BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

1

Bajaj Finance Ltd.

Bajaj Finserv Ltd.

Parent

Contribution to equity

-

-

(63.56)

(63.56)

(317,816,130 shares of ₹ 2 each)

Preferential warrants application

Not applicable

297.21

-

(297.21)

money received (Note 12)

Secured non-convertible debentures

-

-

(695.00)

(695.00)

issued

Inter-Corporate Deposits accepted

900

-

(550.00)

(550.00)

Interest accrued on Inter-Corporate

At applicable rates on respective

21.86

(8.87)

(28.54)

Deposits

deposits

Business support charges received

5

0.41

-

-

Business support charges paid

55

10.76

-

-

2

Bajaj Finance Ltd.

Bajaj Housing Finance

Subsidiary

Investment in equity shares

Not applicable

-

7,528.00

7,528.00

Ltd.

Fair value of ESOP

Not applicable

16.89

-

-

Loan portfolio - Assigned in

Not applicable

2,772.55

-

-

Asset purchases

Not applicable

0.24

-

-

Asset sales

Not applicable

0.38

0.16

-

Security deposit for leased premises

Not applicable

-

0.08

0.08

Business support charges received

Not applicable

4.31

-

-

Servicing fee received

Not applicable

4.55

-

-

Business support charges paid

Not applicable

0.44

(0.07)

-

Rent and maintenance expenses

Not applicable

0.11

-

-

Servicing fee paid

Not applicable

24.84

(1.18)

-

Sourcing commission paid

Not applicable

0.34

(0.05)

-

3

Bajaj Finance Ltd.

Bajaj Financial Securities

Subsidiary

Investment in equity shares

Not applicable

200.00

670.38

870.38

Investment

not

not

not

General Business

Ltd.

applicable

applicable

applicable

purpose

Fair value of ESOP

Not applicable

0.47

-

-

Short term loan given

Not applicable

6,895.00

465.00

155.00

Loan

7.90% to

up to 24

Unsecured

General Business

9%

months

purpose

Short term loan repayment received

Not applicable

7,205.00

-

-

Margin money given

Not applicable

-

5.00

-

Margin money repayment received

Not applicable

5.00

-

-

Interest received on short term loan

Not applicable

11.08

-

-

given

Asset sales

Not applicable

0.34

-

-

Sourcing commission received

Not applicable

0.39

-

0.26

Business support charges received

Not applicable

0.06

-

-

Business support charges paid

Not applicable

1.07

-

-

Sourcing commission paid

Not applicable

0.02

-

-

Depository service charges paid

Not applicable

0.73

-

(0.18)

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

4

Bajaj Finance Ltd.

Bajaj Allianz Life

Fellow Subsidiary

Contribution to equity

-

-

(0.05)

(0.05)

Insurance Company Ltd.

(247,000 shares of ₹ 2 each)

Secured non-convertible debentures

-

-

(200.00)

(50.00)

issued

Unsecured non-convertible

70

-

(2,335.00)

(2,335.00)

debentures issued

Secured non-convertible debentures

Not applicable

200.00

-

-

redemption

Interest paid on non-convertible

At applicable rates on respective

211.94

-

-

debentures

NCDs

Security deposit for leased premises

1

-

1.82

1.82

Advance towards insurance

-

-

0.73

4.32

Commission income

140

74.12

-

23.66

Advertisement and branding income

12

8.50

-

3.00

Insurance expenses

150

60.12

-

-

Rent and maintenance expenses

5

1.29

-

-

5

Bajaj Finance Ltd.

Bajaj Allianz General

Fellow Subsidiary

Secured non-convertible debentures

-

-

(243.50)

(143.50)

Insurance Company Ltd.

issued

Unsecured non-convertible

-

-

(40.00)

(40.00)

debentures issued

Secured non-convertible debentures

Not applicable

100.00

-

-

redemption

Interest paid on non-convertible

At applicable rates on respective

9.09

-

-

debentures

NCDs

At Written down value of assets

Asset sales

(Maximum up to ₹ 10 Crore in

0.13

-

0.13

aggregation with assets purchases)

Advance towards insurance

-

-

4.69

0.32

Commission income

70

37.85

-

11.05

Insurance expenses

100

6.89

-

-

6

Bajaj Finance Ltd.

