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Bajaj Finance Limited ( (IN:BAJFINANCE) ) has shared an update.
Bajaj Finance Limited has approved the issuance of 3,472,439 equity shares of face value Re. 1 each to the Trustees of the BFL Employee Welfare Trust under the company’s Employee Stock Option Scheme, 2009. The move reinforces the firm’s long-term employee incentive framework and is expected to further align staff interests with shareholder value, while modestly expanding the company’s equity base.
The board cleared this allotment at its meeting held on 23 March 2026, conducted in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. By channeling these shares through the employee welfare trust, Bajaj Finance continues to use equity-linked compensation as a strategic tool to retain talent and support sustained growth in a competitive financial services market.
More about Bajaj Finance Limited
Bajaj Finance Limited is a leading Indian non-banking financial company focused on consumer finance, SME lending and commercial lending, with a significant presence in retail loans, deposits and diversified financial services. It operates under the Bajaj Finserv umbrella and is listed on major Indian stock exchanges, serving a broad base of retail and institutional customers across the country.
Average Trading Volume: 584,865
Technical Sentiment Signal: Hold
Current Market Cap: 5167.2B INR
Learn more about BAJFINANCE stock on TipRanks’ Stock Analysis page.