Bajaj Finance Approves ₹11,700 Crore QIP And ₹5,800 Crore Warrants

Board on 1 Oct 2026 approved QIP up to Rs 11700 Cr via Re 1 shares and preferential warrants up to Rs 5800 Cr to promoter Bajaj Finserv, subject to EGM approval. Novel equity raise versus routine wholesale debt rhythm; step change in funding despite fortress capital base to back secured-mix pivot and growth ambitions. Issue price, dilution quantum and use of proceeds not disclosed; warrants need 25% upfront, balance on exercise within 18 months or forfeit; overhang till pricing and approvals.