Bajaj Finserv Ltd. Proposes Dividend for the Financial Year Ended 31 March 2023, Payable on or About 28 July 2023 or 29 July 2023
July 04, 2023 at 07:29 am EDT
Share
Bajaj Finserv Ltd. at its AGM to be held on July 27, 2023, proposed to declare a dividend of INR 0.8 per equity share of face value of INR 1.00 for the financial year ended 31 March 2023. Subject to the provisions of section 126 of the Act, dividend on equity shares, if declared, at the e-AGM, will be credited/dispatched on or about 28 July 2023 or 29 July 2023.
Bajaj Finserv Limited is a holding company for various financial services businesses. It is engaged in the business of promoting financial services such as finance, insurance, broking, investments, and others, including distribution using digital platforms through its investments in subsidiaries and joint ventures. It is also engaged in the business of generating power through wind turbines, a renewable source of energy. Its segments include life insurance, general insurance, windmill, retail financing, and investments and others. It focuses on urban lending, two and three-wheeler lending, small and medium enterprise lending, rural lending, mortgages, loan against securities, and commercial lending. It serves various customers through its subsidiaries by providing financial products and services for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.