Bajaj Finance Limited has announced that its 39th Annual General Meeting (AGM) will be held through video conferencing and other audio-visual means. The meeting is scheduled for July 30, 2026, at 3:30 p.m. IST, in compliance with the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company intimated the stock exchanges regarding the publication of advertisements in newspapers on June 23, 2026. The advertisements appeared in the Financial Express (all editions) and Kesari (Pune edition) to inform shareholders about the meeting. The notice of the e-AGM and the Annual Report for FY2026 will be available on the company's website, as well as on the websites of BSE Limited and National Stock Exchange of India Limited.

Meeting Details and Access

The e-AGM will be conducted to transact the business listed in the notice convening the meeting. KFin Technologies Limited has been appointed as the e-voting service provider. The detailed procedure for remote e-voting and voting during the meeting will be provided in the Notice of e-AGM.

Key Information for Shareholders

Shareholders holding shares in physical form must submit Form ISR-1 to update their email address or bank account details. Those holding shares in dematerialised form should update their details with their respective Depository Participants. For queries, members can contact einward.ris@kfintech.com or call the toll-free number 1800-309-4001.

Bajaj Finance has received a continued vote of confidence from global brokerage JPMorgan, which has maintained its Overweight rating on the stock with a target price of ₹1,080. The brokerage's stance is anchored in the company's robust growth trajectory, resilient asset quality, and a set of structural operational advantages that are expected to drive meaningful earnings expansion over the medium term.

Key Highlights of JPMorgan's Rating

The following table summarises the key parameters underpinning JPMorgan's Overweight call on Bajaj Finance:

Growth Momentum and Asset Quality

JPMorgan's positive outlook is primarily driven by Bajaj Finance's strong growth momentum, which the brokerage views as sustainable despite prevailing macro and geopolitical uncertainties. Stable asset quality remains a critical pillar of the thesis, reflecting the company's disciplined underwriting and risk management practices. The brokerage acknowledges the broader external risks but considers the company's fundamentals sufficiently resilient to weather such headwinds.

NIM Outlook and Operational Efficiency

On the margin front, Bajaj Finance has guided for a controlled net interest margin (NIM) decline of 10–12 basis points for FY27, a range that JPMorgan views as manageable. The brokerage also highlights the company's increasing adoption of artificial intelligence as a lever for cost optimisation, which is expected to partially offset margin pressures. Lower credit costs further complement this efficiency narrative, reinforcing the earnings growth outlook.

Earnings CAGR Projection

Collectively, these factors — strong loan growth, stable asset quality, controlled NIM compression, AI-driven cost efficiencies, and declining credit costs — are expected to support a 26% earnings CAGR over FY26–28, as per JPMorgan's assessment. This projection underscores the brokerage's conviction in Bajaj Finance's ability to compound earnings at an above-average pace relative to the broader financial services sector.