01-Oct-2026 23:30:52
BAJAJ FINSERV LIMITED PROPOSES PREFERENTIAL ALLOTMENT OF WARRANTS
The board has approved subscription to warrants convertible into equity shares for an aggregate cash consideration not exceeding ₹5,800 Cr. The preferential allotment is to be issued by Bajaj Finance Limited, a subsidiary of the company. The details of the allotment are enclosed as Annexure-A. • Name of the target entity: Bajaj Finance Limited, a deposit-taking NBFC-D registered with RBI. • FY26 turnover of Bajaj Finance Limited was ₹69,850.79 Cr. • The proposed subscription is exempt as a related party transaction. • Company holds 51.30% of Bajaj Finance Limited's equity share capital. • Allotment of warrants to be completed within 15 days from the date of the special resolution. • Price per warrant to be determined as per SEBI ICDR Regulations, not less than the floor price.
Bajaj Finserv Ltd
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