Share Transfer Agent

Investor Contact

Share transfers, dividend payments and all other investor related activities are attended to and processed at the office of our Share Transfer Agents. For lodgment of Transfer Deeds and any other documents or for any grievances/complaints, kindly contact at the following address:

Karvy Computershare Private Limited,
Karvy Selenium Tower B, Plot 31-32,
Gachibowli Financial District,
Nanakramguda, Hyderabad – 500 032

Contact persons : Mr M S Madhusudhan
Mr Mohd.Mohsinuddin
Tel No. (040) 6716 1500 Extn: 1562
Direct: (040) 6716 1562
e-mail : mohsin.mohd@karvy.com
Website : www.karvycomputershare.com

Frequently Asked Questions



Q1. I have purchased physical shares. How do I get them registered? How long will it take?

A. You will have to send the share certificates along with the Share Transfer Deed (Form 7-B), (available with Stock Exchange/Share Brokers) duly filled in, executed and affixed with appropriate share transfer stamps (available with authorized stamp vendors) at 0.25% of the market value on the date of execution of the transfer deed.

The shares, along with the Share Transfer Deed will have to be sent to our Share Transfer Agent (STA) at the following address:

Karvy Computershare Private Limited

Unit: Bajaj Finserv Limited (BFS)
Plot No. 17 to 24, Vittalrao Nagar
Near Image Hospital,
Madhapur, Hyderabad 500 081 (A P)
Tel : (040) 23420815 to 824 or 040 Cell No. +91 9107401094
Fax : (040) 23420814, E-mail : mohsin@karvy.com
Contact person : Mr Mohd Mohsinuddin

It is also mandatory on the part of transferee to lodge a copy of PAN card to the STA for registering the transfer of shares vide SEBI’s Circular No. MRD/DoP/Cir-05/2009 dated 20th May, 2009.

Normally, it takes 15 days for processing the transfer the shares are registered in your name, and the share certificates will be dispatched to you thereafter.

Q2. What is the procedure to add the name of another person as a joint-holder?


A. Addition of name is deemed to be transfer of shares. In such cases, the procedure laid for transfer of shares as stated above is required to be followed.

Q3. What is the procedure for revalidation of Transfer Deed?


A. A transfer deed is valid for a period of one year from the presentation date indicated in the stamp affixed by the Registrar of Companies on the upper portion of the deed or the closure date of Register of Members immediately after the presentation date, whichever is later.

In case of lapse of more than a year from the said date, you are required to get the TD duly revalidated by the office of the Registrar of Companies or such other notified authorities by paying the prescribed fee. Alternatively, you may approach the registered holder/seller whose signatures appear on the transfer deed as seller to execute fresh transfer deeds.

After revalidation as above, you should send the TD along with the share certificate(s) to the STA within one month from the date of revalidation.

Q4. What is the meaning of Transposition of shares?

A. Transposition is the process of interchanging the order of names in respect of shares held under a folio.

Q5. What is the procedure for transposition of shares?


A. Please submit your application in writing to the STA, duly signed by all the shareholders requesting for inter-change of names, enclosing therein all the share certificate(s) held under a particular folio. Your application should clearly state the order in which the name(s) should appear in the folio. Part transposition of shares is not permitted.

Submission of a copy of PAN card is mandatory for transposition of shares also in terms of SEBI’s Circular no. SEBI/MRD/DoP/SE/RTA/Cir-03/2010 dated January 07, 2010

Q6. Deletion of name of the shareholder who dies and continuing the shares in the name of surviving joint-holder?

A. The surviving shareholder(s) will have to submit a request letter supported by a notarized copy of the death certificate of the deceased shareholder and the relevant share certificates to our STA at the above-mentioned address.

On receipt of the said documents, STA will delete the name of deceased shareholder from its records and return the share certificates to the applicant /registered holder with necessary endorsement.

Submission of copy of PAN Card by the claimant is necessary vide SEBI’s Circular no. SEBI/MRD/DoP/SE/RTA/Cir-03/2010 dated January 07, 2010.

Q7. After deletion of name, as above, can I add another name?

A. Addition of name is deemed to be transfer of shares hence can be done by following the procedure laid for transfer of shares.

Q8. If a shareholder who held shares in his sole name dies without leaving a will. How can his legal heir/s get the shares transmitted in their names?


A. Firstly, the legal heirs have to obtain a Succession Certificate or Letter of Administration with respect to the shares and a true copy of the same, duly attested by the Court Officer, or Notary should be sent to our STA along with a dully-filled up transmission form (click here for the format), request letter along with all the share certificates in original & a copy of PAN card for transmission in their favour. List of documents required for transmission of shares is mentioned below:

List of documents required for processing request for transmission of shares.

  1. Copy of Succession Certificate / Letter of Administration/ Probate of Will duly certified by Notary / Gazetted Officer.
  2. Transmission Form (click here for the format) to be filled, signed and submitted with us. Please ensure that your specimen signature is attested by a Manager of Nationalized Bank with their Official Seal.
  3. No objection letter (click here for the format) from other legal heirs which is
    required to be executed on Non-Judicial stamp paper of the value of Rs.50/-if applicable, along with their copies of Address proof i.e., Passport / Driving License duly certified by Notary/Bank Manager with their Official Seal.
  4. Photo copy of Claimant (s) PAN Card duly certified by a Gazetted Officer. It is mandatory as per SEBI Norms vide Circular No. SEBI /MRD /Dop /SE /RTA /Cir- 03/2010 dated 07th January 2010.
  5. Claimant’s Proof of address, such as Electricity Bill/Telephone Bill/Water Bill/Ration Card/Pass Port/Driving License, duly attested.
  6. Copy of Death certificate of the shareholders, duly certified by Notary/ Gazetted Officer.
  7. Original share certificates.
  8. Request letter duly signed by the Claimant(s) for transmission of share(s).

All attested/certified copies should bear Official seal, Name, Address and Signature of attesting authority.

Q9. If the deceased family member who held shares in his/her own name (single) had left a will, how do the legal heir/s get the shares transmitted in their names?


A. The legal heirs should obtain a Succession Certificate or Letter of Administration with respect to the shares and a true copy of the same, duly attested by the Court Officer, or Notary should be sent to the company along with a request letter, copy of PAN card, transmission form, (format attached) and all the share certificates in original, for transmission in their favour.

Q10. I have already produced the attested/registered will. Since getting it probated would take a long time and money can I avoid that procedure?


