Acquisition

1 October 2026 To To Corporate Relations Department. Corporate Listing Department. BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor Rotunda Building, P J Tower, Plot No.C-1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 BSE CODE: 532978 NSE CODE: BAJAJFINSV Dear Sir/Madam, Sub.: Information under Reg. 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) The Board at its meeting held on 1 October 2026 has approved subscription to Warrants convertible into equivalent number of Equity Shares for an aggregate cash consideration not exceeding Rs. 5,800 Crore (Rupees Five Thousand Eight Hundred Crore only), in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”) and other applicable laws, by way of preferential allotment on a private placement basis to be issued by Bajaj Finance Limited, a subsidiary of the Company. The details as required under SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30 January 2026, is enclosed herewith as Annexure-A. The meeting commenced at 21:15 Hrs. (IST) and concluded at 21:30 Hrs. (IST). We request you to kindly take the same on record. Thanking you. FOR BAJAJ FINSERV LIMITED UMA SHENDE COMPANY SECRETARY Email ID: investors@bajajfinserv.in Encl.: As above Page 1 of 3 https://www.aboutbajajfinserv.com/about-us Registered Office: 6th Floor, Bajaj Finserv House, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India Tel: +91 20 7150 5700 | Fax: +91 20 7150 5792 Corporate ID No.: L65923PN2007PLC130075 | Email ID: investors@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: Sr. Particulars Description 1 Name of the target entity, details in brief Name of Target Entity: Bajaj Finance Limited such as size, turnover, etc. Details of Target Entity: Bajaj Finance Limited, a listed subsidiary of Bajaj Finserv Limited, and is a deposit-taking Non- Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and classified as an NBFC-Investment and Credit Company (NBFC). During the year ended 31 March 2026, Bajaj Finance Limited generated a turnover of Rs. 69,850.79 crore. 2 Whether the acquisition would fall within Though Bajaj Finance Limited, is a related party of the related party transaction(s) and whether Company being its subsidiary, the proposed subscription to the promoter / promoter group / group the specified securities i.e. convertible warrants on a companies have any interest in the entity preferential basis in accordance with the provisions of SEBI being acquired? If yes, nature of interest ICDR Regulations, 2018, is exempt as a related party and details thereof and whether the same transaction pursuant to proviso(a) to Regulation 2(zc) of the is done at arm's length. SEBI Listing Regulations, 2015. The Company as on date holds 51.30% of the total issued and paid-up Equity Share capital of in Bajaj Finance Limited. 3 Industry to which the entity being acquired Non-banking Financial Company belongs. 4 Objects and impact of acquisition Considering the proposed capital raise by Bajaj Finance (including but not limited to, disclosure of Limited, the Company has expressed its interest to reasons for acquisition of target entity, if participate in a manner that will signify its support and its business is outside the main line of commitment to Bajaj Finance Limited, which in turn would business of the listed entity). lend confidence to the prospective investors. The intention of the Promoter to participate is not driven on the immediate capital needs of Bajaj Finance Limited. 5 Brief details of any governmental or Not applicable. regulatory approvals required for the acquisition. Page 2 of 3 https://www.aboutbajajfinserv.com/about-us Registered Office: 6th Floor, Bajaj Finserv House, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India Tel: +91 20 7150 5700 | Fax: +91 20 7150 5792 Corporate ID No.: L65923PN2007PLC130075 | Email ID: investors@bajajfinserv.in Sr. Particulars Description 6 Indicative time period for completion of the The allotment of the warrants would be completed within the acquisition. 15 days from the date of the special resolution to be passed by the shareholders of Bajaj Finance Limited. 7 Consideration – whether cash Cash consideration. consideration or share swap or any other form and details of the same. 8 Cost of acquisition and/or the price at The price per Warrant to be issued pursuant to the which the shares are acquired. Preferential Issue will be determined in accordance with Chapter V of the SEBI ICDR Regulations by the Board of Bajaj Finance Limited or a duly constituted Committee thereof and shall not be less than the floor price as per Regulation 164(1) under Chapter V of the SEBI ICDR Regulations, subject to necessary adjustment in pricing in terms of Regulation 166(1)&(2) of SEBI ICDR Regulations, if required or applicable. 9 Percentage of shareholding / control The Company proposes to subscribe to warrants convertible acquired and/or number of shares into equivalent number of Equity Shares for an aggregate acquired. cash consideration not exceeding Rs. 5,800 Crore (Rupees Five Thousand Eight Hundred Crore only). Bajaj Finance Limited would continue to remain the subsidiary of the Company. 10 Brief background about the entity acquired Bajaj Finance Limited, a subsidiary of Bajaj Finserv Limited, in terms of products / line of business is a deposit-taking Non- Banking Financial Company (NBFC- acquired, date of incorporation, history of D) registered with the Reserve Bank of India (RBI) and last 3 years turnover, country in which the classified as an NBFC-Investment and Credit Company acquired entity has presence and any other (NBFC). significant information (in brief). History of last 3 years turnover: Year Turnover (Rupees In Crore) FY 2025-26 69,850.79 FY 2024-25 59,379.74 FY 2023-24 46,938.80 Date of Incorporation: 25 March 1987 Bajaj Finance Limited has its presence in India. Page 3 of 3 https://www.aboutbajajfinserv.com/about-us Registered Office: 6th Floor, Bajaj Finserv House, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India Tel: +91 20 7150 5700 | Fax: +91 20 7150 5792 Corporate ID No.: L65923PN2007PLC130075 | Email ID: investors@bajajfinserv.in