Outcome of QIP 2026 - Special Committee Meeting

November 11, 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 Sir/Madam, Sub: Qualified institutions placement of equity shares of face value of ₹1 each (the “Equity Shares”) by Bajaj Finance Limited (the “Company”) under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 23(1)(b), 42 and 62(1)(c) of the Companies Act, 2013, including the rules made thereunder, each as amended (the “Issue”) We wish to inform you that pursuant to the approval of the board of directors of the Company (the “Board”), at its meeting held on October 1, 2026, and pursuant to the special resolution passed by the shareholders of the Company dated November 2, 2026, the QIP 2026 - Special Committee of the Board (the “QIP Committee”) , at its meeting held today, i.e. November 11, 2026, inter alia, considered and approved the following: a. Authorizing the opening of the Issue today, i.e. November 11, 2026 to eligible qualified institutional buyers in accordance with the terms of the Issue as per SEBI ICDR Regulations; b. Approving the floor price for the Issue, being ₹ 992.25 per Equity Share, (the “Floor Price”), based on the pricing formula as prescribed under the SEBI ICDR Regulations; c. Approving the preliminary placement document dated November 11, 2026, together with the application form dated November 11, 2026, to be sent to eligible qualified institutional buyers inviting bids and for the purpose of receiving filled in application forms along with application amounts for subscription of Equity Shares, in connection with the Issue; We further wish to inform you that the QIP Committee has fixed the ‘relevant date’ for the purpose of the Issue, in terms of the Regulation 171(b)(i) of the SEBI ICDR Regulations, as November 11, 2026, and accordingly the Floor Price in respect of the aforesaid Issue, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is ₹ 992.25 per Equity Share. 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 Pursuant to Regulation 176(1) of the SEBI ICDR Regulations and the approval of the shareholders, accorded through a special resolution dated November 2, 2026, the Company may offer a discount of not more than 5% on the Floor Price so calculated for the Issue. The Issue price will be determined by the Company in consultation with the book running lead managers (the “BRLMs”) appointed for the Issue. In this relation, we will file the preliminary placement document dated November 11, 2026, with the BSE Limited and National Stock Exchange of India Limited on November 11, 2026. The meeting of the QIP Committee commenced at 4.00 p.m. (IST) and concluded at 4.30 p.m. (IST). Copy of the preliminary placement document dated November 11, 2026 will be made available shortly on the website of our Company at https://www.aboutbajajfinserv.com/finance-investor-relation-qip We request you to take the above on record and the same be treated as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 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