News ArticleBajaj Finance Limited Approves Preferential Warrant Issuance and Qualified Institutions Placement at Extraordinary General Meeting
Meeting held on 2 November 2026 via video conferencing with 663 members attending; voting results to be announced within two working days
Bajaj Finance Limited conducted an Extraordinary General Meeting on 2 November 2026 via video conferencing to approve special resolutions for issuing warrants on a preferential basis to its promoter Bajaj Finserv Limited, and for issuance of securities under Qualified Institutions Placement. Over 660 members participated, with key financial officers addressing member queries. Voting results will be disclosed within two working days.
Bajaj Finance Limited
Preferential Issue
Bajaj Finance Limited held an Extraordinary General Meeting on 2 November 2026 to approve the issuance of warrants on a preferential basis to its promoter Bajaj Finserv Limited and the issuance of securities under Qualified Institutions Placement.
The meeting was conducted through video conferencing in compliance with relevant government and SEBI guidelines, with 663 members participating.
The Chairman of the Board, Sanjiv Bajaj, presided over the meeting alongside key directors and committee chairs.
The agenda included two special resolutions: issuance of warrants on a preferential basis to Bajaj Finserv Limited, the company's promoter and holding company, and issuance of securities through Qualified Institutions Placement.
Members who registered as speakers raised queries which were addressed by Vice Chairman and Managing Director Rajeev Jain.
Members were provided voting opportunities both prior to and during the meeting through electronic voting systems, with results and the scrutinizer’s consolidated report to be announced within two working days and posted on the company website.
Highlights
- EGM held on 2 November 2026 via video conferencing with 663 members attending.
- Two special resolutions on securities issuance were discussed.
- Warrants will be issued on a preferential basis to promoter Bajaj Finserv Limited.
- Qualified Institutions Placement of securities was proposed.
- Voting was conducted electronically before and during the meeting.
- Results will be declared within two working days after the meeting.
Key Data Snapshot
What happened
- Bajaj Finance Limited held an Extraordinary General Meeting (EGM) on 2 November 2026 via video conferencing.
- 663 members participated in the meeting according to the attendance recorded.
- The meeting duration was from 12:45 p.m. IST to 1:17 p.m. IST.
- The company proposed and discussed two special resolutions relating to issuance of warrants and securities.
- The Chairman conducted the meeting and introduced Directors and Key Managerial Personnel present.
- Members were given the opportunity to vote electronically and to raise questions prior to the meeting.
- Vice Chairman and Managing Director Rajeev Jain responded to member queries during the meeting.
Transaction details
- The first special resolution involved issuance of warrants on a preferential basis to Bajaj Finserv Limited, the promoter and holding company of Bajaj Finance Limited.
- The second special resolution related to issuance of securities under Qualified Institutions Placement (QIP).
- Both resolutions required member approval during the EGM.
- Voting on the resolutions was facilitated through remote electronic voting and e-voting during the meeting.
Regulatory and governance context
- The EGM was held in compliance with guidelines issued by the Ministry of Corporate Affairs and SEBI.
- Practicing Company Secretary’s certificate under SEBI ICDR regulations was available for electronic inspection.
- Joint Statutory Auditors, Secretarial Auditor and Scrutinizer monitored the e-voting process.
- The company committed to publish voting results within two working days of the meeting.
- Meeting proceedings and transcripts are to be uploaded on the company’s website.
Highlights
- EGM held on 2 November 2026 via video conferencing with 663 members attending.
- Two special resolutions on securities issuance were discussed.
- Warrants will be issued on a preferential basis to promoter Bajaj Finserv Limited.
- Qualified Institutions Placement of securities was proposed.
- Voting was conducted electronically before and during the meeting.
- Results will be declared within two working days after the meeting.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Ministry of Corporate Affairs circulars
- SEBI circulars
- SEBI ICDR Regulations
Yes; warrants issued to promoter Bajaj Finserv Limited
Bajaj Finserv Limited is the promoter and holding company receiving preferential warrants
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