Board of Bajaj Finance approves fund raising up to Rs 4500 cr via QIP issue

At meeting held on 19 July 2017

The Board of Bajaj Finance at its meeting held on 19 July 2017 approved, subject to approval of the shareholders, an issue of securities for an aggregate amount of upto Rs 4,500 crore through a qualified institutions placement to qualified institutional buyers in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, and related matters thereto.

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