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Result of Postal Ballot

| Updated on December 23, 2011 Published on December 23, 2011

Bajaj Finance Ltd has informed BSE that the members of the Company by way of Postal Ballot have passed the
following resolutions :

1. Ordinary Resolution under Section 293(1)(d) of the Companies Act, 1956 according consent for increase in borrowing powers of the Board of Directors upto Rs. 20,000 Crores (including the temporary loans obtained / to be obtained from the Companys bankers in the ordinary course of business).

2. Ordinary Resolution under Section 293(1)(a) of the Companies Act, 1956 according consent to the Board of Directors to create mortgages, charges, hypothecation, or other Securities on all or any of the Companys assets and properties, both present and future, whether movable or immovable including the whole and/or substantially the whole of the Companys undertaking upto a maximum amount of Rs. 20,000. Crores.

Source : BSE - >www.bseindia.com

Published on December 23, 2011
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