 

Fiscal Year Events

 

2020 ¢ Gross loan portfolio of = 37,108.42 million with 477 branches and ~ 1.46 million customers as on
March 31, 2020

e Investments by Kotak Mahindra Life Insurance Company Limited and Teachers Insurance and
Annuity Association of America in our Bank.

2019 e Investments by DEG in our Bank

¢ Received long-term rating of ‘[ICRA] A’ from ICRA and short-term rating of ‘Al+’ from
CRISIL and short-term rating ‘[ICRA] Al+’ from ICRA

2018 e A new cluster of retail assets to provide finance for commercial vehicles, housing, MSME and

loan against property upon initiating SFB operations

Received rating of ‘[ICRAJAI’ for certificate of deposit programme from ICRA

Commenced operations as an SFB in January 2017

Included in second schedule to the RBI Act

Investment by Evolvence India Fund II Ltd, ResponsAbility Participations Mauritius, Jhelum

Investment Fund I, Gaja Capital Fund II Limited, TVS Shriram Growth Fund, and New Tech

Investments Limited in our Bank

2016 ¢ Received rating of ‘[ICRA] A (-)’ for non-convertible debenture programmes from ICRA.

e Received RBI final Approval to commence its SFB operations

e Investment by IDFC FIRST Bank Limited (previously known as IDFC Bank Limited), Polaris

Banyan Holding Private Limited, ASK Pravi Capital Advisors Private Limited, Dr. Aravind

Srinivasan and Kiran Vyapar Limited in our Bank

We became a public limited company in June 2015

159 branches and 0.49 million customers as on March 31, 2015

Received in-principle approval from RBI to establish an SFB

Investment by DWM (International) Mauritius Ltd in our Bank

 

 

 

2017

 

 

2015

 

2014 Investment by IFC in our Bank
Received listing permission from BSE in wholesale debt segment to issue debt securities

2013 e Investment by Lok Capital If LLC in our Bank

 

 

2012 e Investment from HDFC Holdings Limited and HDFC Standard Life Insurance Company Limited

 

 

in our Bank
2009 e Received RBI license for establishing an NBFC and commenced microfinance operations
e Investment by Aavishkaar Goodwell India Micro Finance Development Company Limited in our
Bank
2008 ¢ Incorporation of Suryoday Micro Finance Private Limited, founded and promoted by Baskar Babu

 

 

 

Ramachandran, Ganesh Rao and V. L. Ramakrishnan

 

Holding and subsidiary company, joint venture
As of the date of this Prospectus, our Bank does not have a holding company or a subsidiary company or a joint venture.
Shareholders’ agreements

Shareholders’ agreement dated March 20, 2019, as amended by way of an amendment agreement dated December 16,
2019 (“Shareholders’ Agreement” or “SHA”), entered into between our Bank, Sarva Capital LLC, HDFC Holdings
Limited, HDFC Life Insurance Company Limited, Jhelum Investment Fund I, IFC, DWM (International) Mauritius Ltd,
ResponsAbility Participations Mauritius, ASK Pravi Private Equity Opportunities Fund, IDFC FIRST Bank Limited,
Polaris Banyan Holding Private Limited, Kiran Vyapar Limited, Dr. Aravind Srinivasan, Gaja Capital India AIF Trust
(represented by its trustee, Gaja Trustee Company Private Limited), Gaja Capital Fund II Limited, Evolvence India Fund
II Ltd, TVS Shriram Growth Fund, Lok Capital Growth Fund, Americorp Ventures Limited, DEG, Kotak Mahindra Life
Insurance Company Limited, TVS Shriram Growth Fund 3, a scheme of TVS Shriram Growth AIF Trust, Teachers
Insurance and Annuity Association of America and our Promoters, namely Baskar Babu Ramachandran, P. Surendra Pai,
P. S. Jagdish and G. V. Alankara (the “Parties”) setting out their respective inter se rights and obligations vis-a-vis our
Bank in connection with the investments received by our Bank from several investors and Promoters.

In terms of the SHA, the investors and Promoters, as applicable, have been provided with certain key rights such as right

to nominate directors on the Board, rights to appoint observers, certain tag-along rights, pre-emptive rights and right to
restrict our Bank from issuing securities to restricted persons in accordance with the terms of the SHA.

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