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Bajaj Finance to Raise Rs 17,500 Crore via QIP and Warrants
M
Moneycontrol•02-10-2026, 15:41
Bajaj Finance to Raise Rs 17,500 Crore via QIP and Warrants
- •Bajaj Finance's Board of Directors approved proposals to raise up to Rs 17,500 crore.
- •The fundraising will occur through a Qualified Institutional Placement (QIP) and a preferential issue of warrants.
- •Up to Rs 11,700 crore will be raised via QIP, issuing equity shares to qualified institutional buyers.
- •A preferential issue of warrants will raise up to Rs 5,800 crore, convertible into equity shares.
- •The proposals are subject to regulatory, statutory, and shareholder approvals, including an Extra Ordinary General Meeting (EGM).
Key Questions Answered
Bajaj Finance plans to raise up to Rs 17,500 crore through a combination of a Qualified Institutional Placement and a preferential issue of warrants.
The company intends to raise up to Rs 11,700 crore through a QIP and up to Rs 5,800 crore via a preferential issue of warrants.
The proposals are subject to regulatory and statutory approvals, including clearance from the company's shareholders through an Extra Ordinary General Meeting.
