Bajaj Finance Limited - Capital/Financing Update 2023

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6 November 2023

THE MANAGER,BSE LIMITEDDCS - CRDPHIROZE JEEJEEBHOY TOWERSDALAL STREET,MUMBAI - 400 001	THE MANAGER,LISTING DEPARTMENTNATIONAL STOCK EXCHANGE OF INDIALTD. EXCHANGE PLAZA, C-1. BLOCK G,BANDRA - KURLA COMPLEX, BANDRA(EAST) MUMBAI - 400 051
SCRIP CODE: 500034	SCRIP CODE: BAJFINANCE – EQ

Dear Sir/ Madam,

Sub: Qualified institutions placement of equity shares of face value Rs. 2 each (the “Equity Shares”) by Bajaj Finance Limited (the “Company”) under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 42, 23(1)(b) and 62(1)(c) of the Companies Act, 2013, including the rules made thereunder, each as amended, (the “Issue”).

We wish to inform you that pursuant to the approval accorded by the Board of Directors of the Company (the “Board”), at its meeting held on 5 October 2023 and the special resolution passed by the members of the Company at the Extraordinary General Meeting held on 31 October 2023, the QIP Special Committee (“Committee”) has, at its meeting held today i.e., 6 November 2023, inter alia , passed resolutions for the following:
- a. Authorising the opening of the Issue today, i.e., Monday, 6 November 2023;
- b. Approving and adopting the preliminary placement document dated 6 November 2023 and the application form in connection with the Issue; and
- c. Approving the floor price for the Issue, based on the pricing formula as prescribed under the SEBI ICDR Regulations.
We further wish to inform you that the ‘Relevant Date’ for the purpose of the Issue, in terms of Regulation 171(b) of the SEBI ICDR Regulations, is Monday, 6 November 2023 and accordingly the floor price in respect of the aforesaid Issue, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is Rs. 7,533.81 per Equity Share. Pursuant to Regulation 176(1) of the SEBI ICDR Regulations, and in accordance with the approval of the members of the Company accorded through a special resolution on 31 October 2023, the Company may, at its discretion, offer a discount of not more than 5% on the floor price so calculated for the Issue.

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www.bajajfinserv.in/corporate-bajaj-finance

Corporate Office: 4[th] Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India

Corporate Office Extn.: 3[rd] Floor, Panchshil Tech Park, Viman Nagar, Pune – 411 014, Maharashtra, India Tel: +91 20 7157 6403 | Fax: +91 20 7157 6364 Registered Office: C/o Bajaj Auto Limited complex, Mumbai - Pune Road, Akurdi, Pune - 411 035, Maharashtra, India Corporate ID No.: L65910MH1987PLCO42961 | Email ID: [email protected]

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In this relation, we will file the preliminary placement document dated 6 November 2023 with the BSE Limited and National Stock Exchange of India Limited on 6 November 2023.

The Issue price will be determined by the Company in consultation with the book running lead managers appointed for the Issue.

In addition to the above, the QIP Special Committee on 6 November 2023 has approved the uploading of additional disclosures in relation to the unaudited consolidated financial results of the Company prepared as per Indian Accounting Standards (Ind AS) for the quarter and half ended 30 September 2023 on the website of the Company and the same is being made available at https://www.aboutbajajfinserv.com/finance-investor-relationsfinancial-results

The meeting of the Committee commenced at 4:30 p.m. and concluded at 5:20 p.m.

We request you to take the above on record and treat the same as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you,

Yours faithfully, For Bajaj Finance Limited Digitally signed by VIJAY RAMCHANDRA VIJAY DN: c=IN, o=PERSONAL, pseudonym=722e29a16cf64676bc75d1b67cea509d, 2.5.4.20=c78f85aa58180cc29440efb4e892d483d085 d17b433a905c56ab2b61527257bf, RAMCHANDR postalCode=560027, st=KARNATAKA, serialNumber=fc8684b15269c625c72aa7633770e8c 160d844db57fa2ef224f0cee0a8c26d0e, cn=VIJAY A RAMCHANDRA Date: 2023.11.06 17:32:21 +05'30' R Vijay Company Secretary Email ID: [email protected]

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www.bajajfinserv.in/corporate-bajaj-finance

Corporate Office: 4[th] Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India