Launch of Mayflower Capital – May 18, 2017

With the objective of diversifying company’s revenue stream as well as proper segregation of business segments, Jaguar Investments registered a subsidiary – Mayflower Capital Pvt. Ltd. on May 18, 2017. With the commencement of Mayflower, Jaguar shall now be completely focused on investment related activities such as in the stock market, fixed income, private equity, venture capital and real estate. Similarly, business segments that directly involve service income such as fund management, financial advisory and investment research shall be handled entirely by Mayflower Capital. We believe that through proper segregation of service and non-service income businesses, Jaguar Investments will be better organized and have a stronger platform as we continue to diversify our businesses.