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Bajaj Finance to issue warrants on preferential basis

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Capital Market

To Bajaj Finserv

Bajaj Finance announced that pursuant to the approval of the shareholders at their extra ordinary general meeting held on 20 May 2015, approved issuance of 9,25,000 warrants on preferential basis to the promoter- Bajaj Finserv at an issue price of Rs. 4,412/- per warrant, which is above the minimum price computed in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2009.

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First Published: May 20 2015 | 1:29 PM IST

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