Bajaj Finserv Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI Listing Regulations regarding its subscription to convertible warrants issued by its subsidiary Bajaj Finance Limited (BFL).
Transaction Details
On 10 November 2026, Bajaj Finserv Limited subscribed to 5,74,25,740 (5.74 crore) warrants issued by Bajaj Finance Limited on a preferential allotment basis. Each warrant is convertible into one equity share of BFL.
Financial Terms
The subscription was executed at an issue price of ₹1,010 per warrant, resulting in a total investment of ₹57,99,99,97,400 (₹5,799.99974 crore, approximately ₹5,800 crore).
Background and Approval
This transaction follows the board approval received on 1 October 2026, which authorized the subscription to warrants for an aggregate cash consideration not exceeding ₹5,800 crore by way of preferential allotment on a private placement basis.