Bajaj Finserv Approves Issuance of 15 Lakh Shares to ESOP Trust Under Stock Option Scheme
Bajaj Finserv Ltd's Board of Directors approved a significant equity share issuance intended for its employee stock option scheme. The decision was made as part of the company's ongoing commitment to its workforce and compensation structure.The Board meeting, held on Friday, July 31, 2026, sanctioned the issue of 15,11,358 equity shares, with a face value of Re. 1 per share. These securities are designated for the Bajaj Finserv ESOP Trust (BFS-ESOP Trust).
The primary purpose of this issuance is to allow employees to meet their options through a primary issue at the respective grant prices, thereby furthering the Bajaj Finserv Limited Employee Stock Option Scheme as amended. The equity shares proposed are set to rank pari passu with existing equity shares of the company.
Details concerning the stock issuance are summarized below:
| Particulars | Details |
|---|---|
| Type of Securities | Equity shares of face value of Re. 1 ranking pari passu with the existing equity shares. |
| Issuance Purpose | Issue to Bajaj Finserv ESOP Trust (BFS-ESOP Trust) to meet employee options via primary issue at grant prices. |
| Total Shares Issued | 15,11,358 equity shares |
| Aggregate Value of Issuance | Rs. 196.08 crore |
BAJAJFINSV Stock Price Movement
As of 12:24 PM, Bajaj Finserv Limited shares rally strongly in live trading, currently priced at ₹2002.1 after posting a significant gain of 4.85%. The stock is navigating a volatile session, having ranged between an intraday low of ₹1930 and a high of ₹2016.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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