With reference to letter dated 3 June 2024 and in terms of Regulation 30 read with Schedule III of the SEBI Listing Regulations, Bajaj Finance has informed that the board of directors of the Company at its meeting held today 7 June 2024, considered and approved the offer for sale of up to such number of equity shares of face value of Rs 10/- each of a wholly owned subsidiary, Bajaj Housing Finance (‘BHFL’), aggregating to Rs. 30,000.0 million (subject to any revisions to such amount as may be permissible under applicable law), pursuant to the initial public offer of equity shares of face value of Rs 10 each proposed to be undertaken by BHFL, and subject to market conditions, receipt of applicable approvals including that of the Securities and Exchange Board of India (the ‘SEBI’), the BSE, the National Stock Exchange of India and any other regulatory authority, as may be applicable and as required and commercial and other considerations. The meeting commenced at 11.00 am and concluded at 11:25 am.
The above information is a part of company’s filings submitted to BSE.