BANKING & FINANCE
Bajaj Finserv To Invest ₹5,800 Cr In Bajaj Finance Convertible Warrants
Bajaj Finserv Ltd, the financial services arm of the Bajaj Group, has approved the subscription to warrants convertible into an equivalent number of equity shares of its subsidiary Bajaj Finance Ltd for an aggregate cash consideration of ₹5,800 crore. The subscription will be made through a preferential allotment on a private placement basis. Bajaj Finserv […]
CW Bureau
·
Oct 2, 2026
GENERAL
TANFAC Industries Raises ₹423.50 Cr To Fund Its Strategic Growth Plans
Fluorine chemicals manufacturer TANFAC Industries Ltd. has raised ₹423.50 crore through a Qualified Institutional Placement (QIP) and a proposed preferential issue to fund capacity expansion and strategic growth initiatives. The company raised ₹250 crore through the QIP, while its Board has approved a preferential issue of ₹173.50 crore through the allotment of 7,41,082 equity shares […]
CW Bureau
·
Jul 7, 2026
BANKING & FINANCE
Axis Max Life Insurance To Raise ₹389 Cr Via Preferential Issue To Axis Bank
Axis Max Life Insurance Ltd (formerly Max Life Insurance Co Ltd), a leading private insurer, has decided to raise ₹389 crore to support its future growth initiatives through a preferential issue of equity shares to Axis Bank. Accordingly, Axis Max Life will issue 2.51 crore equity shares of face value ₹10 each at a premium […]
CW Bureau
·
Apr 3, 2026