A. You will appreciate that in order to ascertain that the will in question is the last will and testament made by the deceased, it is important & necessary that the same is authenticated/probated by the Court. This is to protect the interest of the investors at large and to obviate any future claims/disputes on the same.

Q11. The name of a joint holder was included only for convenience by the first holder. I am the only heir. Could you transfer the shares in my name as per the will/probate?


A. As per law, the joint holder is deemed to be having indivisible ownership of the joint property and the company cannot ascertain as to how or why the name was included. As per the Articles of Association of the company, the surviving joint holders are the only persons recognised as having title to the shares.

Q12. What is Dematerialization and its benefits?


A. Dematerialisation (©Demat©in short form) signifies conversion of a share certificate from its present physical form to electronic form for the same number of holding. It is a direct application of scope provided by the tremendous progress made in the area of Information Technology whereby voluminous and cumbersome paper work involved in the scrip based system is eliminated. It offers scope for paperless trading through state-of-the-art technology, whereby share transactions and transfers are processed electronically without involving any share certificate or transfer deed after the share certificates have been converted from physical form to electronic form.

Dematerialisation of shares is optional and an investor can still hold shares in physical form. However, he/she has to demat the shares if he/she wishes to sell the same through the Stock Exchanges. Similarly, if an investor purchases shares, he/she will get delivery of the shares in demat form.

The Depositories Act, 1996 has been enacted to regulate the matters related and incidental to the operation of Depositories and demat operations. Two Depositories are in operation - National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).

Advantages of holding securities in dematerialized form are as follows:

  • Convenient mode of holding securities, especially if you are holding shares of many companies;
  • Immediate transfer of securities;
  • No stamp duty is payable on transfer in demat mode
  • Elimination of risks such as bad delivery, fake securities etc.;
  • Reduction in paper work;
  • Reduction in transaction cost;
  • Saving of time - Change in address / bank account particulars / NECS particulars etc. / transmission procedure done / recorded with DP is automatically applicable to all companies in which the investor holds securities, thus eliminating the need to correspond with each of the companies separately.
  • Facilitates direct credit of shares in case of allotment under IPO, Rights, Bonus, Split etc. and direct credit of dividend to your designated account.

Further, SEBI has made it compulsory for all investors to settle their trades in BFS shares only in electronic form. Hence, shareholders intending to trade in BFS shares are required to hold the same in electronic form.

As a shareholder holding shares in dematerialized form, he / she will have the same rights as a shareholder of the Company viz. right to receive dividend, bonus shares, subscribe to rights shares, attend general meetings, receive communications etc.

Q13. How does the Depository System operate?


A. The operations in the Depository System involve the participation of a Depository, Depository Participants, Company/Registrars and Investors. The company is also called the Issuer.

A Depository (NSDL and CDSL) is an organisation like a Central Bank, i.e. Reserve Bank where the securities of an investor are held in electronic form, through Depository participants.

A Depository Participant is the agent of the Depository and is the medium through which the shares are held in the electronic form. They are also the representatives of the investor, providing the link between the investor and the company through the Depository.

To draw analogy, the Depository system functions very much like the banking system. A bank holds funds in accounts whereas, a Depository holds securities in accounts for its clients. A bank transfers funds between accounts whereas, a Depository transfers securities between accounts.

In both systems, the transfer of funds or securities happens without the actual handling of funds or securities. Both the banks and the Depository are accountable for safe keeping of funds and securities respectively. The company has to sign an Agreement with NSDL/CDSL (the depositories) and install the necessary hardware/software for operations.

Q14. What is the procedure for dematerialization of shares?

A.

  • Open a Beneficiary Account with a DP registered with SEBI and with any one of the Depositories i.e., NSDL or CDSL.
  • Submit the Dematerialization Request Form (DRF) (in triplicate) to your DP duly filled in and signed by all the shareholders, along with share certificate(s) and requisite documents. Ensure that the names and order of names as per certificate(s) matches with the names and order of the names as per the DP account.
  • Obtain an acknowledgement from the DP.
  • On receipt of DRF as above, DP will generate a Dematerialization Request Number (DRN) and the said DRN is electronically transmitted to the Company / STA through the concerned Depository.
  • Simultaneously, DP will send the physical certificate(s) with the original DRF to the Company/STA for verification and confirmation.
  • The Company/STA, on receipt of DRF and share certificate(s) as above, will process the said request and if the DRF is found to be in order {viz. verification of signature and certificate(s)}, will electronically confirm the said request.
  • The DP on receipt of such confirmation, will credit the account with the shares dematerialized.
  • The DP will hold the shares in the dematerialised form thereafter on your behalf and you will become beneficial owner of these dematerialised shares.

The procedures indicated above are only by way of guidance only and the same could vary from time to time and from DP to DP.

Q15. Once my shares are dematted, can I get them re-converted into physical shares?


A. If you are holding shares in electronic form, you still have the option to convert your holding in physical form by submitting a Rematerialisation Request Form (RRF) through your DP in the same manner as Dematerialisation. Upon receipt of such request from your DP, the Company/Registrars will issue share certificate(s) for the number of share(s) so rematerialized.

Q16. What are the charges to be paid to demat one's physical shares? Will it be paid by the company or do I have to pay for it?


A. The charges for demat have to be borne by the shareholder. The charges differ from DP to DP and you may have to choose your DP for the same.

Q17. How do I get my dividends on dematted shares? Will I get the Annual Report after I demat my shares and would I be able to attend the AGM?


A. The Depositories (NSDL/CDSL) will provide the list of demat account holders and the number of shares held by them in electronic form on the Record date to the company /registrar (known as Benpos). On the basis of Benpos, the company concerned will issue dividend warrants in favour of the demat account holders. The rights of the shareholders holding shares in demat form are at par with the holders in physical form. Hence you will be eligible to get the Annual Report and will have the right to attend the AGM as a shareholder.

Q18. What are the chances of any fraud/disputes in using a demat account? Whom should I approach in such cases?


A. Common risk factors applicable to trading in physical shares like mismatch in signatures, loss in postal transit, etc., are absent since the dematted shares are traded scrip less. However, in the event of any other dispute, the concerned Stock Exchange and/or Depository Custodian viz. NSDL/CSDL or SEBI would have to be approached for resolving such issues.

Q19. Can I pledge my dematerialized shares ?


A. Shares held in dematerialized form can be pledged as security for the purpose of availing loan/credit facility from a bank or as collateral for availing finance from other financial institutions, subject to complying with the terms and conditions prescribed by the DP.

Q20. What is the procedure for pledging of dematerialized shares?

A.

