Bajaj Finserv approves INR 58.00 billion warrants. Bajaj Finserv stock is 21.00 percent below high

Published on 10/16/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 3 after the October 1 warrant decision. Bajaj Finserv stock is valued at INR 2.8 trillion on October 16, 2026.

Capital allocation ahead

Bajaj Finserv approved INR 58.00 billion in warrants on October 1, 2026.
Revenue reached INR 42.04 billion in the first quarter of fiscal 2027.
The next Bajaj Finserv results review is scheduled for November 3, 2026.

Bajaj Finserv, INE918I01026, Illustration mit AI erstellt.

Bajaj Finserv (INE918I01026) approved a warrant subscription worth INR 58.00 billion on October 1, 2026, supporting a wider capital raise at its lending subsidiary. ScanX reported that the warrants are convertible into Bajaj Finance equity shares.

Capital supports the lending arm

The warrant subscription forms part of a proposed INR 17.50 billion capital raise that also includes an INR 11.70 billion qualified institutional placement. Bajaj Finserv held 51.30 percent of Bajaj Finance's issued and paid-up equity after the approval, according to ScanX.

The subsidiary's second-quarter operating update added a current growth signal. Bajaj Finance reported assets under management of INR 584.75 billion for the quarter ended September 30, 2026, up 26.50 percent year over year, while new loans booked rose 11.00 percent to 13.45 million, according to ScanX.

What does the warrant mean for growth?

The latest capital allocation follows Bajaj Finserv's first-quarter performance. Consolidated revenue reached INR 42.04 billion in the first quarter of fiscal 2027, up 19.10 percent year over year, while profit after tax rose 18.20 percent to INR 6.30 billion, according to StockFin. The figures make the lending subsidiary's funding plan relevant to the group's earnings mix.

Chronology: on June 30, 2026, Bajaj Finserv paid a dividend of INR 1.50 per share, according to Bajaj Finserv. On July 31, 2026, first-quarter revenue reached INR 42.04 billion and profit after tax reached INR 6.30 billion, according to StockFin. On October 1, 2026, the board approved the INR 58.00 billion warrant subscription, as reported by ScanX.

November results set the next marker

The next dated company event is November 3, 2026, when the board is scheduled to review unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, according to Sharpely.

Stock valuation before results

On NSE, Bajaj Finserv was trading at INR 1,734.00 on October 16, 2026 at 2:02 p.m. IST. Its market capitalization was INR 2.8 trillion on the same date, and the INR 1,597.00 to INR 2,195.00 52-week range places the quote 21.00 percent below its high.