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(18/05/2026 13:16)

TVS Motor to buy 4.9% stake in Jana Small Finance Bank for Rs 193 cr

TVS Motor Company on Monday announced that it will acquire a 4.9% stake in Jana Small Finance Bank for around Rs 193.32 crore.

The investment forms part of a broader transaction by TVS VENU to acquire up to 9.9% equity ownership in the bank on a fully diluted basis through a mix of warrant subscription and secondary share purchase.

The company said its board has approved a Share Purchase Agreement with Jana Holdings for the acquisition of over 51.6 lakh equity shares, representing 4.9% of Jana Small Finance Bank’s paid-up share capital as of May 18, 2026.
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