AGM/EGM9 Oct 2026, 10:43 pm
Bajaj Finance EGM on Nov 2 for Preferential Warrants
AI Summary
Bajaj Finance Ltd has announced an Extraordinary General Meeting (EGM) to be held on November 2, 2026, via Video Conferencing. The primary agenda is to consider and approve the issuance of up to 5,75,25,985 warrants on a preferential basis to its promoter and holding company, Bajaj Finserv Limited. These warrants are convertible into equity shares and the total consideration for this preferential issue is not expected to exceed ₹5,800 Crore. The meeting will also cover other special business as detailed in the notice.
Key Highlights
- EGM scheduled for November 2, 2026, via VC/OAVM.
- Proposal to issue convertible warrants to promoter Bajaj Finserv.
- Up to 5.75 Cr warrants to be issued, convertible to equity shares.
- Total consideration not exceeding ₹5,800 Crore.
- Meeting to transact special business, including preferential issue.
Price Impact
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