Mumbai, March 26 -- Bajaj Finance has allotted 15,50,000 equity shares on conversion of warrants to Bajaj Finserv, the Promoter and holding company on remittance of balance 75% of the consideration of Rs 891.64 crore.

Post conversion of warrants, the shareholding of Bajaj Finserv in Bajaj Finance has increase to 51.39%.

Published by HT Digital Content Services with permission from Capital Market....