Bajaj Finserv Direct Ltd.

Fellow Subsidiary

Investment in equity shares

-

-

2.69

2.69

Compulsorily Convertible Term Loan

-

-

280.47

280.47

(Deemed equity) at cost

Platform development and

80

40.64

-

-

customisation charges

At Written down value of assets

Asset purchases

(Maximum up to ₹ 10 Crore in

0.32

-

(0.29)

aggregation with assets sales)

At Written down value of assets

Asset sales

(Maximum up to ₹ 10 Crore in

0.06

0.01

0.06

aggregation with assets purchases)

Business support charges received

15

2.73

-

-

Business support charges paid

70

32.39

(5.29)

(4.96)

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

Sourcing commission paid

210

72.40

(0.21)

(16.60)

Platform usage charges

50

25.84

-

(5.35)

Annual maintenance charges on loan

12

4.00

(0.19)

-

Guarantee/ Service fees paid

10

2.28

-

-

Cash deposit received towards First

Loss Default Guarantee (FLDG)

100

22.66

-

(22.40)

arrangement

Invocation of FLDG

10

0.26

-

-

Interest accrued on cash deposit

Interest rate at arm's length pricing

0.25

-

(0.21)

received towards FLDG

Asset sales

At Written down value of assets

7

Bajaj Finance Ltd.

Bajaj Finserv Health Ltd.

Fellow Subsidiary

(Maximum up to ₹ 10 Crore in

-

0.00

-

(opening balance ₹ 49,718)

aggregation with assets purchases)

Commission income

120

56.80

5.19

13.10

Interest subsidy received

1

0.01

-

-

Business support charges received

As per MoU

0.06

-

0.07

Product distribution fee

8

0.10

-

-

8

Bajaj Finance Ltd.

Bajaj Finserv Asset

Fellow Subsidiary

Business support charges received

1

0.01

-

-

Management Ltd.

At Written down value of assets

Asset sales

(Maximum up to ₹ 10 Crore in

0.04

-

-

aggregation with assets purchases)

Bajaj Finserv Ventures

Asset sales

At Written down value of assets

9

Bajaj Finance Ltd.

Fellow Subsidiary

(Maximum up to ₹ 10 Crore in

0.03

6.06

(0.00)

Ltd.

(closing balance ₹ 263)

aggregation with assets purchases)

Business support charges received

36

18.46

-

21.78

Manpower support service charges

100

22.00

-

-

at actual employee liability balance

Reimbursements of employee cost

Maximum up to ₹ 10 Crore in

1.41

-

-

aggregation with assets purchases

& sales)

10

Bajaj Finance Ltd.

Snapwork Technologies

Associate

Investment in equity shares

-

-

28.49

28.49

Pvt. Ltd.

Investment in Compulsorily

Convertible Preference Shares

-

-

64.25

64.25

(Deemed equity)

Information technology design and

25

14.37

-

(0.83)

development charges

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

11

Bajaj Finance Ltd.

Pennant Technologies

Associate

Investment in equity shares

-

-

-

113.75

Pvt. Ltd.

(w.e.f. 19 Jan 2024)

Investment in Compulsorily

not

not

not

General Business

Convertible Preference Shares

153.72

153.72

-

153.72

Investment

applicable

applicable

applicable

purpose

(Deemed equity)

Information technology design and

8.00

5.56

-

(12.33)

development charges

Annual maintenance charges paid

1.00

0.40

-

(0.43)

12

Bajaj Finance Ltd.

Sanjiv Bajaj

Chairman

Short-term employee benefits:

Sitting fees

As approved by the Board

0.16

-

-

Commission

As approved by the Board

4.04

-

(3.94)

13

Bajaj Finance Ltd.

