Bajaj Housing Finance Board approves IPO

Mumbai, June 06: Bajaj Housing Finance Is a 100% subsidiary of *Bajaj Finance Ltd*. In terms of the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, this is to inform you that the Board of Directors of the Company at its meeting held today, i.e. 6 June 2024 has approved an initial public offering of equity shares of ₹ 10 each of the Company (Equity Shares), which comprises of: (i) fresh issue of Equity Shares aggregating up to ₹ 4,000 crore* (subject to any revisions to such amount as may be permissible under applicable law); and (ii) *an offer for sale (‘OFS’) of Equity Shares subject to market conditions, receipt of applicable approvals, regulatory clearances and other considerations.