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CTL/DEB/19-20/Noting Certificate/ 6064

November 14, 2019

To Whomsoever It May Concern,

CERTIFICATE FOR RECEIPT AND NOTING OF INFORMATION

[Pursuant to Regulation 52(5) of the Securities and Exchange Board oflndia (Listing Obligationsand Disclosure Requirements) Regulations, 2015]

We, Catalyst Trusteeship Limited ("Debenture Trustee") hereby confirm that we have receivedand noted the information, as specified under regulation 52(4) of Securities and Exchange Boardof India (Listing Obligations and Disclosure Requirements) Regulation, 2015 ("Regulations"),provided to us by Jana Holding Limited ("the Company") for the Half year ended September30, 2019.

This Certificate is being issued pursuant to the requirements of regulation 52(5) of the aforesaidRegulations, for onward submission to Stock Exchange(s) by the Company.

Encl: Results submitted by Company

CATALYST TRUSTEESHIP LIMITED ,:..:!FO""RM:::cE:.:.,RLv'--'c""oA::..:.TR::.::u"'-sre""•s:::.:Hl:;,..;P':::.::'M"'-1r•=.::o>'-------------------------A_n_1s_o:_90_0_1 c_o_mp_a_nyMumbai Office Windsor, 6'" Floor, Office No. 604, C.S.T. Road, Kalina. Santacruz (East). Mumbai 400 098 Tel +91 (022) 4922 0555 Fax +91 (022) 4922 0505Regd. Office GDA House. Plot No. 85, Bhusari Colony (Right). Paud Road, Pune 411 038 Tel +91 (020) 25280081 Fax +91 (020) 25280275Delhi Office Office No. 810, 8th Floor, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi - 110001 Tel 11 430 29101/02.CIN No. U74999PN1997PLC110262 Email dt@ctltrustee.com Website www.catalysttrustee.comPune I Mumbai I Bengaluru I Delhi I Chennai

CIN: U74900KA2016PI.C086838

121h November 2019

To

Listing OperationsBSE Limited,PI Towers, Dalal Street,Mumbai? 400001.

Dear Sir /Madam

Sub: Submission of Unaudited Financial Statements along with the.Limited ReviewReport for the Half year ended 30th September 2019 pursuant to Regulation 52 ofSEBI. (Listing Obligations and Disclosure Requirements) Regulations 2015 readwith relevant circulars.

This is to inform you that with reference to the above cited subject, the Board of Directorsat their Meeting held on 12th November 2019 considered and approved the UnauditedFinancial Statements along with the Limited Review Report for the Half Year ended30th September 2019, which are attached herewith.

Further, pursuant to provisions of Regulation 52( 4) of SEBI (Listing Obligations andDisclosure Requirements) Regulations 2015 and other applicable provisions,. read withCirculars. made thereunder, we are herewith submitting the below information for theHalf year ended 30tJ1 September 2019.

As per Annexure 1

(There is no change in. made earlier)

. "

As per Annexure 1

As per Annexure 1

········-·------"--.. --.:??"' .. ····-··=---

.. ? _

IDetailss

1. Credit rating and change in credit rating (if any);

2.

5.

7._

Interest service coverage rati?.L·-··--·····----

?_A_*-····-······--·····-···---·-······---8. Outstanding redeemable preference shares Not Applicable

(quantity ?value);__ ----···------···"'-·····--······

Next due date for the paymentdividend of non-convertible preference shares/principal along with the amount of interest/dividend of non-convertible preference sharespayable and_theredemption amount;

.....

? Debt service coverage ratio;---···--··-·-·-··-·--···------

-?(-i*····-··---·········---·

Asset cover available, in case of non convertibledebt securities;

,.

-?-..

Debt-Equityratiq;II----····-·---,·········-

-·-- --·····-··4. Previous due date for the payment of interest/dividend for non convertible debt securities andwhetl1ertl11;i same

Registered Office: No. 4/1 to 4/8, Meanee Avenue Road, Old Tank Road, Ulsoor, Bangalore- 560\tUvt.a.tf' i'tl:M)(ci);ev1.aJtoJ.Pl

.."rLcg , /,1 · fl k '. ORD 11 :J..S 6bl '()1) 1 lo<!N cu1uu1Ja t--t\ k,.,J,,,/ :MA

•to,1"'--'

#Debt Equity Ratio= Total Liabilities/Total Equity* Debt service coverage ratio, Asset Cover and ratio, not

applicable to NBFC's registered with RBI as provided in proviso to Regulation 52 (4) of SEBJ(LODR)Regulations 2015.

Kindly take the same on your records.

