BusinessBajaj Finance Approves ₹17,500 Cr Fundraising via QIP and Warrants
Bajaj Finance plans to raise ₹11,700 crore through a Qualified Institutional Placement (QIP) and ₹5,800 crore via preferential warrants issued to Bajaj Finserv. The total fundraising of ₹17,500 crore aims to strengthen the company's capital base and is currently awaiting regulatory approvals. The share value has declined 10% in the past month.
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