Bajaj Finance Limited announced a private placement to issue 15,50,000 warrants at an issue price of INR 1,917.50 for the gross proceeds of INR 2,972,125,000 on November 2, 2023. The transaction included participation from returning investor Bajaj Finserv Ltd. The transaction has been approved by the shareholders of the company. The pre-preferential allotment is 317,816,130 shares for 52.45% and post allotment is 319,366,130 shares for 52.47% stake.