Bajaj Finance has announced the approval of the issue of 49,00,737 equity shares under its Employee Stock Option Scheme, 2009. The shares, each with a face value of Re. 1, will be granted at their respective market prices to the Trustees of the BFL Employee Welfare Trust. This decision was made by the company’s Board of Directors during a meeting held on October 19, 2026.
Board Approves Equity Share Issuance for Employee Welfare Trust
The Board of Directors of Bajaj Finance Limited convened on October 19, 2026, to discuss and approve key corporate actions. During this meeting, the Board sanctioned the issuance of 49,00,737 equity shares. These shares will be allocated under the existing BFL Employee Stock Option Scheme, 2009.
Details of the Equity Grant
Each equity share has a nominal face value of Re. 1. The shares are to be issued at their respective grant prices to the Trustees of the BFL Employee Welfare Trust. This move is intended to facilitate the implementation of the employee stock option scheme, aligning employee interests with the company’s growth.
Board Meeting Schedule
The Board Meeting commenced promptly at 16:15 Hours IST and concluded its deliberations at 17:32 Hours IST on the same day. This approval is a significant step in the company’s ongoing employee incentive programs.
Source: BSE