Vidya Sridharan

Company Secretary and Co

Meanee Avenue Road, Old Tank Road, Ulsoor,

a

CIN: U74900KA2016Pl.C0868:38

AnnexureJ

Scrip Code! Series\ ISIN

9570431 Series AlINE682V07010

Latest Credit

Rating

PP-MLD lCRA B+

(Negative)

Previous Due Date

{Interest/Principal)

Interest: NA

Principal: NA

Next Due Date

(Interest / Principal)

Interest: 28-Sep-2023 Principal:28-May-2023

9570441 Series BllNE682V07028

PP-MLD !CRAB+

(Negative)Interest: NA

Principal: NA

Interest: 28-Sep-2023 Principal:28-May-2023

9570451 Series Cl--e-

PP-MLD !CRAB+

INE682V07036 (Negative)Interest: NA

Principal: NA

·f·-----·······---···----------

Interest: 28-Sep-2023 Principal:1

2-8-May-2023

Interest: 28-Sep-2023 Principal:28-May-2023

Interest: NA

Principal: NA(Negative)9570461 Series DI

INE682V07044

------·----·---- --1----·········-·--·--l----- -----t----·······----···-·--·---······ -·----

PP-MLDICRA B+

Interest: 28sSep-2023 Principal:28-May-2023

Interest: NA

Prini:;ipal: NA

9570571 Series Pl!NE682V07069

po ?A!._!)irn I\ B+ ')9570471 Series El "·"'_,..

Interest: NAinterest: 28-Sep-20,.3 Principal:

?--I-N_E-68_2_v_o_1_0_5_1__

-1--(-N-eg.ative)I__ .___

----+----28_-_M_a_y_-z_o_z·3·····---?, ..

__j___

Princip?:NA

....

PP-MLD ICRA B+.

(Negative)

9570581 Series GIINE682V07077

9578111 Series HI!NE682V07085

PP-MLD ICRA B+

(Negative)

PP-MLD I.CR.AB+

(Negative)

Interest: NA

Pl'incipal: NA

l!iterest: NA

Principal: NA

Interest: 28-Sep-2023 Principal:28-May-2023

·--------

Interest: 26-May-2023 Principal:26-May-2023

?'.'"""':""'.'··,···?---·------;--·------·+-----·---r----·---

9585501 Series IIJNE682V07093

"-·--------

9585471 Serie

INE682V07

IND B+ /Stable

!ND B+ /Stable

Interest: NA

Principal: NA

Interest: NA

Principal: NA

Interest: 30-Nov-2023 Principal:30-Nov-2023

Interest: 21-Dec-2021 Principal:21-Dec-2021

9585341 Series (J2)1lNE682V07101

IND B+ /StableInterest: NA

Priridpal: NA

Interest: 27-Dec-2021 Principal:27-Dec-2021

Inte.rest: 17-Jan-2022 Principal:17-Jan-2022

Interest: 04-Jan-2022 Principal:04-Jan-2022

·····-··------········--·-···--···--······,

,

Interest: m-Feb-2022 Principal:01-Feb-2022

Interest: NA

Prindpal: NA

Interest: NA

Principal: NA

IND B+ /Stable9585291 Series 03)1!NE682V07127

I958548 I Series U4) I IND B+ /Stable j

i----.·······-8I-·N··-·5_E6......

8

...

:.....

V

..... 0_7_1_3G-55_)."J·- --------1-I-N-f)-,-7+,/S'tablE?'1:95 5, 0 veries I,.,

NA

lInterest:

. .INE682V07143Principal: NA

-----"'"""'·····-·········--?-···-·--------·······-·----.J

--------?

Registered Office: No. to 4/8, Meanee Avenue Road, Old Tank Road, Ulsoor, Bangalore- 560 042

Scanned by CamScanner

Scanned by CamScanner

"""''""''11"" 30, 2018, was mvlewed by anothN11n umnoctified concfoslon on those

Scanned by CamScanner

,lANA HOLDINGS LlMlTED

No.4/1 to 418, Mc:.ote Avenue Rolld, Old Tank Road, Ulsoor, Benguluru - 560 042

CIN: U74900KA2016PLC086838

Stlltement of Assets and Lfabllitics of the Company as on September 30, 2019

930.09

l9,92Ll476,13,012.50

l,88,63,724.94 l,88,76,444.30

32.684.53327.36

1,88,30,419.763.16

1g dues of micro enterprisesan

(b) Total ou!Standiogdues of creditors other than·

micro enterprisesand small enterprisesii) Debt securities

iii}Other financial liabilities

Particulars

Total Liabilities and E uitv

Eqtiifyi) Equityshare capilulii) Other equily

Nnn-finnncial liabilit!cs

i) Other non-financial liabilitfos

Finnndal assets

i) Cash and cash eqtdvalentsii) Bank balance (other than '(i)' above)iii) Investments

iv}Other finnncie] assets

2

2 Non-fi!lancial assets

i) <;urrcnt tax assets (net)ii) equipmentiii)

B

l

3

SI.No.

