Jana Small Finance Bank Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 29, 2025. Further, the company has informed the Exchange regarding voting results.
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Jana Small Finance Bank held its 19th AGM on August 29, 2025, via video conferencing, where shareholders voted on 7 resolutions, and all were passed with overwhelming majority. The resolutions included adoption of the audited financial statements for FY ending March 31, 2025 (99.99% in favour), re-appointment of Mr. Ajay Kanwal as a director (99.99% in favour), appointment of M/s. Nagendra D. Rao & Associates as Secretarial Auditor (99.99% in favour), and approval of remuneration for Mr. Ajay Kanwal as MD & CEO (99.82% in favour, with 0.18% against) and Mr. K S Raman as Executive Director (99.99% in favour) for FY 2025-26. A special resolution to raise funds through debt securities on a private placement basis was also approved (99.99% in favour). Another special resolution approved the new 'Jana Employee Stock Option Plan 2025/ESOP Scheme 2025' (99.99% in favour), with interested parties' votes excluded from these counts. As of the cut-off date (August 21, 2025), the bank had 53,020 shareholders, of whom 59 participated in the AGM through VC.
All resolutions passed with near-unanimous support, including key items like MD/CEO remuneration and a new ESOP scheme, reflecting strong shareholder confidence. The approval to raise debt securities on a private placement basis and the new ESOP plan signal plans for capital raising and employee incentivization, which could modestly support future growth and talent retention.