Bajaj Finserv subscribes to Rs 5,800 crore of Bajaj Finance warrants
Bajaj Finserv said in an NSE filing that it subscribed on 10 November 2026 to 5,74,25,740 warrants of listed subsidiary Bajaj Finance at Rs 1,010 each, worth Rs 5,799.99 crore.
Key points
- Bajaj Finserv said in an NSE filing that it subscribed to warrants issued by its listed subsidiary, Bajaj Finance, on 10 November 2026.
- The company took 5,74,25,740 warrants at Rs 1,010 each, a total of Rs 5,799.99 crore, within its Board's limit of Rs 5,800 crore.
- Each warrant can be converted into one equity share of Bajaj Finance; the filing does not give the conversion date.
Bajaj Finserv Limited said in a filing with the National Stock Exchange on 10 November 2026 that it has subscribed to 5,74,25,740 warrants issued by its listed subsidiary, Bajaj Finance Limited, at Rs 1,010 per warrant. The warrants add up to Rs 5,799.99 crore, and each can be converted into one equity share of Bajaj Finance.
What Happened
In the filing, Bajaj Finserv referred to its earlier letter of 1 October 2026. In that letter, the company said its Board of Directors had approved subscribing to warrants of Bajaj Finance, convertible into an equal number of equity shares, for a total cash consideration of not more than Rs 5,800 crore. The warrants were to be issued by way of a preferential allotment on a private placement basis.
The new filing says that, following the offer made by Bajaj Finance, Bajaj Finserv subscribed on 10 November 2026 to 5,74,25,740 warrants. The issue price was Rs 1,010 per warrant. The filing gives the total as Rs 57,99,99,97,400, which it writes out in words as Rupees Five Thousand Seven Hundred Ninety-Nine Crore Ninety-Nine Lakh Ninety-Seven Thousand Four Hundred.
The company made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the rule that requires listed companies to tell the exchanges about material events. It asked the exchanges to take the information on record.
A warrant is a security that gives its holder the right to convert it into an equity share at a later date. The filing does not say when the warrants can be converted, how much of the price has been paid so far, or what share in Bajaj Finance the conversion would give Bajaj Finserv.
What It Means
For shareholders of the two companies, the filing records that Bajaj Finserv has taken up the full preferential offer of warrants that its Board approved on 1 October 2026. The filing describes Bajaj Finance as a listed subsidiary of Bajaj Finserv.
The filing is a disclosure of a completed subscription. It does not state what Bajaj Finance plans to do with the money, and it does not set out any further approvals that may still be needed before the warrants are converted. Readers who want those details should look at the companies' own disclosures on the exchanges.
Company filings of this kind are published on the websites of the National Stock Exchange and BSE. Complaints against listed companies can be made through the SEBI SCORES portal at https://scores.sebi.gov.in.
Oquilia Data: Bajaj Finserv Ltd. (NSE: BAJAJFINSV)
| Close, 9 Nov 2026 | Rs 1,836.90 (−0.98% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | +5.89% / −8.56% / +1.02% / −9.95% / −12.62% |
| Against Nifty 50, 1M / 3M / YTD | −5.32 / −10.49 / −5.80 points |
| 52-week closing high / low | Rs 2,118.30 (10 Nov 2025) / Rs 1,631.80 (30 Mar 2026) |
| Turnover, 20-session average | Rs 193.93 cr; 53.7% delivered; latest volume 0.5x |
| Insider trades, 90 days | none by promoters, directors or KMP |
Closes adjusted for splits and bonuses; returns exclude dividends; insider figures from BSE filings. Facts from NSE's files, not investment advice.
Full record: Bajaj Finserv share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India