Bajaj Finserv Limited’s Board of Directors met on 31 July 2026, approving the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026. The board also sanctioned the issue of 15,11,358 equity shares to the Bajaj Finserv ESOP Trust at applicable grant prices. Additionally, the company received approval to pursue re-insurance business through a future subsidiary, pending regulatory approvals.
Financial Results and ESOP Approval
At a meeting held on 31 July 2026, the Board of Directors of Bajaj Finserv Limited approved the unaudited standalone and consolidated financial results for the quarter ending 30 June 2026. These results, prepared as per Indian Accounting Standards (Ind AS), were submitted with limited review reports containing unmodified opinions. The board also approved the issuance of 15,11,358 equity shares, each with a face value of Re.1, to the Bajaj Finserv ESOP Trust. These shares will rank pari-passu with existing equity shares and will be issued at applicable grant prices, in line with the company’s Employee Stock Option Scheme and SEBI regulations.
Strategic Expansion into Re-insurance
In a significant strategic move, the Board has granted its in-principle approval for Bajaj Finserv to venture into the re-insurance business. This initiative will be undertaken through a new subsidiary that is yet to be incorporated. The pursuit of this new business line is contingent upon obtaining necessary approvals from the Insurance Regulatory and Development Authority of India (IRDAI) and other relevant authorities. The meeting commenced at 10:45 a.m. IST and concluded at 11:50 a.m. IST on 31 July 2026.
Source: BSE
