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| Exchange Disseminated Time | Bajaj Finance Ltd has informed BSE that in respect of the QIP, the Special Committee (the "Committee") of the Company at its meeting held on June 08, 2015, has, inter alia, passed the following resolutions:
1. Approved and declared the closure of the QIP on June 08, 2015;
2. Approved the issue price of Rs. 4275 per Equity Share (which is at a discount of Rs. 132.34 per Equity Share to the Floor Price of Rs. 4407.34 per Equity Share) for the Equity Shares to be allotted to eligible qualified institutional buyers in the QIP;
3. Approved the issuance of up to 32,74,853 Equity Shares at the aforesaid issue price for the QIP, which aggregates to approx. Rs. 14,000 million; and
4. Approved and adopted the Placement Document dated June 08, 2015, in connection with the QIP. |
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