NewsData.io24 Sept 2026, 6:36 am ISTDelayed
Bajaj Finance to consider raising capital
What happened
- Bajaj Finance shares fell 5% on September 24.
- The company's board will meet on October 1 to discuss raising fresh capital.
- Methods under consideration include a preferential issue of shares and a qualified institutions placement.
Key terms explained
Financial terms from this story, in everyday words.
- Preferential issue
- Issuing new shares to a select group of investors rather than the general public.
- Qualified institutions placement (QIP)
- A way for listed companies to raise money by selling shares to large institutional investors.
Original source
NewsData.io
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