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The Economic Times

Company / The Economic Times

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Bajaj Finance set to mop up Rs 17,500 crore via QIP, warrants

Bajaj Finance intends to raise 17,500 crore through share sales and warrants to fuel its growth. The company's board approved plans for 11,700 crore via a qualified institutional placement and 5,800 crore through warrants for its promoter. A shareholder meeting will be convened to approve the proposed QIP. This marks the first major fundraising effort since the previous capital raise in November 2023.

3 Oct 2026 7:46 am