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( 16 Oct 2019)
Bajaj Finance L - Update on Board Meeting under regulation 29(1) and 50(2) of SEBI LODR 2015

We refer to our letter dated 16 May 2019 informing BSE Limited and National Stock Exchange of India Limited (Exchanges) regarding the Board of Directors of the Company approving borrowing by way of external commercial borrowing (ECB) for an aggregate amount up to USD 750 million.

We now wish to inform that the Board of Directors, at their meeting scheduled on 22 October 2019, details of which have been communicated to the Exchanges vide our letter dated 23 September 2019, will, inter-alia, consider revision in the aforementioned limits approved for ECBs by way of loan and/or issuance of secured/unsecured notes, bonds, debenture, etc. subject to approval and directions issued by Reserve Bank of India, from time to time, within the overall borrowing limit as approved by the shareholders, from time to time.

Kindly take the above intimation on your record.