JM FINANCIAL PRODUCTS LIMITED - Bombay Stock Exchange

I. Common Terms of the NCDs:
SUMMARY TERM SHEET
Issuer JM Financial Products Limited
Debenture Tranche Tranche B
Nature of Debentures Secured, Rated, Listed, Redeemable, Non Convertible
Debentures
Proposed Listing of NCDs WDM segment of BSE
Issuance In dematerialised form
Trading In dematerialised form only
Depository(ies) NSDL and CDSL
Security and Ranking of Security The NCDs being issued in this Tranche are proposed to be
secured through a first pari passu charge / mortgage /
hypothecation over portions of the Movable Property or such
other property as may be identified by the Company as set out
in the relevant debenture trust deed / security documents. Please
refer to the paragraph on Security in the IM for further details.
Further Security Option The Company may provide or cause to be provided (without
being obliged to) such further security (including over
immovable property) for securing its obligations in respect of
the Debentures or any Tranche(s) thereof as may be decided by
the Company without requiring the consent of the Debenture
Trustee and/or the Debenture Holders
Security Cover 1.25 times
Credit Rating CRISIL has assigned a rating of “CRISIL AA-/Stable” to the
long term Non-convertible Debenture issue programme of upto
Rs. 700,00,00,000/- (Rupees Seven Hundred Crore only) of the
Company. Instruments with this rating are considered to have
the high degree of safety regarding timely servicing of financial
obligations. Such instruments carry very low credit risk.
Other Terms and Conditions: Other terms and conditions specific to this Tranche would be
stated in the Transaction Documents.
Settlement by way of Cheque / Demand Draft / Pay Order / Direct Credit / ECS /
NEFT / RTGS / other permitted mechanisms
Tranche Opens on September 21, 2012
Tranche Closes on September 21, 2012
Tranche Pay-in Date September 21, 2012
Tranche Deemed Date of Allotment September 21, 2012
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