TVS VENU to acquire minor stake in Jana Small Finance Bank
Mumbai, May 18 -- TVS VENU has agreed to acquire a minority stake in Jana Small Finance Bank through a combination of primary issuance of warrants and a secondary purchase for an equity ownership of up to 9.9% on a fully diluted basis, which includes 4.9% to be owned by TVS Motor Company, subject to all applicable approvals.
Published by HT Digital Content Services with permission from Capital Market....
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