Rajeev Jain

Managing Director

Short-term employee benefits:

Remuneration

As approved by the Board

11.59

-

(2.87)

Share-based payment

Not Applicable

15.12

-

-

Equity shares issued pursuant to

Amount based on exercise of stock

31.25

-

-

stock option scheme

options vested

Executive Director

14

Bajaj Finance Ltd.

Rakesh Bhatt

(from 1 Apr 2023 to 31

Short-term employee benefits:

Jan 2024)

Remuneration

As approved by the Board

3.87

-

(0.19)

Share-based payment

Not Applicable

2.68

-

-

Equity shares issued pursuant to

Amount based on exercise of stock

21.22

-

-

stock option scheme

options vested

15

Bajaj Finance Ltd.

Anup Saha

Executive Director

Short-term employee benefits:

(w.e.f. 1 Apr 2023)

Remuneration

As approved by the Board

10.92

-

(7.38)

Share-based payment

Not Applicable

4.55

-

-

16

Bajaj Finance Ltd.

Rajiv Bajaj

Director

Short-term employee benefits:

Sitting fees

As approved by the Board

0.04

-

-

Commission

As approved by the Board

0.28

-

(0.25)

17

Bajaj Finance Ltd.

D J Balaji Rao

Director

Short-term employee benefits:

(till 29 Nov 2023)

Sitting fees

As approved by the Board

0.03

-

-

Commission

As approved by the Board

0.28

-

(0.25)

18

Bajaj Finance Ltd.

Anami N Roy

Director

Short-term employee benefits:

Sitting fees

As approved by the Board

0.15

-

-

Commission

As approved by the Board

0.96

-

(0.86)

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

19

Bajaj Finance Ltd.

Dr. Naushad Forbes

Director

Short-term employee benefits:

Sitting fees

As approved by the Board

0.11

-

-

Commission

As approved by the Board

0.68

-

(0.61)

20

Bajaj Finance Ltd.

Pramit Jhaveri

Director

Short-term employee benefits:

Sitting fees

As approved by the Board

0.14

-

-

Commission

As approved by the Board

0.92

-

(0.83)

21

Bajaj Finance Ltd.

Radhika Haribhakti

Director

Short-term employee benefits:

Sitting fees

As approved by the Board

0.11

-

-

Commission

As approved by the Board

0.64

-

(0.58)

22

Bajaj Finance Ltd.

Dr. Arindam

Director (w.e.f. 1 Apr

Short-term employee benefits:

Bhattacharya

2023)

Sitting fees

As approved by the Board

0.08

-

-

Commission

As approved by the Board

0.44

-

(0.40)

23

Bajaj Finance Ltd.

Sandeep Jain

Chief Financial Officer

Short-term employee benefits:

Remuneration

As approved by the Board

4.90

-

(1.63)

Share-based payment

Not applicable

1.83

-

-

24

Bajaj Finance Ltd.

Vijay R

Company Secretary

Short-term employee benefits:

Remuneration

As approved by the Board

1.63

-

(0.85)

Share-based payment

Not applicable

0.33

-

-

Daughter of Sanjiv

25

Bajaj Finance Ltd.

Sanjali Bajaj

Bajaj, Chairman of the

Short-term employee benefits:

Company

Remuneration

As per the terms of employment

0.06

-

-

26

Bajaj Finance Ltd.

Uma Shende

Company Secretary of

Loan given

5

-

0.02

0.01

Parent

Loan repayment received

Not applicable

0.01

-

-

Interest Income

As per the terms of loan sanctioned

0.00

-

-

(transaction value ₹ 11,219)

Daughter of Atul Jain,

27

Bajaj Finance Ltd.

Punyachi Jain

Managing Director of

Short-term employee benefits:

Bajaj Housing Finance

Ltd.

Remuneration

As per the terms of employment

0.26

-

-

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

Chief Executive Officer

28

Bajaj Finance Ltd.

Manish Jain

of Bajaj Financial

Short-term employee benefits:

Securities Ltd.

