Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Jana Small Finance Bank Limited

Meeting Details

The 20th Annual General Meeting was held on Tuesday, 29th September 2026 at 11:00 A.M. (IST) through Video Conferencing/Other Audio Visual Means without physical presence of members, in accordance with MCA General Circular No. 03/2025 dated September 22, 2025 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024.

Proposed Resolutions and Implications

Five ordinary resolutions were proposed for shareholder approval:

1. Adoption of Standalone Audited Financial Statements for FY ended 31st March 2026 with reports of Board of Directors and Auditors

2. Re-appointment of Mr. Rahul Khosla (DIN: 03597562) as director retiring by rotation

3. Approval of remuneration of Mr. Ajay Kanwal (DIN: 07886434), Managing Director & CEO for FY2026-27

4. Approval of remuneration of Mr. K S Raman (DIN: 10380292), Executive Director for FY2026-27

5. Re-appointment of Mr. K S Raman (DIN: 10380292) as Executive Director

Voting Process and Methods

The voting process utilized both remote e-voting prior to the meeting and electronic voting during the AGM through the NSDL e-voting system. The remote e-voting period commenced on Saturday, 26th September 2026 at 9:00 AM and ended on Monday, 28th September 2026 at 5:00 PM. The cut-off date for determining voting eligibility was Wednesday, 23rd September 2026, with 50,284 shareholders eligible to vote.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 5,21,93,536
  • Votes in favor: 5,21,93,536 (99.99%)
  • Votes against: 80 (0.01%)
  • Number of shareholders voted: 157
  • Invalid votes: Nil

Resolution 2: Re-appointment of Mr. Rahul Khosla

  • Total votes cast: 5,22,11,657
  • Votes in favor: 5,02,95,177 (96.33%)
  • Votes against: 19,16,480 (3.67%)
  • Number of shareholders voted: 161 (124 in favor, 37 against)
  • Invalid votes: Nil

Resolution 3: Remuneration of Mr. Ajay Kanwal

  • Total votes cast: 5,22,11,657
  • Votes in favor: 5,22,06,588 (99.99%)
  • Votes against: 5,069 (0.01%)
  • Number of shareholders voted: 153
  • Invalid votes: Nil

Resolution 4: Remuneration of Mr. K S Raman

  • Total votes cast: 5,22,11,657
  • Votes in favor: 5,22,11,505 (99.99%)
  • Votes against: 152 (0.01%)
  • Number of shareholders voted: 156
  • Invalid votes: Nil

Resolution 5: Re-appointment of Mr. K S Raman

  • Total votes cast: 5,22,11,657
  • Votes in favor: 5,22,11,295 (99.99%)
  • Votes against: 362 (0.01%)
  • Number of shareholders voted: 155
  • Invalid votes: Nil

Participation Breakdown

Total shareholders participating through video conferencing: 55

Total eligible shareholders as of cut-off date: 50,284

Scrutinizer's Role and Findings

Mr. Nagendra D. Rao, Practising Company Secretary, was appointed as Scrutinizer by the Board of Directors vide resolution dated August 13, 2026. He scrutinized the e-voting process in a fair and transparent manner and confirmed that all resolutions were passed with the requisite majority. The scrutinizer verified that no member exercised voting rights exceeding 26% of total voting rights in compliance with Section 12(2) of the Banking Regulation Act, 1949 and RBI guidelines.

Compliance Confirmation

The voting process complied with Section 108 of the Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014, SEBI LODR Regulations, and relevant MCA and SEBI circulars. Advertisement for the meeting was published in Business Standard (English) on 4th and 5th September 2026 and Vishwavani (Kannada) on 4th and 5th September 2026.