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
AUTO
Tunwal E-Motors Board Approves ₹10.20 Cr Preferential Warrant Issue
Tunwal E-Motors Ltd has approved a proposal to issue up to 34 lakh convertible warrants on a preferential basis to identified members of its promoter and promoter group for an aggregate consideration of up to ₹10.20 crore. The proposal was approved by the company’s board of directors at its meeting held on September 4, 2026, […]
CW Bureau
·
Sep 15, 2026
BANKING & FINANCE
Fairfax India To Invest ₹2,000 Cr In IIFL Capital, Increase Stake To 51%
Fairfax India Holdings Corporation is set to increase its stake in IIFL Capital Services Ltd to 51% through an investment of ₹2,000 crore via preferential allotment of shares at ₹350 apiece. The proposed transaction will trigger a mandatory public offer under takeover regulations. Following the preferential allotment, Fairfax India’s wholly-owned subsidiary Fairfax Mauritius Investments Ltd […]
CW Bureau
·
May 7, 2026
