📰 ET Stocks ⚪ NEUTRAL 🕒 10 Nov 2026, 04:22 PM IST

Bajaj Finance issues 5.74 crore warrants to promoter for Rs 5,799 crore

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Core Development: Bajaj Finance issues 5.74 crore warrants to promoter for Rs 5,799 crore

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Market & Financial Impact: Bajaj Finance has allotted 5.74 crore warrants to its promoter, Bajaj Finserv, for Rs 5,799 crore. The special committee of the board approved the issue at an issue price of Rs 1,010 per warrant. Each warrant is convertible into an equivalent number of equity shares of the company. A minimum of 25 percent of the consideration is payable at allotment, while the remaining 75 percent will be payable later.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Bajaj Finance issues 5.74 crore warrants to promoter for Rs 5,799 crore

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