| Update Regarding debt securities of Jana Small Finance Bank Ltd; Scrip Code: 954366 bearing ISIN: INE953L08154 |
In continuation to the Exchange Notice - 20160718-18 dated July 18, 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: 954366, ISIN: INE953L08154
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
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Revised Terms
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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 9th July’18; then as per the redemption dates as below :-
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16-Nov-18
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1st Redemption
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14-Dec-18
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2nd redemption
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15-Jan-19
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3rd Redemption
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15-Feb-19
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4th Redemption
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15-Mar-19
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5th Redemption
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15-Apr-19
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6th Redemption
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15-May-19
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7th Redemption
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14-Jun-19
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8th Redemption
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And the final coupon payment on final redemption falling at the end of 1095 (One Thousand and Ninety Five) days from the Deemed Date of Allotment being July 08, 2019.
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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 9th July’18; then as per the dates as below :-
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16-Nov-18
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14-Dec-18
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15-Jan-19
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15-Feb-19
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15-Mar-19
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15-Apr-19
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15-May-19
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14-Jun-19
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And the final coupon payment on final redemption falling at the end of 1095 (One Thousand and Ninety Five) days from the Deemed Date of Allotment being July 08, 2019.
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Redemption Date
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Shall mean the date falling at the end of 1095 (One Thousand and Ninety Five) days from the Deemed Date of Allotment being July 08, 2019.
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1095 (One Thousand and Ninety Five) days from the Deemed Date of Allotment being July 08, 2019.
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16-Nov-18
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1st Redemption
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14-Dec-18
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2nd redemption
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15-Jan-19
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3rd Redemption
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15-Feb-19
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4th Redemption
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15-Mar-19
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5th Redemption
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15-Apr-19
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6th Redemption
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15-May-19
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7th Redemption
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14-Jun-19
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8th Redemption
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And the final redemption falling at the end of 1095 (One Thousand and NinetyFive) days from the Deemed Date of Allotment being July 08, 2019.
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Redemption Amount
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Rs. 10,00,000/- (Rupees Ten Lakhs Only) per Debenture on the Redemption Date, Default Interest, liquidated damages, costs, charges and expenses(if any) payable under the Transaction Documents.
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Rs.10,00,00,000/-
(Rupees Ten Crore Only)
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payable on the first Redemption Date plus accrued Coupon if any
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Rs.10,00,00,000/-
(Rupees Ten Crore Only)
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payable on the 2nd Redemption Date plus accrued Coupon if any
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Rs.10,00,00,000/-
(Rupees Ten Crore Only)
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payable on the 3rd Redemption Date plus accrued Coupon if any
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Rs.10,00,00,000/-
(Rupees Ten Crore Only)
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payable on the 4th Redemption Date plus accrued Coupon if any
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Rs.10,00,00,000/-
(Rupees Ten Crore Only)
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payable on the 5th Redemption Date plus accrued Coupon if any
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Rs.10,00,00,000/-
(Rupees Ten Crore Only)
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payable on the 6th Redemption Date plus accrued Coupon if any
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Rs.10,00,00,000/-
(Rupees Ten Crore Only)
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payable on the 7th Redemption Date plus accrued Coupon if any
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Rs.10,00,00,000/-
(Rupees Ten Crore Only)
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payable on the 8th Redemption Date plus accrued Coupon if any
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Rs.20,00,00,000/-
(Rupees Twenty Crore Only)
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payable on the Final Redemption Date (ie., on 8th July 2019)plus accrued Coupon if any
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Dates of Redemption
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Amount INR
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16-Nov-18
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10,00,00,000
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14-Dec-18
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10,00,00,000
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15-Jan-19
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10,00,00,000
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15-Feb-19
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10,00,00,000
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15-Mar-19
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10,00,00,000
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15-Apr-19
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10,00,00,000
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15-May-19
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10,00,00,000
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14-Jun-19
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10,00,00,000
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08-Jul-19
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20,00,00,000
(Final Redemption)
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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 |