes due and payable as herein provided, whether at such stated maturity date, by declaration of acceleration, or otherwise.
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April 26, 2019, or such other date on which the final payment of the Debentures becomes due and payable as herein provided, whether at such stated maturity date, by declaration of acceleration upon mutual consent of Issuer, debenture holders and Trustee , or otherwise.
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Issuer / Company Name
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Janalakshmi Financial Services Limited.
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Jana Small Finance Bank Limited (Erstwhile Janalakshmi Financial Services Limited)
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Coupon Payment Frequency
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Annually
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Annually until 3rd May 2018; 3rd coupon payment on 16th November 2018 with accrued interest as on the date of redemption and the final coupon payment on 26thApril 2019 or such other date on which final payment of the Debentures becomes due and payable as herein provided, whether at such stated maturity date, by declaration of acceleration upon mutual consent of Issuer, debenture holders and Trustee, or otherwise.
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Coupon payment dates
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Annually until the Maturity Date as specified in Annexure VI to this Information Memorandum
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Annually until 3rd May 2018; then 3rd coupon payment on 16th November 2018 with accrued interest as on the date of redemption and the final coupon payment on 26thApril 2019 or such other date on which final payment of the Debentures becomes due and payable as herein provided, whether at such stated maturity date, by declaration of acceleration upon mutual consent of Issuer, debenture holders and Trustee, or otherwise.
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Redemption Date
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April 26, 2019
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Redemption Date
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Principal Redemption Amount INR
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Frequency
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16th November 2018
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15,00,00,000/-
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1st Redemption
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26th April 2019*
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35,00,00,000/-
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Final Redemption
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*such other date on which final payment of the Debentures becomes due and payable as herein provided, whether at such stated maturity date, by declaration of acceleration upon mutual consent of Issuer, debenture holders and Trustee, or otherwise.
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Redemption Amount
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Rs.10,00,000/- (Rupees Ten Lakhs Only) per Debenture on the Redemption Date plus accrued Coupon, Default Interest, costs, charges and expenses(if any) payable under the Transaction Documents.
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Redemption Date
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Principal Redemption Amount INR
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16th November 2018
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15,00,00,000/-
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26th April 2019*
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35,00,00,000/-
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*such other date on which final payment of the Debentures becomes due and payable as herein provided, whether at such stated maturity date, by declaration of acceleration upon mutual consent of Issuer, debenture holders and Trustee, or otherwise.
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Save and except as enlarged, modified, varied, amended and supplemented by Addendum Information Memorandum, the terms, conditions and provisions of the Information Memorandum shall remain in full and force and effect. However, where there is a conflict between the terms of Addendum and the Information Memorandum, the terms of Addendum shall prevail.
Trading Members may contact the following Officials for further details if any:
Rupal Khandelwal
Manager
November 15, 2018 |