Remuneration

As approved by the Board

4.88

-

(1.96)

Share-based payment

Not applicable

1.96

-

-

Director of Bajaj

29

Bajaj Finance Ltd.

Babu Rao Priya

Financial Securities

Short-term employee benefits:

Ltd.

Remuneration

As approved by the Board

2.61

-

(0.28)

Share-based payment

Not applicable

1.06

-

-

Equity shares issued pursuant to

Amount based on exercise of stock

3.26

-

-

stock option scheme

options vested

Asset sales

1

0.00

-

-

(transaction value ₹ 9,293)

Chief Financial Officer

30

Bajaj Finance Ltd.

Bhalchandra Deodhar

of Bajaj Financial

Short-term employee benefits:

Securities Ltd.

Remuneration

As approved by the Board

0.80

-

(0.42)

Share-based payment

Not applicable

0.19

-

-

Company Secretary of

31

Bajaj Finance Ltd.

Ravikumar Dugar

Bajaj Financial

Short-term employee benefits:

Securities Ltd.

Remuneration

As per the terms of employment

0.22

-

-

Entity in which Key

Management

Investment in equity shares (opening

32

Bajaj Finance Ltd.

Bajaj Auto Ltd.

Personnel and their

balance ₹ 7,685, closing balance ₹

-

-

0.00

0.00

relatives have

7,685)

significant influence

Inter-Corporate Deposits accepted

750

250.00

(450.00)

(500.00)

Inter-Corporate Deposits repaid

Not applicable

200.00

-

-

Interest accrued on Inter-Corporate

At applicable rates on respective

20.18

(10.65)

(17.91)

Deposits

Deposits

Security deposit for leased premises

-

-

0.21

0.21

Business support charges received

20

2.99

-

-

Interest subsidy received

30

0.05

-

-

Business support charges paid

50

19.20

(0.63)

-

Rent and maintenance expenses

2

0.84

-

-

Advance given

-

-

-

0.00

(closing balance ₹ 7,615)

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

Entity in which Key

Management

Asset sales

33

Bajaj Finance Ltd.

Bajaj Auto Credit Ltd.

Personnel and their

3

0.94

-

0.00

(closing balance ₹ 6,059)

relatives have

significant influence

Entity in which Key

Bajaj Holdings &

Management

Investment in equity shares

34

Bajaj Finance Ltd.

Personnel and their

(opening balance ₹ 19,646, closing

-

-

0.00

0.00

Investments Ltd.

relatives have

balance ₹ 19,646)

significant influence

Security deposit for leased premises

2

-

0.70

0.70

Dividend received

Value is dependent on the

0.00

-

-

(transaction value ₹ 8,250)

counterparty

Business support charges received

2

0.29

-

-

Business support charges paid

39

10.81

(0.08)

-

Rent and maintenance expenses

6

0.97

(0.22)

-

Entity in which Key

Management

35

Bajaj Finance Ltd.

Hind Musafir Agency Ltd.

Personnel and their

Services received

50

25.01

-

(0.98)

relatives have

significant influence

Advance given

-

-

5.54

-

Entity in which Key

Management

36

Bajaj Finance Ltd.

Bajaj Electricals Ltd.

Personnel and their

Inter-Corporate Deposits accepted

200

35.00

(60.00)

(60.00)

relatives have

significant influence

Inter-Corporate Deposits repaid

Not applicable

35.00

-

-

Interest accrued on Inter-Corporate

At applicable rates on respective

1.23

(1.54)

(1.46)

Deposits

deposits

Interest subsidy received

2

0.06

0.03

0.06

Asset purchases

1

0.19

-

(0.19)

Entity in which Key

Management

Contribution to equity

37

Bajaj Finance Ltd.

Jamnalal Sons Pvt. Ltd.

Personnel and their

-

-

(0.03)

(0.03)

(127,640 shares of ₹ 2 each)

relatives have

significant influence

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

Entity in which Key

Maharashtra Scooters

Management

Contribution to equity

38

Bajaj Finance Ltd.

Personnel and their

-

-

(3.79)

(3.79)

Ltd.

