Bajaj Finance Limited has approved the preferential issue of 5,74,25,740 warrants convertible into equity shares to its promoter and holding company, Bajaj Finserv Limited. The issue price is set at ₹1,010 per warrant, aggregating to a total of approximately ₹5,799.99 crore. This decision was made in accordance with SEBI regulations and aims to strengthen the company’s capital base.
Preferential Issue of Warrants Approved
Bajaj Finance Limited announced today, November 10, 2026, that its Special Committee of the Board of Directors has approved the preferential issue of warrants to its promoter, Bajaj Finserv Limited. This issuance is conducted under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Key Details of the Issue
The approved issue involves 5,74,25,740 warrants, each convertible into one equity share of face value ₹1. The issue price for each warrant has been fixed at ₹1,010. The total amount aggregated from this preferential issue is approximately ₹57,99,99,97,400 (Rupees Five Thousand Seven Hundred Ninety-Nine Crore Ninety-Nine Lakh Ninety-Seven Thousand Four Hundred Only).
Regulatory Compliance
This decision is in compliance with the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Meeting Details
The Committee meeting to discuss and approve this issue commenced at 10:15 hours and concluded at 10:30 hours on November 10, 2026.
Source: BSE