  • Both the Pledger as well as the Pledgee must maintain depository accounts;
  • Pledger has to initiate the pledge by filling and submitting to his DP the "Pledge Request Form" (PRF) in duplicate, duly filled in all respects;
  • The PRF should be signed by all joint-holders. The Pledgee may countersign the PRF;
  • On receipt of the PRF, the Pledger©s DP verifies whether the securities proposed to be pledged are unencumbered and there is enough free balance;
  • The Pledger’s DP then sets up a pledge in the depository system and a unique Pledge Sequence No. is generated;
  • The Pledger is required to submit the acknowledged copy of the PRF to the Pledgee;
  • The Pledgee©s DP can access the request online. Based on the Pledgee©s copy of PRF received from the Pledger, the Pledgee©s DP either accepts or rejects the request using the accept/ reject flag.

The procedures indicated above are only guidance, since the same could vary from time to time and DP to DP.

Q21. I have lost/misplaced my share certificates. What are the steps that I should take to obtain duplicate share certificates?


A. Please inform our STA immediately about loss of share certificates quoting the name of the company your folio number and details of share certificates if available. They shall immediately mark a caution on your folio to prevent any further transfer of shares covered by the lost share certificates. Simultaneously, you will have to lodge a complaint with the police regarding loss of share certificates and also furnish an acknowledged copy of the police complaint.

Upon receipt of all the above, our STA shall advise you further formalities to be complied with for issue of duplicate certificates.

Q22. What action should I take if I retrieve the original share certificate, which I had reported to be lost to the Company/Registrars?


A. Please surrender the original share certificate to us immediately, if the duplicate share certificates have been issued. However, if the original share certificates are found before you comply with the procedure for obtaining duplicate share certificate, please inform us immediately so that we can remove the caution marked against such share certificates

Q23. What are nomination facility and its advantages?


A. Nomination refers to the act of nominating a person in whom the shares would vest in the event of death of the shareholder.

Notwithstanding anything contained in any other law or any testamentary deposition or otherwise, in respect of the shares, where a nomination has been made in accordance with the provisions of Companies Act, 1956, on the death of the shareholder, (or in case of joint holdings, on the death of all the joint holders), the Nominee shall become entitled to the rights in relation to such shares held by the deceased shareholder(s), to the exclusion of all other persons unless the nomination is revoked.

Q24. How do I make a nomination with regard to my shareholding?


A. Please submit Nomination Form (Form 2B) in duplicate, duly filled and signed by all the shareholders as per format attached. Only one nominee can be nominated per folio. On receipt of the request for registration of nomination, the STA will register the same by allotting a registration number. The duplicate copy of the nomination form will be returned to the shareholder(s) indicating the registration number and the date of registration of nomination. For nomination of shares held in demat form, please contact your Depository Participant.

Q25. Do I have to send my share certificates along with the nomination form?


A. No.

Q26. My shares are held in joint names. Are the joint holder/s nominees to the shares?


A. Joint holders are not nominees. They are joint holders of the relevant shares having joint rights on the same. In the unfortunate event of death of any one of the joint holders, the surviving joint holder/s of the shares is/are the only person/persons recognised by the company as the holders of the shares.

Q27. Can a nomination once made be changed?

A. Nomination once made can be revoked by a shareholder by giving a fresh nomination. If the nomination is made by joint holders, and one of the joint-holders dies, the remaining joint holder/s can make a fresh nomination by revoking existing nomination.

Q28. What is the legal position of the nominee in case of death of the shareholders?


A. Upon the death of a shareholder, the Nominee, to the exclusion of any other legal heir/beneficiary, is the only person in whom the shares vest. In other words, in case of a valid nomination, the company will not entertain any claim from legal heirs or beneficiaries and the shares will be transmitted only in favour of the Nominee.

In case the nomination is made by joint -holders, the nomination will come into play only upon the death of all the joint holders. Therefore, if one of the joint shareholders dies, the shares will devolve on the surviving shareholders to the exclusion of the Nominee. In this case, the surviving shareholders may make a fresh nomination if they so desire.

Q29. What is the procedure for the nominee to get the shares in his name?


A. Upon death of a shareholder, the nominee is entitled to have the shares transmitted in his favour. He/She will have to give a notice in writing to this effect along with the share certificate(s) of the deceased shareholders. Alternatively, the nominee can transfer the shares held by the deceased shareholder, to a third party.

If a nominee opts for registration of shares in his name, he is required to produce proof of identity, e.g., copy of passport, driving license, voter©s identity card or such other proof to the satisfaction of the company. The nominee should also submit his specimen signature duly attested along with a request for transfer.

Upon scrutiny of the documents submitted by the nominee, shares will be transmitted in his favour and share certificates returned to him duly endorsed.

Q30. Can the nominee sell the shares without registration in his favour? What is the procedure?


A. Yes, a nominee can sell the shares to a third party, without registration of shares in his favour. However, the usual procedure for transfer of shares will have to be followed.

Q31. What is the effect of nomination when a shareholder dies leaving a minor nominee?


A. In terms of Sub-Section (4) of Section 109A of the Companies Act, 1956, if the Nominee is a minor, it shall be lawful for the holder of the shares to nominate in the prescribed manner any person to become entitled to shares in the event of his death during the minority of the Nominee. In case of a minor Nominee, a person is required to be named as a guardian to whom the shares shall vest in the event of death of the shareholder during minority of Nominee. On attaining majority, the Nominee is required to send a notice of his decision to either become a shareholder or to transfer the shares.

Q32. If there is a change in my address what is the procedure to get it recorded?


A. If the shares held by you are in physical form, kindly send a request letter (format attached) signed by the shareholder (first named shareholder in case of joint-holders) giving the new address along with the Pin Code. Please quote your folio number without fail. In case the shares held by you are in demat, please inform the change to your DP

Q33. Can joint-holders request for a change of address?


A. No. The letter of request will require the signature of the first holder only.

Q34. Can there be multiple addresses for a single folio?


A. No. There can be only one registered address for one folio

Q35. If the shares are dematted, what is the procedure for change of address?


A. Since your Depository Participant maintains your record of dematted shares, you have to inform them about any change in your address. Your Depository Participant will then pass on this information when any action like despatch of Annual Accounts or payment of dividend etc., is due to be taken by the company.

Q36. I have not received my dividend. What action do I take?


A. You may please write to us quoting the name of the company furnishing the particulars of the dividend not received and also quoting your folio number/client ID particulars (in case of dematted shares).We will verify the records and provide you with the status.

Q37. When is the annual dividend payable and when was it paid last?


