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Bajaj Finance launches ₹11,700 crore QIP at 5% discount to closing price

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Bajaj Finance launches ₹11,700 crore QIP at 5% discount to closing price
Photo / Coverage: Business Standard - LatestCredit: Kairavi Lukka
EXECUTIVE SUMMARY

NBFC sets indicative issue price at ₹1,025 per share, above Sebi's floor price; proceeds will be used to repay borrowings and meet general corporate requirements

Key Takeaways

  • Bajaj Finance launches ₹11,700 crore QIP at 5% discount to closing price.

NBFC sets indicative issue price at ₹1,025 per share, above Sebi's floor price; proceeds will be used to repay borrowings and meet general corporate requirements

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