Allotment of Securities

10 November 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 Dear Sirs/Madam, Sub: Preferential Issue of warrants (“Warrants”) convertible into equivalent equity shares of face value ₹ 1 each (the “Equity Shares”) by Bajaj Finance Limited (the “Company”) to Bajaj Finserv Limited, Promoter and holding company (the “Promoter”) under the provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”) (the “Issue”) This is in furtherance to our earlier intimation dated 10 November 2026 in respect of issue price of warrants to be allotted to Promoter on preferential basis. We wish to inform you that the PI 2026- Allotment Committee duly constituted by the Board of Directors of the Company (“Committee”) has at its meeting held today i.e., 10 November 2026, approved the allotment of 5,74,25,740 Warrants to the Promoter at the Issue price of Rs. 1,010 per Warrant convertible into equivalent number of Equity Shares of face value of Re. 1 each, pursuant to the Issue. 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 of the Committee commenced at 11:45 hours and concluded at 12:00 hours. Thanking you, Yours faithfully, For BAJAJ FINANCE LIMITED R. VIJAY COMPANY SECRETARY Email ID: investor.service@bajajfinserv.in Encl.: As above 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. Sr. Disclosure Details No. Requirement 1 Type of securities Warrants convertible into equivalent number of Equity proposed to be issued Shares of face value of Re. 1 each 2 Type of issuance Preferential Allotment 3 Total number of 5,74,25,740 Warrants convertible into equivalent number of securities proposed to be Equity Shares of face value of Re. 1 each, allotted at issue issued or the total price of Rs. 1,010 per warrant. amount for which the securities will be issued 4. Name of the investors Bajaj Finserv Limited ("Allottee”), Promoter and Holding company 5. Post allotment of securities a. outcome of the Details of shareholding of Bajaj Finserv Limited in the subscription Company is as under: Pre-preferential allotment Post-Preferential Issue Shareholding (after allotment of Warrants and their full conversion into Equity Shares and ESOPs) - Diluted No. of Equity % No. of Equity % Shares Shares 3,19,36,61,300 51.30 3,25,10,87,040 51.23 b. issue price/allotted Rs. 1,010 per warrant price (in case of convertible) c. number of investors 1 (One) 6. In case of convertibles - (a) Each of the warrants are convertible into equivalent intimation on conversion number of Equity Shares which are pari- passu with the fully of securities or on lapse paid-up equity shares of the Company. of the tenure of the instrument (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. 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 Details No. Requirement (c) In the event that the 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