A. Dividend is payable when declared at the Annual General Meeting, which is normally held in July every year.

The last dividend recommended by the Board of Directors at its meeting held on 11 May 2010 was @ Re. 1 per share (20 per cent) on the face value of Rs. 5/-. It was subsequently declared at the Annual General Meeting held on 21 July 2010 and was paid to all the eligible shareholders / beneficial owners immediately thereafter.

Q38. How does one obtain the dividend remaining unpaid / unclaimed?


A. As per the provisions of the section 205-C of the Companies Act, 1956, dividends remaining unclaimed and unpaid for a period of seven years from the date of transfer to "Unpaid Dividend A/c" are liable to be transferred to IEPF and cannot be claimed after the transfer.

Unpaid dividends in respect of the years 2007-08 & onwards can be claimed from the Company / STA before the expiry of seven years from the respective date of payment / declaration of dividend.

Q39. What is the procedure for obtaining a duplicate dividend warrant?


A. In case you have not received the dividend warrant or credit thereof is not reflected in your bank statement, you are requested to inform the STA in writing quoting your Folio No. / DP & Client ID.

STA will check the status with Bank and send a demand draft in lieu of dividend warrant, if the same is unpaid.

Q40. How to get dividend through National Electronic Clearing Services (NECS)?


A. As per RBI Notification with effect from 1 October 2009, the mode of remittance by ECS has been replaced by NATIONAL ELECTRONIC CLEARING SERVICE (NECS) and banks have been instructed to move to the NECS platform with immediate effect.

In your own interest, you are requested to furnish the new Bank Account Number allotted to you after the implementation of Core Banking Solutions (CBS) to your D P (in case of electronic holding) or to STA along with NECS Mandate Form as per format attached (in case of physical holding) along with a photocopy of a cancelled cheque pertaining to the concerned account.

Q41. What is the advantage of NECS?


A. The advantages of NECS over ECS are faster credit of remittance to the beneficiary’s account, no loss of warrant in transit, coverage of more bank branches and ease of operations for the remitting agencies.

Q42. Will I receive my dividend if I do not furnish the new bank account number to the Company?


A. In case you do not furnish the new bank account number as aforesaid, credit of dividends through NECS to your old bank account number may be rejected or returned by the banking system. However, in such cases, the Company would issue physical dividend warrants to the concerned shareholders post intimation of such rejection.

Q43. What in case my bank has not changed the account number or not migrated to the CBS platform?


A. You can continue to avail of the ECS facility with the existing account number provided by your bank. However, it is recommended that you periodically verify your bank statement to confirm credit of dividend, interest etc.

Contact Details

Company Secretary and Compliance Officer

Investors and shareholders can correspond with the company at the following addresses:

Pune (Registered) office
Bajaj Auto Ltd. Complex, Mumbai-Pune Road, Akurdi, Pune 411 035.
Phone : (020) 66107458, (020) 27472851
Fax : (020) 27477380

Contact Persons:

Sonal R Tiwari,
Company Secretary and Compliance Officer : sonal.tiwari@bajajfinserv.in

Investor Grievance Redressal/General : investors@bajajfinserv.in

Contact details of persons authorised for the purpose of Regulation 30(5) of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 –

1. Shri Rahul Bajaj, Chairman
Email- mdkeyyath@bajajauto.co.in
Phone- : 020 27472851

2. Shri Sanjiv Bajaj, Managing Director
Email- sanjiv.bajaj@bajajfinserv.in
Phone- : 020 30405700

3. Shri S Sreenivasan, CFO
Email- s.sreenivasan@bajajfinserv.in
Phone- : 020-30405711

4. Ms. Sonal R Tiwari, Company Secretary
Email- sonal.tiwari@bajajfinserv.in
Phone- : 020-66107458

Nodal officer for the purpose of IEPF

Contact details of Nodal Officer, pursuant to Rule 7(2A) under the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2017

Contact Persons:

Sonal R Tiwari,,
Company Secretary
Email: sonal.tiwari@bajajfinserv.in

Latest Notices

Notice 01

25 December 2015

Corporate Relations Department.
BSE Limited
1st Floor, , New Trading Ring
Rotunda Building, P J Tower
Dalal Street, Mumbai 400 001

BSE Code: 532978

Corporate Listing Department
National Stock Exchange of India Ltd
Exchange Plaza, 5th Floor
Plot No.C-1, G Block
Bandra-Kurla Complex
Bandra (East), MUMBAI 400 051
NSE Code: BAJAJFINSV

Dear Sir/s :

Sub: Intimation under Regulation 29 of SEBI Listing Regulations, 2015

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 3 February 2016 at Pune to consider, inter alia, the unaudited financial results for the quarter and nine months ending 31 December 2015.

As per NSE Circular No NSE/CML/2013/15 dated 18 December 2013 regarding Trading Window Disclosures by Companies, this is to inform you that as per the Company’s Code of Conduct for prohibition of insider trading, the trading window for dealing in the securities of the Company would remain closed from 1 January 2016 to 5 February 2016 (both days inclusive) for the directors/officers/designated employees of the Company, who have already been informed of the same.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

SONAL TIWARI
COMPANY SECRETARY



Notice 02

25 September 2015

Corporate Relations Department.
BSE Limited
1st Floor, , New Trading Ring
Rotunda Building, P J Tower
Dalal Street, Mumbai 400 001

BSE Code: 532978

Corporate Relations Department.
National Stock Exchange of India Ltd
Exchange Plaza, 5th Floor
Plot No.C-1, G Block
Bandra-Kurla Complex
Bandra (East), MUMBAI 400 051
NSE Code: BAJAJFINSV

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Tuesday, 20 October 2015 at Pune to consider, inter alia, the unaudited financial results for the first quarter and half year ending 30 September 2015

As per NSE Circular No NSE/CML/2013/15 dated 18 December 2013 regarding Trading Window Disclosures by Companies, this is to inform you that as per the Company’s Code of Conduct for prohibition of insider trading, the trading window for dealing in the securities of the Company would remain closed from 1 October 2015 to 22 October 2015 (both days inclusive) for the directors/officers/designated employees of the Company, who have already been informed of the same.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

SONAL TIWARI
COMPANY SECRETARY



Notice 03

29 June 2015

Corporate Relations Department.
BSE Limited
1st Floor, , New Trading Ring
Rotunda Building, P J Tower
Dalal Street, Mumbai 400 001

BSE Code: 532978

Corporate Relations Department.
National Stock Exchange of India Ltd
Exchange Plaza, 5th Floor
Plot No.C-1, G Block
Bandra-Kurla Complex
Bandra (East), MUMBAI 400 051
NSE Code: BAJAJFINSV

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 22 July 2015 at Pune to consider, inter alia, the unaudited financial results for the first quarter ending 30 June 2015.

