Bajaj Healthcare Gets Listing Approval for 20,79,409 Equity Shares via Warrant Conversion
Bajaj Healthcare Limited received listing approvals from NSE (ref: NSE/LIST/54371) and BSE (ref: LOD/PREF/RB/FIP/179/2026-27) on May 06, 2026, for 20,79,409 equity shares of ₹5/- each issued at a premium of ₹333/- per share via preferential warrant conversion. Trading approval is contingent on NSDL/CDSL depository confirmations and compliance with SEBI ICDR Regulation 167 and LODR Regulation 31(1)(c).

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Bajaj Healthcare Limited has received listing approvals from the National Stock Exchange of India Limited (NSE) and BSE Limited for 20,79,409 equity shares of face value ₹5/- each. The approvals, communicated on May 06, 2026, pertain to shares allotted pursuant to the exercise of options for the conversion of convertible warrants into equity shares on a preferential basis. The development was disclosed by the company in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Monica Tanwar, Company Secretary and Compliance Officer of Bajaj Healthcare Limited, on May 07, 2026.
Key Details of the Listing Approval
The following table summarises the key parameters of the approved listing:
| Parameter: | Details |
|---|---|
| Number of Equity Shares: | 20,79,409 |
| Face Value: | ₹5/- each |
| Issue Premium: | ₹333/- per share |
| Distinctive Numbers: | 31583253 to 33662661 |
| Allottees: | Promoters and Non-Promoters |
| Basis of Allotment: | Preferential basis via warrant conversion |
| NSE Approval Reference: | NSE/LIST/54371 |
| BSE Approval Reference: | LOD/PREF/RB/FIP/179/2026-27 |
| Approval Date: | May 06, 2026 |
Exchange Approvals and Conditions
NSE granted in-principle approval for the listing of the 20,79,409 equity shares, subject to confirmation from depositories NSDL and CDSL regarding the credit of beneficiaries' accounts. BSE similarly granted listing approval and noted that trading approval will be issued only after the company fulfils specific conditions.
The conditions stipulated by BSE for trading approval include:
- Submission of listing approval from NSE (if applicable)
- Confirmation letters from NSDL/CDSL confirming credit of the shares to respective beneficiary accounts and admission to the depository system
- Confirmation letters from NSDL/CDSL regarding lock-in of pre-preferential holding (if applicable)
Regulatory Compliance Requirements
BSE further directed Bajaj Healthcare to ensure compliance with Regulation 167 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations. The exchange also noted that, as per Schedule XIX of the ICDR Regulations and SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, the company is required to make an application for trading approval to the stock exchanges within seven working days from the date of grant of listing approval. Non-compliance with this requirement will attract fines as specified in the aforementioned SEBI circular.
Additionally, BSE indicated that in the event of a change exceeding two per cent of the total paid-up share capital, the company shall file the shareholding pattern in XBRL mode as required under Regulation 31(1)(c) of the SEBI LODR Regulations, 2015.
Historical Stock Returns for Bajaj HealthCare
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.93% | +4.60% | +7.01% | -24.00% | -36.16% | -7.27% |
How will the conversion of 20,79,409 warrants into equity shares impact Bajaj Healthcare's promoter shareholding pattern and overall ownership structure?
What are the intended use of funds raised through this preferential warrant conversion, and how might it influence Bajaj Healthcare's growth strategy or debt profile?
Could the dilution resulting from this equity issuance at ₹338 per share (face value plus premium) exert downward pressure on Bajaj Healthcare's stock price in the near term?


































