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Bajaj Finance secures board approval for Rs 11,700 crore Qualified Institutions Placement
02-Oct-2026, 12:21
Bajaj Finance Limited announced that its board of directors approved a Qualified Institutions Placement (QIP) to raise up to Rs 11,700 crore through the issue of equity shares and a preferential issue (PI) of warrants convertible into equity shares for up to Rs 5,800 crore, both subject to shareholder approval at an Extraordinary General Meeting.