As per NSE Circular No NSE/CML/2013/15 dated 18 December 2013 regarding Trading Window Disclosures by Companies, this is to inform you that as per the Company’s Code of Conduct for prohibition of insider trading, the trading window for dealing in the securities of the Company would remain closed from 1 July 2015 to 24 July 2015 (both days inclusive) for the directors/officers/designated employees of the Company, who have already been informed of the same.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

SONAL TIWARI
COMPANY SECRETARY



Notice 04

31 March 2015

Corporate Relations Department.
BSE Limited
1st Floor, , New Trading Ring
Rotunda Building, P J Tower
Dalal Street, Mumbai 400 001
Email: corp.relations@bseindia.com

BSE Code: 532978

Corporate Relations Department.
National Stock Exchange of India Ltd
Exchange Plaza, 5th Floor
Plot No.C-1, G Block
Bandra-Kurla Complex
Bandra (East), MUMBAI 400 051
Email: cmlist@nse.co.in
NSE Code: BAJAJFINSV

Dear Sir/s :

This is to notify that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 20 May 2015 at Pune to consider, inter alia, the audited financial results and statements of accounts for the year ended 31 March 2015 and dividend on equity shares for the said year.

The company intends to publish its audited financial results for the year 2014-15, immediately after the board meeting on 20 May 2015, i.e. within a period of sixty days from the end of the last quarter of the said financial year and the company will not separately announce the unaudited financial results for the last quarter ended 31 March 2015.

As per NSE Circular No NSE/CML/2013/15 dated 18 December 2013 regarding Trading Window Disclosures by Companies, this is to inform you that as per the Company’s Code of Conduct for prohibition of insider trading, the trading window for dealing in the securities of the Company would remain closed from 1 April 2015 to 22 May 2015 (both days inclusive) for the directors/officers/designated employees of the Company, who have already been informed of the same.

Thanking you,


Yours faithfully,
for Bajaj Finserv Limited,

KEVIN D’SA
PRESIDENT(BUSINESS DEVELOPMENT)



Notice 05

19 December 2014

Corporate Relationship Dept
BSE Ltd
1st Floor, New Trading Ring
Rotunda Building, P J Tower
Dalal Street, Fort
MUMBAI 400 001

Stock Code: 532978

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 14 January 2015 at Pune to consider, inter alia, the unaudited financial results for the quarter and nine months ending 31 December 2014.

As per NSE Circular No NSE/CML/2013/15 dated 18 December 2013 regarding Trading Window Disclosures by Companies, this is to inform you that as per the Company’s Code of Conduct for prohibition of insider trading, the trading window for dealing in the securities of the Company would remain closed from 1 January 2015 to 15 January 2015 (both days inclusive) for the directors/officers/designated employees of the Company, who have already been informed of the same.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

SONAL TIWARI
COMPANY SECRETARY



Notice 06

24 September 2014

Corporate Relationship Dept
BSE Ltd
1st Floor, New Trading Ring
Rotunda Building, P J Tower
Dalal Street, Fort
MUMBAI 400 001

Stock Code : 532978

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Tuesday, 14 October 2014 at Pune to consider, inter alia, the unaudited financial results for the quarter and half-year ending 30 September 2014.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

SONAL TIWARI
COMPANY SECRETARY



Notice 07

24 June 2014

Corporate Relationship Dept
BSE Ltd
1st Floor, New Trading Ring
Rotunda Building, P J Tower
Dalal Street, Fort
MUMBAI 400 001

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 16 July 2014 at Pune to consider, inter alia, the unaudited financial results for the first quarter ending 30 June 2014.

As per NSE Circular No NSE/CML/2013/15 dated 18 December 2013 regarding Trading Window Disclosures by Companies, this is to inform you that as per the Company’s Code of Conduct for prohibition of insider trading, the trading window for dealing in the securities of the Company would remain closed from 1 July 2014 to 17 July 2014 (both days inclusive) for the directors/officers/designated employees of the Company, who have already been informed of the same.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

SONAL TIWARI
COMPANY SECRETARY



Notice 08

FAX NO. 022 22723121/2037/2039/2041/2061/3719

11 June 2014

Corporate Relationship Dept
BSE Ltd
1st Floor, New Trading Ring
Rotunda Building, P J Tower
Dalal Street, Fort
MUMBAI 400 001

Dear Sir/s :

BOOK CLOSURE INTIMATION

NAME OF THE COMPANY: BAJAJ FINSERV LIMITED

Scrip Code *
Security Symbol**
Type of Security
Book Closure
From
To
Record Date
Purpose
532978
BAJAJFINSV
Equity Shares
05/07/2014 16/07/2014
(both days inclusive)
-
For the purpose of Annual General Meeting scheduled on 16 July 2014 and payment of dividend upon being declared thereat
* As allotted by BOMBAY STOCK EXCHANGE
** As allotted by NATIONAL STOCK EXCHANGE

Payment of dividend when declared at the Seventh Annual General Meeting being convened on 16 July 2014 will be credited / dispatched on 21 July 2014 and / or 22 July 2014, to those shareholders whose names appear:

  • as beneficial owners as at the end of the business on Friday, 4 July 2014, as per the details furnished by National Securities Depositories Ltd and Central Depository Services (I) Ltd in respect of the shares held in electronic form; and
  • as members in the Register of Members of the Company after giving effect to all valid share transfers in physical form lodged with the Company before the end of business on Friday, 4 July 2014.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

SONAL TIWARI
COMPANY SECRETARY


Confirmation copy sent by Hand Delivery/Courier


Notice 09

31 March 2014

Corporate Relationship Dept.
BSE Ltd
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to notify that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 14 May 2014 at Pune to consider, inter alia, the audited financial results and statements of accounts for the year ended 31 March 2014 and dividend on equity shares for the said year.

The company intends to publish its audited financial results for the year 2013-14, immediately after the board meeting on 14 May 2014, i.e. within a period of sixty days from the end of the last quarter of the said financial year and the company will not separately announce the unaudited financial results for the last quarter ended 31 March 2014.

