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VERIFIEDET Markets·neutral
Bajaj Finance to raise Rs 17,500 cr via QIP, preferential issue
AI Summary
- ·Bajaj Finance plans to raise Rs 17,500 crore through a Rs 11,700 crore QIP and Rs 5,800 crore warrant issue.
- ·The fundraising requires shareholder approval.
- ·Institutional investors will receive QIP shares, while promoter warrants could limit dilution.