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Bajaj Finance Launches Up to $1.25 Billion Share Sale

Bloomberg(subscription required) ·

Bajaj Finance Ltd. launched a share sale to raise as much as 117 billion rupees ($1.25 billion) from institutional investors in Mumbai, according to terms seen by Bloomberg, in what would be the first major Indian equity offering since Jio Platforms Ltd.’s record $3.1 billion initial public offering last month.

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  1. Bloomberg(subscription required)Bajaj Finance Launches Up to $1.25 Billion Share SaleBajaj Finance Ltd. launched a share sale to raise as much as 117 billion rupees ($1.25 billion) from institutional investors in Mumbai, according to terms seen by Bloomberg, in what would be the first major Indian equity offering since Jio Platforms Ltd.’s record $3.1 billion initial public offering last month.