As per NSE Circular No NSE/CML/2013/15 dated 18 December 2013 regarding Trading Window Disclosures by Companies, this is to inform you that as per the Company’s Code of Conduct for prohibition of insider trading, the trading window for dealing in the securities of the Company would remain closed from 1 April 2014 to 15 May 2014 (both days inclusive) for the directors/officers/designated employees of the Company, who have already been informed of the same.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 10

17 December 2013

Corporate Relationship Dept.
BSE Ltd
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 15 January 2014 at Pune to consider, inter alia, the unaudited financial results for the quarter and nine months ending 31 December 2013.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 11

28 September 2013

Corporate Relationship Dept.
BSE Ltd
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Tuesday, 15 October 2013 at Pune to consider, inter alia, the unaudited financial results for the quarter and half-year ending 30 September 2013..

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 12

21 June 2013

Corporate Relationship Dept.
BSE Ltd
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Thursday, 18 July 2013 at Pune to consider, inter alia, the unaudited financial results for the first quarter ending 30 June 2013.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 13

15 April 2013

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to notify that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 15 May 2013 at Pune to consider, inter alia, the audited financial results and statements of accounts for the year ended 31 March 2013 and dividend on equity shares for the said year.

The company intends to publish its audited financial results for the year 2012-13, immediately after the board meeting on 15 May 2013, i.e. within a period of sixty days from the end of the last quarter of the said financial year and the company will not separately announce the unaudited financial results for the last quarter ended 31 March 2013.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 14

19 December 2012

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Tuesday, 15 January 2013 at Pune to consider, inter alia, the unaudited financial results for the quarter and nine months ending 31 December 2012.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 15

28 September 2012

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Friday, 19 October 2012 at Pune to consider, inter alia, the unaudited financial results for the quarter and half-year ending 30 September 2012.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 16

20 June 2012

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Tuesday, 17 July 2012 at 3.15 p m at Pune to consider, inter alia, the unaudited financial results for the first quarter ending 30 June 2012.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 17

FAX NO. 022 22723121/2037/2039/2041/2061/3719

29 May, 2012

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

BOOK CLOSURE INTIMATION

NAME OF THE COMPANY : BAJAJ FINSERV LIMITED

Scrip Code *
Security Symbol**
Type of Security
Book Closure
From
To
Record Date
Purpose
532978
BAJAJFINSV
Equity Shares
07/07/2012 17/07/2012
(both days inclusive)
-
For the purpose of Annual General Meeting scheduled on 17 July 2012 and payment of dividend upon being declared thereat
* As allotted by MUMBAI STOCK EXCHANGE
** As allotted by NATIONAL STOCK EXCHANGE

Payment of dividend when declared at the Fourth Annual General Meeting being convened on 17 July 2012 will be credited / dispatched between 23 July 2012 and 25 July 2012, to those shareholders whose names appear :

  • as beneficial owners as at the end of the business on Friday, 06 July 2012, as per the details furnished by National Securities Depository Ltd and Central Depository Services (India) Ltd in respect of the shares held in electronic form; and
  • as members in the Register of Members of the Company after giving effect to all valid share transfers in physical form lodged with the Company before the closing of office hours on Friday, 06 July 2012.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary


Confirmation copy sent by Hand Delivery/Courier


Notice 18

20 December 2011

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to notify that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 16 May 2012 at 3.00 p m at Pune to consider, inter alia, the audited financial results and statements of accounts for the year ended 31 March 2012 and dividend on equity shares for the said year.

The company intends to publish its audited financial results for the year 2011-12, immediately after the board meeting on 16 May 2012, i.e. within a period of sixty days from the end of the last quarter of the said financial year and the company will not separately announce the unaudited financial results for the last quarter ended 31 March 2012.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 19

20 December 2011

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

Wednesday, 18 January 2012 at 2.45 pm at Pune to consider, inter alia, the unaudited financial results for the quarter and nine months ending 31 December 2011.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 20

FAX NO. 022 22723121/2037/2039/2041/2061/3719

May 20, 2011

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

BOOK CLOSURE INTIMATION

NAME OF THE COMPANY : BAJAJ FINSERV LIMITED

Scrip Code *
Security Symbol**
Type of Security
Book Closure
From
To
Record Date
Purpose
532978
BAJAJFINSV
Equity Shares
01/07/2011 13/07/2011
(both days inclusive)
-
For the purpose of Annual General Meeting scheduled on 13 July 2011 and payment of dividend upon being declared thereat
* As allotted by MUMBAI STOCK EXCHANGE
** As allotted by NATIONAL STOCK EXCHANGE

Payment of dividend when declared at the Fourth Annual General Meeting being convened on 13 July 2011 will be credited / dispatched between 18 July 2011 and 20 July 2011, to those shareholders whose names appear :

  • as beneficial owners as at the end of the business on Thursday, 30 June 2011, as per the details furnished by National Securities Depository Ltd and Central Depository Services (India) Ltd in respect of the shares held in electronic form; and
  • as members in the Register of Members of the Company after giving effect to all valid share transfers in physical form lodged with the Company before the closing of office hours on Thursday, 30 June 2011.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 21

September 28, 2010

Corporate Relationship Dept.
The Bombay Stock Exchange Ltd.,
1st Floor, New Trading Ring, Rotunda Building,
P J Tower, Dalal Street, Fort, MUMBAI 400 001.

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Monday, 18 October 2010 at 2.45 pm at Pune to consider, inter alia, the unaudited financial results for the quarter and half year ending 30 September 2010.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 22

June 30, 2010

Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers
Dalal Street
MUMBAI 400 001

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Monday, 18 October 2010 at 2.45 pm at Pune to consider, inter alia, the unaudited financial results for the first quarter ending 30 June 2010.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 23

April 12, 2010

Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers
Dalal Street
MUMBAI 400 001

Dear Sir/s :

This is to notify that the board of directors of the company will meet on Tuesday, 11 May 2010 at 2.45 pm at Pune, to consider, inter alia, the audited financial results and statements of accounts for the year ended 31 March 2010 and dividend on equity shares for the said year.

The company intends to publish its audited financial results for the year 2009-10, immediately after the board meeting on 11 May 2010, i.e. within a period of sixty days from the end of the last quarter of the said financial year and the company will not separately announce the unaudited financial results for the last quarter ended 31 March 2010.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 24

National Stock Exchange regarding NBFC registration certificate issued by RBI.

November 7, 2009

National Stock Exchange of India Ltd.
Exchange Plaza, Plot no. C/1, G Block,
Bandra-Kurla Complex, Bandra (E),
Mumbai - 400 051.