JANA HOLDINGS UMlU:t>No.4/1 to 4/8, Meanee Avenue Road, Old Tank Rlmd, UJ$oor, Uengaluru-560 042

CtN: ll7490-0KA2016Pl,C086838Statement of lln911dited J'inancfol Rflulls for the half year ended September 30, 2019

6 Other c11mprchrnslvc lncom? {OC[)

7 1',itnl comp-rehensiw: Joss for the j".Cllr {5+6)

'fqtal Expenses (n+b+c+d+c)

3 l .oss,bef<lre lax (l-2)

.j Tax expense:

(a) Currenttax

(b) Deferred (a.'( charge/ (credit)Total ta:. cx11en.'!e (a+b)

731.84

7.31.84

(253.99)(253.99)

10,i/O

($,OS,980.40

!>,53,808.l 6

Particulars

Revenue

a) Revenue ftom opemtion(i) Interest income

b) Other income

T<1tal Revenu? (ll+b)

Expensesa) Finance costs

b) Impairment on financiul instrumentsc} Employee hcn?fits expensesd) Dcprccia1i<>n,amortisation aud Impalnncnte) Other ;,xpcnst-s

Loss after ll\X (J-4)

Earnings per share*

(a) Basic UPS (in Rupees)(h) Diluted EPS (fo Rupee,;)Pace vnlue per shwe (in R11pces)

2

5

8

SJ.No.

• not annualised

JANA HOLOINGS LIMITED

1) (Li obligations and Disclosure requirements)tembcr 30 0 I 9 has been carried out by the Statutory

Notes:

l The Companyis a Non-Banking Financial Company (NBFC) Non Operating Financial HoldingCompany(NOFHC) registered with theReserve Bank oflndia effective January 27, 2017.

2 The unaudited financial results for the half year ended September 30, 2019 have been reviewed by the Audit Committee and approved bythe Board of Directots.at their respective meetingsheld on November 12. 2019.

3 The Statement ha'l been prepared in accordance with recognition and measurement principleslaid down in accordance with the IndianAccountingStandard 34 "Interim Financial Reporting'' ('Ind dcr Section !33 of the Companies Act, 2013 ('tl1cAct') read with Rule 3 of the Companies (Indian Accounting Standards)Rul 15 and the relevant rules issued thereunder and otherrecognized accounting practic olicies.

4 In compliance with Regulation 52 the Securities Exchange Board of IndiaRegulations,2015, a limited review of financial results for the half year ended

Auditors.

5 Jana Holdings Limited ('the Company') is a NOF! IC of Jana Small Finance Bank Limited ("JSFB'') and has no operations of its own.As per the terms and conditions of the license issued to the Bank to commence small co bank business under Section 22 of theBanking Regulation Act, 1949 vide letter DBR,NBD.(SFB-JFS)No. 16.1321 28 2017 {'Licensing Letter'). theCompany is required to eomply with !he provisions of paragraph 2 (H)(ii) of Guidciincs for Licensing of New Banks in the PrivateSector dated February 22, 2013 which refers to Capital Adequacy('CAR') (mmplianeeon a consolidated basis by the NOFHC as per RB Iguidelines.For the half year ended 30 September 2019, the Company CAR computed on consolidated basis is below the regulatory minimum or15%. This is due.to fact that Non-Converti ') that have been issued by the Company and invested as equity inbank, which are not considered as capital on a con. to resolve the issue, the Companyhas evaluated merger optionwith Jana Capital Limited (the holding Company and a Core Investment Company) and is in the process of1iling requisite documentswith RBl for its approval.

6 The Company is a NOFHC of Jana Small Finance Bank Limited {'JSFB' or 'the Bank') and has no operation of its own. As per thelicensingconditions and in accordance with Section 45-IA orthe RB! Act 1934, and Master Direction DNBR.PD.008/03.10.119/2016-17 dated September I, 2016, the Company is required lo adhere to the prescribed net owned funds requirement of INR 200 Lakhs to

carry on the bnsines..? of a non-banking financial institution,

The Company has shortfall of the prescribed minimum net owned fund as of September JO, 2019.The main reason fur shortfall is on

account of accumulated losses arising due to cost of borrowings, interest accruals and accrual of redemptionpremium. In order to resolvethe issue, the Company has evaluated merger option with JMa CapitalLimited (the holding Companyand a Core lnvestme,'!lt Company}

7 The Board in its meeting held on October 21, 2019 has evaluated the option of ' the Companywhich is being a Non-OperatingFinancial Holding Company with its holding Companywhich is a Core Investment y and accorded its approval for initiatingthe

merger of the Company and ls in lhe process of filing requisite documents with RBI for its in-principleapproval. As per the extantguidelines of the RBI for Small Finance Bank as well as Universal Banks, the requirement of havinga Non OperatingFinancial HoldingCompany has been dispensed wiih. Further, such merger of subsidiary with Holding Company will help reduce the number of

Authorities, besides resulting in lower operatingcosts.

its business segment and accordingly there are no separate reportable segments in8

compliances to be reportedThe Companyis NOFHC and has

accordance with lndA? 108 "Operating Segment".9 The Board allotted Equity Shares to Jana Capital Limited to theextentofINR 148.99 Crates on October 30, 2019.

lO Reserves include StatutoryReserve as per Section 45-IC of Reserve Bank of India Act 1934, balance in securities premium and retainedearnings.

11 Pnwions period figures have been regroupedand reclassiffod, wherever necessary, to make them comparablewith current period figures.

F?GSLRqjamani

Muthuc)/YMD & CEO (DrN: if&o80999) Place : Ban1?alore

Date: 12/11/2019