Bajaj Finance Share Price in Focus After Allotment of 5.74 Crore Warrants to Bajaj Finserv

Bajaj Finance has allotted 5,74,25,740 preferential warrants to Bajaj Finserv at ₹1,010 per warrant. 

Bajaj Finserv is the sole investor in the issue. Each warrant can be converted into one equity share of Bajaj Finance. 

Warrants Issued at ₹1,010 Each 

The warrants have been allotted at an issue price of ₹1,010 each. 

Bajaj Finserv will pay at least 25% of the total consideration at the time of allotment. The remaining 75% will be payable when the warrants are exercised. 

18-Month Conversion Period 

The warrants can be converted into Bajaj Finance equity shares within 18 months from the date of allotment. 

If fully exercised, the 5.74 crore warrants will result in the allotment of an equal number of equity shares to Bajaj Finserv. 

Bajaj Finserv's Shareholding After Conversion 

Before the allotment, Bajaj Finserv held 3,19,36,61,300 shares in Bajaj Finance, representing a 51.30% stake. 

After full conversion of the warrants, and after considering ESOP-related dilution, the company expects its holding to rise to 3,25,10,87,040 shares and the diluted shareholding to stand at 51.23%. 

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Bajaj Finance Share Price Performance  

As of 11 November 2026, at 12:45 PM, Bajaj Finance Ltd share price is trading at ₹1,072.25 per share, reflecting a surge of 0.69% from the previous trading session. 

Conclusion 

The preferential issue gives Bajaj Finserv the right to add 5.74 crore equity shares to its existing holding through the conversion of warrants. Following full conversion, its holding in Bajaj Finance is expected to remain above 51% on a diluted basis. 

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