NSE Symbol : BAJAJFINSV

Sub: Receipt of Certificate of Registration as a Non-Banking Financial Company (NBFC)

This is to inform you that the Reserve Bank of India has issued to the Company a Certificate of Registration dated 30 October 2009 under section 45-IA of the RBI Act, 1934 to carry on the business of a Non-Banking Financial Institution (non-deposit taking).

The following disclaimers of RBI may kindly be noted: "
a. Reserve Bank of India does not accept any responsibility or guarantee about the present position as to the financial soundness of the Company or for the correctness of any of the statements or representations made or opinion expressed by the Company and for discharge of liability by the Company.

b.b. Neither is there any provision in law to keep, nor does the Company keep any part of deposits with the Reserve Bank of India by issuing the Certificate of Registration to the Company, the Reserve Bank of India neither accepts any responsibility nor guarantee for the payment of the deposit amount to any depositor."

Kindly take the above on your record.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 25

17 December 2009

Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers
Dalal Street
MUMBAI 400 001

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Tuesday, 12 January 2010 at 2.45 pm at Pune to consider, inter alia, the unaudited financial results for the quarter and nine months ending 31 December 2009.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 26

21 September 2009

Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers
Dalal Street
MUMBAI 400 001

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 14 October 2009 at 2.45 pm at Pune to consider, inter alia, the unaudited financial results for the quarter and half year ending 30 September 2009.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 27

17 June 2009

Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers
Dalal Street
MUMBAI 400 001

Dear Sir/s :

This is to inform you that the board of directors of Bajaj Finserv Limited will meet on Wednesday, 15 July 2009 at 2.30 pm at Pune to consider, inter alia, the unaudited financial results for the first quarter ending 30 June 2009.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 28

FAX NO. 022 22723121/2037/2039/2041/2061/3719

May 26, 2009

Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers
Dalal Street
MUMBAI 400 001

Dear Sir/s :

BOOK CLOSURE INTIMATION

NAME OF THE COMPANY : BAJAJ FINSERV LIMITED

Scrip Code *
Security Symbol**
Type of Security
Book Closure
From
To
Record Date
Purpose
532978
BAJAJFINSV
Equity Shares
04/07/2009 15/07/2009
(both days inclusive)
-
For the purpose of Annual General Meeting scheduled on 15 July 2009 and payment of dividend upon being declared thereat
* As allotted by MUMBAI STOCK EXCHANGE
** As allotted by NATIONAL STOCK EXCHANGE

Payment of dividend when declared at the Second Annual General Meeting being convened on 15 July 2009 will be made on or after 20 July 2009 to those shareholders whose names appear:

  • as beneficial owners as at the end of the business on 3 July 2009, as per the details furnished by National Securities Depositories Ltd and Central Depository Services (I) Ltd in respect of the shares held in electronic form; and
  • as members in the Register of Members of the Company after giving effect to all valid share transfers in physical form lodged with the Company before the closing of office hours on 3 July 2009.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary



Notice 29

21 April 2009

Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers
Dalal Street
MUMBAI 400 001

Dear Sir/s :

This is to notify that the board of directors of the company will meet on Wednesday, 20 May 2009 at 2.45 pm in Pune, to consider, inter alia, the audited financial results and statements of accounts for the year ended 31 March 2009 and dividend on equity shares for the said year.

The company intends to publish its audited financial results for the year 2008-09, immediately after the board meeting on 20 May 2009, i.e. within a period of three months from the end of the last quarter of the said financial year and the company will not separately announce the unaudited financial results for the last quarter ended 31 March 2009.

Thanking you,

Yours faithfully,
for Bajaj Finserv Limited,

(SONAL R TIWARI)
Company Secretary


Archival Policy

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Archival Policy

Dividend Policy

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Dividend Policy

Policy on Determination of Materiality for Disclosure of Events

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Policy on Determination of Materiality for Disclosure of Events

Fair Disclosure Code

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Fair Disclosure Code

Whistle Blower Policy / Vigil Mechanism

Many a violation does not affect an individual directly, but is detrimental to the organisation’s interest. Individuals hesitate to report such violations out of fear or indifference. The Whistle Blower’s policy / Vigil Mechanism provide a mechanism for an individual to report violations without fear of victimisation.

When the director/employee sees violations of integrity norms, he may not be directly aggrieved, but may have information that organisational interests are being compromised. This may be unethical behaviour, suspected or actual fraud, violation of the Code of Conduct etc.

Some examples are persons taking bribes, confidential information being leaked out, misuse of company’s resources, favours shown or demanded from business associates/partners, violation of statutory requirements, etc.

Before reporting such events, the director/employee has to ascertain that a violation has actually occurred and that the act is not based on what can be termed as a normal business decision.

In all such cases, the director/employee will address the complaint to any member of the Enforcement Committee along with the available details and evidence to the extent possible. In case, the complaint is received by a person, other than a enforcement committee member, the same will be forwarded by him to the enforcement committee.

As a rule, anonymous complaints will not be entertained. The identity of the complainant will be protected and will be known only to the Enforcement Committee.

The Enforcement Committee may meet the complainant, if necessary. They may also appoint any suitable person or group of persons to investigate the case, but will ensure that the identity of the complainant is protected.

Whistle Blower will be protected from any kind of discrimination, harassment, victimization or any other unfair employment practice. The Enforcement Committee will decide the case and recommend action within four weeks to the Managing Director / Chairman. The final action to be taken will be decided by the Managing Director / Chairman.

The analysis of the case and the action to be taken may not be communicated to the original complainant.

The director in all cases & employee in appropriate or exceptional cases will have direct access with the Chairman of the Audit Committee.

Enforcement Committee will consist of:
(a) Shri Kevin D’sa,
(b) Shri V Rajagopalan and
(c) Shri Ranjit Gupta

Shri Kevin D’sa will be the Chairman of the Enforcement Committee.

The Enforcement Committee will report to the Managing Director / Chairman.

Any grievance against any member of the Enforcement Committee should be addressed to the Managing Director / Chairman.

Nomination Form

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Nomination Form

Date:
Name:

Address:

Dear Sir,

Sub: Appointment as a Non-Executive Independent Director of Bajaj Finserv Limited (the “Company”)

We are pleased to confirm your appointment as a Non-Executive Independent Director of the Company (the “Appointment”) with effect from 1 April 2014, which is pursuant to the provisions of Companies Act, 2013 and the Rules made thereunder and as approved by the Board of Directors in their meeting held on 28 March 2014.

