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The board of directors of Bajaj Finance will meet on July 19 to take on record the unaudited financial results for the quarter ending June 30, 2017. The board will also consider, among other items, approval of fund-raising through a qualified institutional placement. Investors will closely monitor the quantum of fund raising, price of the issue and the number of shares to be sold through the QIP. Besides, the purpose of the fund-raising will also be watched closely.
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