JM FINANCIAL PRODUCTS LIMITED - Bombay Stock Exchange

A. Internal Risk Factors:
In Section II – Risk Factors
2. Credit Risk, in the first paragraph - The gross loan portfolio of the Company was Rs. 2,222 crore as on
June 30, 2012 and Rs. 2,095 crore as on March 31, 2012.
4. Non-Performing Assets (“NPA”), in the paragraph - The Company had nil and 0.01% net NPAs as on
March 31, 2011 and March 31, 2012 respectively and its provisioning norms fully comply with the RBI
guidelines / directives.
In Section III – Disclosure as per Schedule I of Securities and Exchange Board of India (Issue and Listing
of Debt Securities) Regulations, 2008
Names and addresses of the Directors of the Issuer:
Mr. Vaddarse Prabhakar Shetty has been appointed as the Executive Chairman of the Company with effect from
June 1, 2012.
Mr. Darius E Udwadia has joined the Company as a director with effect from May 14, 2012. Mr. Udwadia is a
non-executive and independent director and is a senior partner of Udwadia Udeshi & Argus Partners,
Elphistone House, 1 st Floor, 17, Murzban Road, Mumbai – 400 001.
Brief summary of the business / activities of the Issuer and its line of business:
The gross lending portfolio stood at Rs. 2,222 crore as on June 30, 2012 and Rs. 2,095 crore as on March 31,
2012 (Rs. 1,988 crore as on March 31, 2011).
Changes in the capital structure of the Company:
There have been no changes in the capital structure of the Company post the disclosure made in the Shelf
Information Memorandum of the Company.
Details of Borrowings:
In the first paragraph - Total Loan funds (secured as well as unsecured) outstanding as on June 30, 2012
amounted to Rs. 2,953.18 crore and as on March 31, 2012 amounted to Rs 2,760.45 crore (Rs. 2,853.37 crore as
on March 31, 2011).
In the table - the details of the Borrowings are as under:
Particulars
LONG TERM BORROWINGS
A Secured Loans
As on June 30,
2012
(Unaudited)
As on March
31, 2012
(Audited)
(Rs. in crore)
As on March 31,
2011 (Audited)
1 Non-Convertible Debentures 50.00 270.50 -
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