Bajaj Finance going for Rs 10,000 crore fundraise
The NBFC plans to raise up to Rs 8,800 crore through aqualified institutional placement of shares, and another Rs 1,200 crore by issuing warrants convertible into shares to Bajaj Finserv.
Bajaj Finance said in an exchange filing that it will be seeking approval of the shareholders for the proposed fundraise byconvening an Extraordinary General Meeting. Image Courtesy: Freepik.