Bajaj Finance plans to raise up to Rs 17,500 crore through a Rs 11,700-crore QIP and Rs 5,800 crore warrant issue to promoter Bajaj Finserv. The fundraising requires shareholder approval; institutional investors will receive QIP shares while promoter warrants could help maintain Bajaj Finserv’s stake and limit dilution.
Bajaj Finance plans to raise up to Rs 17,500 crore through a Rs 11,700-crore QIP and Rs 5,800 crore warrant issue to promoter Bajaj Finserv. The fundraising requires shareholder approval; institutional investors will receive QIP shares while promoter warrants could help maintain Bajaj Finserv’s stake and limit dilution.
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