ALPHA TRIBE

Bajaj Finance LimitedOthers, 29-04-2025: Monitoring Agency Report

29-04-2025 | 07:37 pm

Bajaj Finance Limited has received the remaining 75% of the exercise price from its preferential issue of warrants, totaling ₹891.64 crore, resulting in total proceeds of ₹1,188.85 crore. The Monitoring Agency Report confirms all proceeds have been utilized as disclosed, with no deviations. Funds were allocated for loan repayments and general corporate purposes, demonstrating the company's effective financial management and reinforcing shareholder confidence by completing utilization ahead of schedule.

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