VERIFIEDMint Markets·2 Oct 2026neutral

Down 10% in a month; Bajaj Finance approves ₹11,700 cr QIP, ₹5,800 cr warrants to Bajaj Finserv - Share value impact

AI Summary

·Bajaj Finance plans to raise up to ₹11,700 crore via a Qualified Institutions Placement (QIP).
·An additional ₹5,800 crore will be raised through preferential warrant issues to Bajaj Finserv.
·The total fundraising target is ₹17,500 crore, subject to regulatory approvals.