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Bajaj Finance LimitedQIP/Rights/Pref., 24-07-2025: Issue of Securities

24-07-2025 | 03:46 pm

Bajaj Finance's Board has approved the issue of 8,195,345 new equity shares. These shares, with a face value of Re. 1 each, will be issued at their respective grant prices to the BFL Employee Welfare Trust. This move is part of the company's BFL Employee Stock Option Scheme, 2009, designed to incentivize and retain employees. This isn't a public fundraising; it's an internal allocation for employee benefits, ensuring alignment with shareholder interests. Investors should note this primarily impacts employee incentives rather than immediately altering capital structure through fresh public funds.

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