Jana Small Finance Bank Limited has announced a postal ballot seeking shareholder approval for the appointment of three Non-Executive Independent Directors. The notice, issued on March 24, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the bank's proposal to formalize the appointments of directors who were previously appointed as Additional Directors.

Proposed Director Appointments

The postal ballot covers three special resolutions for the appointment of Independent Directors:

All three appointments are proposed for five-year terms as Independent Directors who shall not be liable to retire by rotation.

E-Voting Schedule and Process

The bank has established a comprehensive timeline for the postal ballot process:

The bank has appointed Mr. Nagendra D Rao, Practicing Company Secretary (FCS No. 5553; CP No. 7731), as the Scrutinizer for conducting the postal ballot through remote e-voting process. National Securities Depository Limited (NSDL) will provide the e-voting facility.

Director Profiles and Expertise

Mr. Ajay Rotti Jayathirtha

Aged 46 years, Mr. Jayathirtha brings extensive tax and regulatory expertise as Founder and CEO of TaxCompaas Advisors Private Limited. With qualifications including B.Com, FCA, LLB, and Advanced Diploma in Management Accounting, he has over 22 years of experience in corporate tax, transfer pricing, and international taxation. His previous roles include Partner positions at Dhruva Advisors LLP and KPMG.

Mr. Pankaj Razdan

At 57 years, Mr. Razdan is a veteran financial services leader with over 30 years of experience across wealth management, asset management, insurance, lending, and capital markets. He currently serves as Founder & Chairman of Revanta Capital and holds directorships and committee memberships at Delta Corp Ltd, including positions on the Audit Committee and Risk Management Committee.

Mrs. Malini B Mallikarjun

Aged 52 years, Mrs. Mallikarjun brings over 30 years of legal and advisory experience. With BA and LLB (Hons) qualifications, she currently leads BhuSampada at the National Institute of Advanced Studies (NIAS). Her career spans roles as Partner at BMR Advisors, Director at Ernst & Young, and Senior Leader at the Piramal Foundation.

Remuneration Structure

Each Independent Director will receive standardized compensation:

Regulatory Compliance

The appointments comply with Section 149, 150, and 152 of the Companies Act, 2013, and Regulation 16(1)(b), 17, and 25(2A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors has conducted due diligence under RBI's 'Fit & Proper' norms and confirmed all candidates meet the required criteria for independent directorship.

Shareholders can access the complete postal ballot notice on the bank's website at www.janabank.com , stock exchange websites, and NSDL's e-voting platform at www.evoting.nsdl.com .

Jana Small Finance Bank Limited has announced the appointment of Mrs. Malini B Mallikarjun as Additional Director (Independent Director), effective March 20, 2026. The appointment was communicated to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The key details of Mrs. Mallikarjun's appointment are structured as follows:

Professional Background

Mrs. Malini B Mallikarjun brings extensive experience spanning over 30 years in various leadership roles. Her career encompasses diverse areas including tax advisory, in-house tax counsel, partner leading micro practice in professional services, and leadership in large implementing philanthropic foundations.

Currently, she leads BhuSampada, a Centre working at the intersection of land governance and climate mitigation, at the National Institute of Advanced Studies (NIAS). Her career trajectory demonstrates her ability to navigate complex regulatory regimes, engage multiple stakeholders, and lead complex transformations.

Previous Professional Experience

Mrs. Mallikarjun's professional journey includes significant roles at prominent organizations:

• Former Partner at BMR Advisors: Specialized in indirect taxes and foreign trade
• Director at Ernst & Young: Advised multinational clients on regulatory frameworks and fiscal planning
• Senior Leader at Piramal Foundation: Co-founded the Systems Change Program, partnering with state governments to improve public education and health systems

Educational Qualifications and Expertise

An alumna of the National Law School of India University (NLSIU), Mrs. Mallikarjun brings a multidisciplinary approach to board governance. Her expertise combines legal rigour, understanding of ESG frameworks, and ability to engage with multiple stakeholders to arrive at strategic decisions.

Regulatory Compliance

Jana Small Finance Bank Limited has confirmed that Mrs. Malini B Mallikarjun is not debarred from holding the office of Directors pursuant to any SEBI order or by any other Regulatory Authority. The appointment complies with all regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.