Bajaj Finserv Limited has subscribed to 5,74,25,740 warrants in its subsidiary, Bajaj Finance Ltd. (BFL), for an aggregate amount of ₹57,99,99,97,400. These warrants are convertible into equity shares at an issue price of ₹1,010 per warrant. This action is a continuation of a prior board decision to invest up to ₹5,800 Crore in BFL via preferential allotment.
Bajaj Finserv Invests in Subsidiary Warrants
Bajaj Finserv Limited announced today, November 10, 2026, that it has subscribed to a significant number of warrants issued by its subsidiary, Bajaj Finance Ltd. (BFL). This investment is part of the company’s strategy to bolster its stake in its key subsidiary and reflects continued confidence in BFL’s growth prospects.
Subscription Details
The company has subscribed to 5,74,25,740 warrants, each offering the right to convert into one equity share of Bajaj Finance Ltd. The issue price for each warrant was set at ₹1,010. This subscription represents an aggregate investment of ₹57,99,99,97,400 (Rupees Five Thousand Seven Hundred Ninety-Nine Crore Ninety-Nine Lakh Ninety-Seven Thousand Four Hundred Only).
This move follows a decision made by the Board of Directors of Bajaj Finserv, which had previously approved the subscription to warrants convertible into an equivalent number of equity shares for an aggregate cash consideration not exceeding ₹5,800 Crore. The subscription was made on a preferential basis through a private placement.
Source: BSE
