Bajaj Finance board of directors concluded their meeting on 29 April 2026, formally approving the audited standalone and consolidated financial results for Q4FY26. The meeting, which commenced at 1:45 p.m. and concluded at 3:50 p.m., addressed key corporate actions including dividend recommendations and Annual General Meeting scheduling.

Board Meeting Outcomes and Regulatory Compliance

The board approved audited financial results prepared under Indian Accounting Standards (Ind AS) for the quarter and financial year ended 31 March 2026. The company submitted comprehensive documentation to stock exchanges including audit reports with unmodified opinions, press releases, and regulatory compliance certificates under SEBI Listing Regulations.

Outstanding Q4FY26 Financial Performance

The company reported exceptional consolidated results for Q4FY26, with consolidated net profit growing 22% to ₹5,464 crore compared to ₹4,480 crore in the previous year. Consolidated revenue increased 17% to ₹19,170 crore from ₹16,360 crore year-on-year, demonstrating strong operational momentum across all business segments.

Dividend Recommendation and Record Date

The Board of Directors recommended a final dividend of ₹6.00 per equity share of face value ₹1 each for FY26. This includes a special payout of ₹0.60 per equity share from exceptional gain on sale of BHFL shares. The record date for dividend eligibility has been fixed as 30 June 2026, with dividend credit expected around 03 August 2026.

Annual General Meeting Schedule

The company announced that its 39th Annual General Meeting will be held on Thursday, 30 July 2026. The dividend recommendation will be presented to shareholders for approval during this meeting, with further details to be provided in due course through separate communications to stakeholders.

Bajaj Finance Limited's Board of Directors has approved a substantial increase in the company's borrowing capacity, marking a significant step in the non-banking financial company's capital structure expansion. The decision was taken during a board meeting held on April 29, 2026, demonstrating the company's strategic approach to enhancing its financial resources.

Board Approval for Enhanced Borrowing Capacity

The board has approved raising the overall borrowing limit from Rs 375,000 crore to Rs 550,000 crore, representing an increase of Rs 175,000 crore. This enhancement is proposed under Section 180(1)(c) of the Companies Act, 2013, and requires shareholder approval at the Annual General Meeting.

Debt Instruments and Funding Structure

The approved funding strategy includes raising funds through various debt instruments, with non-convertible debentures being a key component. The company has the flexibility to issue these instruments in both Indian Currency and Foreign Currency formats, providing operational versatility in capital markets.

The specific terms of the debt instruments will be determined based on market conditions and will include:

• Rate of interest as per market dynamics
• Tenor based on company requirements
• Security arrangements as applicable
• Terms as outlined in respective offer documents

Regulatory Framework and Communication

The decision has been communicated to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 read with Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also informed Catalyst Trusteeship Limited, Pune, which serves as the Debenture Trustee.

Strategic Implications and Next Steps

This borrowing limit enhancement provides Bajaj Finance with increased financial flexibility to support its business operations and growth strategies. The ability to access both domestic and international debt markets through various instruments positions the company to optimize its cost of capital based on prevailing market conditions.

The Notice of Annual General Meeting will be filed with stock exchanges simultaneously with its dispatch to company members, ensuring transparent communication of this significant corporate decision to all stakeholders. The funds will be raised on terms including rate of interest, tenor, and security as per the offer documents that may be issued by the company from time to time.