Fundraise / allotmentFiled on BSE ·

Bajaj Finance Limited approves raising up to ₹11,700 Cr via QIP and ₹5,800 Cr via warrants

Bajaj Finance Ltd · Finance

What the filing says

  • Board approved raising capital up to ₹11,700 crore through Qualified Institutions Placement by equity shares
  • Preferential issue of warrants convertible into equity shares for up to ₹5,800 crore to Bajaj Finserv Limited
  • Warrants require minimum 25% consideration on allotment, balance on conversion; non-exercise within 18 months leads to forfeiture

Original filing

Announcement under Regulation 30 (LODR)-Preferential Issue

Read the filing on BSE (PDF) →

Companies guiding to strong growth

Ranked by management's own guidance on revenue and margins — not by us.

Waaree Energies

Electrical Equipment

Revenue growth 40%+Margin up 2%+

Sign up free to see all 6 →

See full rankings

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

More from Bajaj Finance Ltd

Other fundraise / allotment filings this fortnight

All fundraise / allotment filings →

Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.