Bajaj Housing Finance Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 23, 2025
BAJAJHFL · price
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Bajaj Housing Finance has announced its 17th AGM to be held on Wednesday, 23 July 2025 at 3:45 p.m. at Hotel Hyatt Regency, Pune. Shareholders will vote on five items, including adoption of FY2025 financial statements, re-appointment of director Atul Jain (retiring by rotation), and appointment of M/s DVD & Associates as Secretarial Auditor for five years (FY2026–FY2030) at a fee of ₹3,50,000 per annum. A special resolution seeks approval to issue non-convertible debentures (NCDs) on a private placement basis over the next year, within the overall borrowing limit of ₹1,50,000 crore. Another key resolution seeks shareholder approval for material related party transactions with Bajaj Finance Limited (BFL) up to ₹12,612 crore, up from the ₹7,675 crore approved via postal ballot in December 2024. E-voting will be open from 19 July to 22 July 2025, with the cut-off date set as 16 July 2025.
The NCD borrowing and related party transaction approvals are largely enabling resolutions to fund ongoing lending operations, with the BFL transaction limit rising ~64% over the prior approval. Routine in nature and aligned with business growth, these resolutions are expected to pass without opposition, with no material adverse impact expected for shareholders.