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Bajaj Finance informs about Outcome of EGM

20 May 2015 Evaluate

Bajaj Finance has informed that pursuant to the approval of the shareholders at their extra ordinary general meeting held on May 20, 2015, approved issuance of 9, 25,000 warrants on preferential basis to the promoter- Bajaj Finserv at an issue price of Rs 4,412/- per warrant, which is above the minimum price computed in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2009.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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