The Board of Directors of Bajaj Finserv has approved the issuance of 27,36,768 equity shares to the Bajaj Finserv Employee Stock Option Plan (ESOP) Trust. These shares, with a face value of Re. 1 each, will be issued at respective grant prices. The decision was made during a board meeting held on February 4, 2026.
Equity Share Issuance Approved
The Board of Directors of Bajaj Finserv has authorized the issuance of new equity shares under its Employee Stock Option Scheme. This decision aims to facilitate the exercise of options by the company’s employees.
Details of the Issuance
The company will issue 27,36,768 equity shares to the Bajaj Finserv ESOP Trust. The face value of each share is Re. 1, and they will be issued at prices determined by the grant.
Financial Implications
The total value of the shares to be issued is approximately ₹284.54 crore. These shares will rank equally with the company’s existing equity shares.
Board Meeting Summary
The board meeting, which took place on February 4, 2026, commenced at 11:30 a.m. IST and concluded at 1:10 p.m. IST.
Source: BSE
