Intimation Under Regulation 29(1) And 50(2) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

• Security Code: 500034
• Company: BAJFINANCE

This has reference to our letter no. SEC/BM/2018/4 dated 3 January 2018 informing you about the meeting of the Board of Directors of the Company scheduled to be held on Thursday, 1 February 2018, to consider, inter alia, the unaudited financial results for the quarter and nine months ended 31 December 2017.

This is to further inform you that at the said meeting, the Board shall also consider following proposals:

1. raising of funds, inter alia, by issue of non-convertible debentures as a part of the proposed increase in the overall borrowing limit, pursuant to Section 180(1)(c) of the Companies Act, 2013, subject to approval of the shareholders by postal ballot.
2. raising of funds by issue of rupee denominated unsecured bonds ('Masala Bonds') in the overseas markets subject to approval of Reserve Bank of India.