Press Release For Public Issue By JM Financial Credit Solutions Limited Of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures Of Face Value Rs. 1,000 Each ('Secured Ncds') Aggregating To Rs. 20,000 Million

• Security Code: 523405
• Company: JMFINANCIL

We enclose herewith, the press release dated May 22, 2018 issued by one of our subsidiaries, JM Financial Credit Solutions Limited ('Company') pertaining to the public issue of Secured NCDs aggregating upto Rs. 20,000 million, with a base issue size of Rs. 3,000 million and with an option to retain oversubscription upto Rs. 4,500 million aggregating upto Rs. 7,500 million, which is within the Shelf Limit.

The Company has filed the draft shelf prospectus dated May 04, 2018 with BSE Limited and has filed the Shelf Prospectus and Tranche I Prospectus dated May 16, 2018 with the Registrar of Companies, Maharashtra, Mumbai, BSE Limited and SEBI in compliance with the Securities and Exchange Board of India (Issue of Listing and Debt Securities) Regulations, 2008, as amended.

Kindly disseminate the above information on your website.