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VERIFIEDET Stocks·neutral

Bajaj Finance to raise Rs 17,500 cr via QIP, pref 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, and promoter warrants may limit dilution.
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