(18,974,660 shares of ₹ 2 each)

relatives have

significant influence

Secured non-convertible debentures

-

-

(75.00)

(200.00)

issued

Secured non-convertible debentures

Not applicable

25.00

-

-

redemption

Interest paid on non-convertible

At applicable rates on respective

1.45

-

-

debentures

NCDs

Business support charges received

1

0.09

-

-

Entity in which Key

Bachhraj Factories Pvt.

Management

Contribution to equity

39

Bajaj Finance Ltd.

Personnel and their

-

-

(0.01)

(0.01)

Ltd.

(72,000 shares of ₹ 2 each)

relatives have

significant influence

Entity in which Key

Baroda Industries Pvt.

Management

Contribution to equity

40

Bajaj Finance Ltd.

Personnel and their

-

-

(0.02)

(0.02)

Ltd.

(117,600 shares of ₹ 2 each)

relatives have

significant influence

Entity in which Key

Bajaj Sevashram Pvt.

Management

Contribution to equity

41

Bajaj Finance Ltd.

Personnel and their

-

-

(0.06)

(0.06)

Ltd.

(308,500 shares of ₹ 2 each)

relatives have

significant influence

Entity in which Key

Pratham Education

Management

Corporate Social Responsibility

42

Bajaj Finance Ltd.

Personnel and their

2

1.06

(0.30)

-

Foundation

expenses

relatives have

significant influence

43

Bajaj Finance Ltd.

Bajaj Auto Ltd. Provident

Post employment

Unsecured non-convertible

-

-

(36.00)

(36.00)

Fund

benefit plans

debentures issued

Interest paid on non-convertible

At applicable rates on respective

0.90

-

-

debentures

NCDs

44

Bajaj Finance Ltd.

Bajaj Auto Employees

Post employment

Superannuation contribution

Actual amount of contribution

0.22

-

-

Superannuation Fund

benefit plans

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

45

Bajaj Finance Ltd.

Bajaj Auto Employees

Post employment

Premium paid for life cover of

Actual amount of contribution

0.31

-

-

Group Gratuity Fund

benefit plans

employees

Gratuity contribution

Actual amount of contribution

11.50

-

-

46

Bajaj Finance Ltd.

Bajaj Auto Senior Staff

Post employment

Premium paid for life cover of

Actual amount of contribution

0.02

-

-

Group Gratuity Fund

benefit plans

employees

Gratuity contribution

Actual amount of contribution

20.00

-

-

47

Bajaj Housing Finance

Bajaj Finserv Ltd.

Ultimate Parent

Secured non-convertible debentures

-

-

(550.00)

(400.00)

Ltd.

issued

Secured non-convertible debentures

Not applicable

150.00

-

-

redemption

Interest paid on non-convertible

At applicable rates on respective

24.72

-

-

debentures

NCDs

Business support charges paid

5

1.02

-

-

Fair value of ESOP charged

As per MoU

0.65

-

-

48

Bajaj Housing Finance

Bajaj Financial Securities

Fellow Subsidiary

Company's contribution towards NPS

As per Agreement

0.47

-

-

Ltd.

Ltd.

49

Bajaj Housing Finance

Bajaj Allianz General

Subsidiary of Ultimate

Insurance expenses

7

0.63

-

-

Ltd.

Insurance Company Ltd.

Parent

Advance towards insurance

-

-

0.78

4.87

Secured non-convertible debentures

-

-

(250.00)

(250.00)

issued

Commission income

7

0.47

-

0.12

50

Bajaj Housing Finance

Bajaj Allianz Life

Subsidiary of Ultimate

Insurance expenses

20

1.11

-

-

Ltd.

Insurance Company Ltd.

Parent

Advance towards insurance

-

-

0.64

0.43

Unsecured non-convertible

217

217.00

(868.00)

(1,085.00)

debentures issued

Interest paid on non-convertible

At applicable rates on respective

67.84

-

-

debentures

NCDs

Commission income

20

3.56

-

2.10

Bajaj Housing Finance

Subsidiary of Ultimate

Business support fees and

51

Bajaj Finserv Direct Ltd.

commission paid (opening balance ₹

6

1.62

0.00

-

Ltd.

