Bajaj Finance Allots 5.74 Cr Warrants to Promoter at ₹1,010

Bajaj Finance Limited's PI 2026 - Allotment Committee has approved the allotment of 5,74,25,740 warrants to its promoter and holding company, Bajaj Finserv Limited. The allotment is on a preferential basis at an issue price of ₹1,010 per warrant. These warrants are convertible into an equivalent number of equity shares of face value ₹1 each. The meeting confirmed the terms previously intimated on November 10, 2026. A minimum of 25% of the consideration is payable on allotment, with the balance 75% due upon conversion. Failure to exercise the option within eighteen months will result in forfeiture of the consideration.