Bajaj Finance’s board will convene on 1 October to deliberate a fundraising proposal that could involve a preferential issue, a qualified institutional placement (QIP), or other methods. The announcement came after the company’s shares fell 6.4% on 24 September, despite the firm’s statement that the board would meet to discuss raising capital. The meeting is scheduled to take place on Thursday, 1 October, as per a regulatory filing.

According to the filing, the Pune‑based non‑banking financial company will hold the board meeting on Thursday, 1 October. The agenda will include evaluating the proposal to raise funds through any or all of the available methods, such as a preferential issue or a qualified institutional placement. The board will assess the potential impact on capital structure and shareholder value before making a recommendation for shareholders.

The proposed fundraiser, if approved by the board, will be subject to additional regulatory and statutory approvals, including consent from the company’s shareholders. The filing notes that the board’s decision will be contingent upon obtaining all necessary approvals from relevant authorities before any capital‑raising activity can proceed. This layered approval process is standard for large NBFCs seeking to expand their capital base in India regulation.

Bajaj Finance reported a net profit attributable to the owners of ₹5,986 crore for the first quarter of the April‑June period of the 2026‑27 financial year, up 27% year‑on‑year from ₹4,700 crore in the same quarter of the previous year. Net interest income rose 23% year‑on‑year to ₹12,571 crore, compared with ₹10,228 crore in Q1 FY26. Assets under management increased 24% year‑on‑year to ₹5,46,944 crore, versus ₹4,41,450 crore a year earlier. This performance reflects strong growth in loan portfolio and interest margin.

Shares of Bajaj Finance fell as much as 6.4% to an intraday low of ₹976 per unit on the National Stock Exchange on 24 September, amid a broad‑based market decline. At 10:33 AM the scrip traded at ₹993.60, a 4.75% drop. Over the past week the stock has lost 2%, and over the month 7%, although it has gained more than 2% year‑to‑date. The 52‑week high was ₹1,176.40 on 3 August 2026, and the year‑low ₹787.90 on 23 March 2026 today market.