Parent

13,853)

Asset sales

As per MOU

0.01

-

-

52

Bajaj Housing Finance

Bajaj Finserv Health Ltd.

Subsidiary of Ultimate

Commission Income

60

9.60

-

1.87

Ltd.

Parent

BAJAJ FINANCE LIMITED

Related Party Disclosure

(₹ in crore)

Details of the party

Additional disclosure of related party transactions - applicable only in case the related party

(listed

Outstanding amounts

transaction relates to loans, inter-corporate deposits, advances or investments made or given by

entity/ subsidiary)

Name of the counterparty

carried in Balance Sheet

the listed entity/subsidiary. These details need to be disclosed only once, during the reporting

entering into the

period when such transaction was undertaken.

transaction

Value of the

In case any financial

Value of the related party

transaction

indebtedness is incurred to

Details of the loans, inter-corporate deposits, advances or

make or give loans, inter-

during the

investments

S.N.

Type of related party transaction

transaction as approved by the

corporate deposits,

reporting

audit committee

advances or investments

Relationship of the

period

Name

Name of the

counterparty with

(H2 FY 24)

Opening

Closing

Nature of

Nature (loan/

Purpose for

counterparty

the listed entity

Balance

Balance

which the funds

indebtness

advance/

/subsidiary

will be utilised

(loan/

inter-

Interest

Tenure

Secured/

Cost

Tenure

by the ultimate

issuance of

corporate

Rate (%)

(Days)

unsecured

debt/ any

deposit/

recipient of

funds (end-

other etc.)

investment)

usage)

53

Bajaj Housing Finance

Bajaj Finserv Ventures

Subsidiary of Ultimate

Asset sales

As per MoU

0.00

-

-

Ltd.

Ltd.

Parent

(transaction value ₹ 33,406)

54

Bajaj Housing Finance

Sanjiv Bajaj

Chairman

Short-term employee benefits:

Ltd.

Sitting fees

As approved by the Board

0.07

-

-

Commission

As approved by the Board

0.26

-

(0.23)

55

Bajaj Housing Finance

Rajeev Jain

Vice Chairman

Short-term employee benefits:

Ltd.

Sitting fees (As non-executive

As approved by the Board

0.12

-

-

Director)

Commission

As approved by the Board

0.42

-

(0.38)

56

Bajaj Housing Finance

Atul Jain

Managing Director

Short-term employee benefits:

Ltd.

Remuneration

As approved by the Board

6.10

-

(1.98)

Share-based payment

Not applicable

4.98

-

-

57

Bajaj Housing Finance

Anami N Roy

Director

Short-term employee benefits:

Ltd.

Sitting fees

As approved by the Board

0.11

-

-

Commission

As approved by the Board

0.36

-

(0.32)

58

Bajaj Housing Finance

Dr. Arindam

Director

Short-term employee benefits:

Ltd.

Bhattacharya

Sitting fees

As approved by the Board

0.11

-

-

Commission

As approved by the Board

0.40

-

(0.36)

59

Bajaj Housing Finance

Jasmine Arish Chaney

Director (w.e.f. 1 Apr

Short-term employee benefits:

Ltd.

2023)

Sitting fees

As approved by the Board

0.09

-

-

Commission

As approved by the Board

0.34

-

(0.31)

60

Bajaj Housing Finance

Gaurav Kalani

Chief Financial Officer

Short-term employee benefits:

Ltd.

Remuneration

As approved by the Board

1.64

-

(0.77)

Share-based payment

Not applicable

0.42

-

-

61

Bajaj Housing Finance

Atul Patni

Company Secretary

Short-term employee benefits:

Ltd.

Remuneration

As approved by the Board

0.26

-

(0.07)

Share-based payment

Not applicable

0.08

-

-

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Bajaj Finance Limited published this content on 25 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2024 17:40:20 UTC.