 "Bajaj Finance surges 9% in two days after QIP launch")
Bajaj Finance hit a new high of Rs 1,950, up 5%, extending its previous day’s 4% gain on the BSE, after the company launched a qualified institutional placement (QIP) offering up to Rs 4,500 crore from institutional investors.
Bajaj Finance on Tuesdayin a regulatory filing said that the company may offer a discount of not more than 5% on the floor price of Rs 1,771.90 calculated for the QIP.
A meeting of the Special Committee of the board of directors of the company will be held on or after September 8, 2017 to consider and approve the issue
Bajaj Finance on Tuesdayin a regulatory filing said that the company may offer a discount of not more than 5% on the floor price of Rs 1,771.90 calculated for the QIP.
A meeting of the Special Committee of the board of directors of the company will be held on or after September 8, 2017 to consider and approve the issue
