News ArticleBajaj Finance to Approve Preferential Warrant Issue to Promoter Bajaj Finserv on 10 November 2026
Board's special committee will set warrant price for equity shares convertible under SEBI regulations
Bajaj Finance Limited has scheduled a board meeting on 10 November 2026 to approve the pricing of preferential warrants to its promoter and holding company Bajaj Finserv Limited. This fundraising move involves the potential conversion of warrants into equity shares of face value ₹1 each, complying with SEBI's Issue of Capital and Disclosure Requirements Regulations.
Bajaj Finance Limited
Preferential Issue
Bajaj Finance Limited has announced a board meeting on 10 November 2026 to consider and approve the pricing for a preferential issue of warrants to its promoter and holding company, Bajaj Finserv Limited. These warrants will be convertible into equity shares of face value ₹1 each.
The planned preferential issue is being conducted under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations).
The preferential warrants will be issued to Bajaj Finserv Limited, which is both the promoter and holding company of Bajaj Finance Limited.
This move implies a fundraising effort with the potential issuance of equity shares upon conversion of the warrants.
The announcement was made on 5 November 2026 via filings to both BSE and NSE stock exchanges.
The board meeting for approval of warrant pricing will be held by the company's PI 2026-Special Committee.
Highlights
- Preferential warrant issuance to Bajaj Finserv Limited approved under SEBI ICDR Regulations.
- Warrants convertible into equity shares with face value of ₹1 each.
- Board meeting scheduled for 10 November 2026 to approve warrant pricing.
- Announcement made in compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations.
- Fundraising via promoter participation to enhance capital base.
Key Data Snapshot
What happened
- Bajaj Finance Limited will issue preferential warrants convertible into equity shares to its promoter, Bajaj Finserv Limited.
- The announcement was made through regulatory filings dated 5 November 2026.
- A special committee meeting is scheduled for 10 November 2026 to approve the warrant price.
Key details
- Warrants are convertible into equity shares with a face value of ₹1 each.
- The issue falls under Chapter V of SEBI's ICDR Regulations.
- This capital raising involves only the promoter and holding company participation.
Regulatory and governance context
- The process complies with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations and SEBI ICDR Regulations.
- The company has informed stock exchanges BSE and NSE as per regulatory requirements.
Highlights
- Preferential warrant issuance to Bajaj Finserv Limited approved under SEBI ICDR Regulations.
- Warrants convertible into equity shares with face value of ₹1 each.
- Board meeting scheduled for 10 November 2026 to approve warrant pricing.
- Announcement made in compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations.
- Fundraising via promoter participation to enhance capital base.
Disclosures
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The preferential issue involves Bajaj Finserv Limited, the promoter and holding company.
Bajaj Finserv Limited is the promoter and holding company receiving the warrants.
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