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Exchange Disseminated Time | Bajaj Finserv Ltd has informed BSE that the Special Committee constituted by the Board of Directors of the Company, in its meeting held on August 29, 2012, inter - alia, has decided, the following in relation to the proposed rights issue of equity shares of the Company ("Issue"):
1. Rights Issue Price: Rs. 650/- per Equity Share (including premium of Rs. 645/- per share);
2. Rights entitlement ratio for the Issue: One Equity share for every Ten Equity shares held as on the record date ;
3. Issue Size: Issue of equity shares on a rights basis to its existing equity shareholders would aggregate to Rs.941 Crores approximately;
4. Designated Stock Exchange for the Issue: National Stock Exchange of India Ltd
5. All the equity shares to be issued pursuant to the Issue shall rank pari passu with the existing equity shares of the Company.
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