Preferential issue

1 October 2026 To To The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1. Block G, Dalal Street, Bandra - Kurla Complex, Bandra (East) Mumbai – 400 001 Mumbai - 400 051 SCRIP CODE: 500034 SCRIP CODE: BAJFINANCE – EQ Sir/Madam, Sub: Outcome of Meeting of the Board of Directors held on 1 October 2026 Re: Our letter dated 23 September 2026 under Regulation 29(1)(d) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations") Further to the prior intimation issued on 23 September 2026 and in terms of the provisions of Regulation 30 (read with Part A of Schedule III) of the SEBI Listing Regulations, this is to inform you that the Board of Directors, at its meeting held today, i.e., 1 October 2026, inter alia, has approved, the following proposals, subject to such regulatory/statutory approvals as may be required, including approval of the shareholders of the Company: 1. Raising of capital through a Qualified Institutions Placement ("QIP") for an aggregate amount not exceeding Rs. 11,700 Crore (Rupees Eleven Thousand Seven Hundred Crore only) by the issue of equity shares of face value of Re. 1 each (“Equity Shares”) in accordance with the Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, and the rules made thereunder, including the Companies (Prospectus and Allotment of Securities) Rules, 2014 and the Companies (Share Capital and Debentures) Rules, 2014, and any other applicable laws, each as amended, and related matters thereto (collectively, “Applicable Laws”). 2. Preferential issue (“PI”) of warrants convertible into equivalent number of Equity Shares for an aggregate amount not exceeding Rs. 5,800 Crore (Rupees Five Thousand Eight Hundred Crore only), in accordance with the Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other Applicable Laws. 3. The Company will be seeking approval of the shareholders for the proposed QIP and PI by convening an Extra Ordinary General Meeting subject to applicable https://www.aboutbajajfinserv.com/finance-about-us Registered Office: 4th Floor, Bajaj Finserv House, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014 Corporate Office Extn.: 3rd Floor, Panchshil Tech Park, Viman Nagar, Pune - 411 014 Tel: +91 20 7157 6403 | Fax: +91 20 7157 6364 Corporate ID No.: L65910MH1987PLC042961 | Email ID: investor.service@bajajfinserv.in provisions/circulars issued by Ministry of Corporate Affairs and SEBI from time to time. The requisite disclosure, pursuant to Part A Para A of Schedule III read with Regulation 30, of the SEBI Listing Regulations and in terms of SEBI circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure ‘A’. The meeting commenced at 20:30 Hrs. IST and concluded at 21:00 Hrs. IST. Thanking you, Yours faithfully, For Bajaj Finance Limited R. Vijay Company Secretary Email ID: investor.service@bajajfinserv.in https://www.aboutbajajfinserv.com/finance-about-us Registered Office: 4th Floor, Bajaj Finserv House, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014 Corporate Office Extn.: 3rd Floor, Panchshil Tech Park, Viman Nagar, Pune - 411 014 Tel: +91 20 7157 6403 | Fax: +91 20 7157 6364 Corporate ID No.: L65910MH1987PLC042961 | Email ID: investor.service@bajajfinserv.in Annexure – A Disclosure pursuant to Part A Para A of Schedule III read with Regulation 30 of the SEBI Listing Regulation, 2015 and SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. A. Qualified Institutions Placement: Sr. Disclosure Requirements Details 1 Type of securities proposed to be Equity Shares of face value of Re. 1 each issued 2 Type of issuance Qualified Institutions Placement to Qualified Institutional Buyers in terms of Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 3 Total number of securities proposed to Up to Rs. 11,700 Crore be issued or the total amount for which the securities will be issued (approximately) B. Preferential Issue: Sr. Disclosure Requirement Details 1 Type of securities proposed to Warrants convertible into equivalent number of be issued Equity Shares of face value of Re. 1 each 2 Type of issuance Preferential Allotment 3 Total number of securities Warrants convertible into equivalent number of proposed to be issued or the Equity Shares for an aggregate amount not total amount for which the exceeding Rs. 5,800 Crore securities will be issued (approximately) 4. Name of the investors Bajaj Finserv Limited ("Proposed Allottee”), promoter and holding company 5. Post allotment of securities a. outcome of the subscription Warrants convertible into equivalent number of Equity Shares for an aggregate amount not exceeding Rs. 5,800 Crore https://www.aboutbajajfinserv.com/finance-about-us Registered Office: 4th Floor, Bajaj Finserv House, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014 Corporate Office Extn.: 3rd Floor, Panchshil Tech Park, Viman Nagar, Pune - 411 014 Tel: +91 20 7157 6403 | Fax: +91 20 7157 6364 Corporate ID No.: L65910MH1987PLC042961 | Email ID: investor.service@bajajfinserv.in Sr. Disclosure Requirement Details b. issue price/allotted price (in Issue price will be determined at a later stage in case of non-convertible) accordance with applicable law. c. number of investors 1 (One) 6. In case of convertibles - (a) Each of the warrants are convertible into intimation on conversion of equivalent number of Equity Shares which are pari- securities or on lapse of the passu with the fully paid-up equity shares of the tenure of the instrument Company. (b) On issue, a minimum of 25% of the consideration shall be payable on the date of allotment and balance 75% shall be payable at the time of allotment of Equity Shares pursuant to the exercise of options against the warrants, in accordance with the SEBI ICDR Regulations. (c) In the event that the Proposed Allottee does not exercise the option for Equity Shares against any of the warrants within a period of eighteen months from the date of allotment of such warrants or such other period permitted under the SEBI ICDR Regulations, the consideration amount payable shall stand forfeited by the Company. https://www.aboutbajajfinserv.com/finance-about-us Registered Office: 4th Floor, Bajaj Finserv House, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014 Corporate Office Extn.: 3rd Floor, Panchshil Tech Park, Viman Nagar, Pune - 411 014 Tel: +91 20 7157 6403 | Fax: +91 20 7157 6364 Corporate ID No.: L65910MH1987PLC042961 | Email ID: investor.service@bajajfinserv.in