Transaction Details

  • Acquiring Entity: Elpro International Limited
  • Target Entity: Jana Small Finance Bank Limited
  • Number of Shares Acquired: 92,000 equity shares
  • Previous Holding: Nil shares
  • Total Holding Post-Acquisition: 92,000 equity shares
  • Cost of Acquisition: ₹4.48 crores
  • Nature of Consideration: Cash consideration
  • Purpose of Acquisition: Investment purposes

Target Company Background

  • Industry: Banking and Financial Services
  • Position: Fourth largest Small Finance Bank in terms of AUM and deposit size
  • Customer Base: Served nearly 12 million customers since 2008, including 4.87 million active customers
  • Date of Incorporation: July 24, 2006
  • Geographic Presence: India

Financial Performance of Target Company

Turnover (Standalone)

| Particulars | FY 2025-26 (₹ Crores) | FY 2024-25 (₹ Crores) | FY 2023-24 (₹ Crores) |

| Interest Earned | 5,352.87 | 4,671.31 | 4,013.81 |

| Other Income | 1,021.90 | 775.86 | 670.24 |

| Total | 6,374.77 | 5,447.17 | 4,684.05 |

Transaction Characteristics

  • Related Party Transaction: No
  • Promoter/Promoter Group Interest: None
  • Governmental/Regulatory Approvals Required: Not applicable
  • Transaction Completion: Cash consideration (immediate completion implied)