As required under section 149 (7) of the Companies Act, 2013, we now request you to provide a declaration that you meet the criteria of independence as provided under section 149(6). For this purpose, we are suggesting a format as enclosed as Annexure A, which would meet the requirements of both Companies Act, 2013 & current clause 49 of the Listing Agreement as amended on 17 April 2014.

Further, as stipulated under the Companies Act, 2013, the appointment of Independent Directors shall be governed by the Schedule IV to the Companies Act, 2013 - ‘Code For Independent Directors’, enclosed to this letter as Annexure B, which primarily covers –

  • Guidelines of professional conduct
  • Role and functions
  • Duties
  • Manner of appointment
  • Re-appointment
  • Resignation or removal
  • Separate meetings
  • Evaluation mechanism

The terms of the Appointment, which in any event shall be subject to Companies Act, 2013, Rules made thereunder and the Articles of Association of the Company, are set out below, as stipulated in Schedule IV to the said Act.


Appointment

  1. The Appointment is for a term of five consecutive years, expiring at the conclusion of 31 Mar 2019 (the “Termination Date”). The Appointment will be subject to the approval of shareholders at the ensuing annual general meeting of the Company.
  2. During your tenure as an Independent Director, you may be asked to serve on one or more of the Board committees. Copies of the terms of reference for each of those committees would be provided to you at the appropriate time, if not already provided for.
  3. You will strictly abide by the Code for Independent Directors referred to above.
  4. The Company expects a commitment of sufficient time and attention as necessary in order to perform your duties under the Appointment. This will include attendance at regular and emergency Board meetings, any annual meeting of Independent Directors and the Annual General Meeting. You may also be required to attend regular meetings of any Board committee of which you are a member. In addition, you will be expected to devote appropriate preparation time ahead of each meeting.
  5. By accepting the Appointment, you confirm that you are able to allocate sufficient time to perform your role.

Role & Duties

  1. As a Non-Executive Independent Director you have the same general legal responsibilities to the Company as any other Director, except that you shall be held liable only in respect of such acts of omission or commission by a company which had occurred with your knowledge, attributable through board processes and with your consent or connivance or where you had not acted diligently.
  2. You will adhere to the following duties of directors, which are more specifically stipulated in Section 166 of the Companies Act, 2013, as under –
    1. Subject to the provisions of this Act, a director of a company shall act in accordance with the articles of the company.
    2. A director of a company shall act in good faith in order to promote the objects of the company for the benefit of its members as a whole, and in the best interests of the company, its employees, the shareholders, the community and for the protection of environment.
    3. A director of a company shall exercise his duties with due and reasonable care, skill and diligence and shall exercise independent judgment.
    4. A director of a company shall not involve in a situation in which he may have a direct or indirect interest that conflicts, or possibly may conflict, with the interest of the company.
    5. A director of a company shall not achieve or attempt to achieve any undue gain or advantage either to himself or to his relatives, partners, or associates and if such director is found guilty of making any undue gain, he shall be liable to pay an amount equal to that gain to the company.
    6. A director of a company shall not assign his office and any assignment so made shall be void.

Fees / Commission

  1. Unless decided otherwise, you will be paid a sitting fee for your services as a Non-Executive Independent Director of Rs. 50,000 per meeting of the Board and committee thereof attended as a member. In addition, commission shall be payable by the Company at the rate of Rs. 50,000 per meeting of the Board and committee thereof attended by you as a member.
  2. During the Appointment, circumstances may arise in the furtherance of your duties as a Director when it will be appropriate for you to seek advice from independent advisors at the Company’s expense. The Company will reimburse the full cost of expenditure incurred as deemed necessary.

Reimbursement of Expenses

  1. In addition to the fee described in 8 above, the Company will reimburse you for all reasonable and properly documented expenses you incur in performing your role. You may submit any details of expenses incurred to the Company Secretary.
  2. You will have no entitlement to any bonus during the Appointment and no entitlement to participate in any share scheme and no stock options will be issued to you by the Company.

Other directorships and business interests

  1. The Company acknowledges that you may have business interests other than those of the Company and that you may have declared any conflicts that are apparent at present. In the event that you become aware of any potential conflicts of interest, not declared so far, these may be disclosed to the Chairman and Company Secretary as soon as they become apparent.
  2. During the Appointment, you may please inform us prior to accepting any other (or further) directorships of publicly quoted companies or any major external appointments, to avoid any conflict of interest with your current position in the Company.

Code of Conduct & other compliances

  1. During the Appointment, you will comply with any relevant regulations as may be issued by the Government of India and such other authorized bodies as set up by the Government on its behalf, including the Code for Independent Directors, Insider Trading Code and such other requirements as the Board of Directors may from time to time specify.
  2. At the first meeting of the Board in every financial year or whenever there is any change in the circumstances which may affect your status as an independent director, you shall give a declaration to that effect confirming that you meet the criteria of independence as provided in Section 149 (6), in the format as per Annexure A to this Letter.

Confidentiality

  1. You must apply the highest standards of confidentiality and not disclose to any person or company (whether during the course of the Appointment or at any time after its termination) any confidential information concerning the Company and any Group Companies with which you come into contact by virtue of your position as a Non-Executive Independent Director of the Company.
  2. Your attention is drawn to the requirements under both legislation and regulation as to the disclosure of price-sensitive information. Consequently you should avoid making any statements that might risk a breach of these requirements without prior clearance from the Chairman or Company Secretary.
  3. On termination of the Appointment, you will deliver to the Company all books, document, papers and other property of or relating to the business of the Company which are in your possession, custody or power by virtue of your position as a Non-Executive Independent Director of the Company.

Performance Review Process

  1. The performance of individual Directors and the whole Board and its Committees shall be evaluated by the Remuneration & Nomination Committee. If, in the interim, there are any matters arising in connection with your role as a Non-Executive Independent Director which cause you concern, you may discuss with us as soon as appropriate.

Insurance

  1. The Company has directors’ and officers’ liability insurance and it is intended to maintain such cover for the full term of the Appointment.

Publication of the letter of appointment

  1. In line with the provisions of the Companies Act, 2013, the Company may make public a generic copy of this letter on its website at www.bajajfinserv.in and the same shall be open for inspection at the registered office of the company by any member during normal business hours.

This letter is governed by, and shall be construed in accordance with, the laws of India, and the parties agree to submit to the exclusive jurisdiction of the courts of Pune / Mumbai, India.

This letter constitutes neither a contract for services nor a service contract.

Please confirm your agreement to the above by signing and returning to me the enclosed duplicate of this letter.

Yours sincerely,
For Bajaj Finserv Limited

Chairman



To,
Bajaj Finserv Limited

I have read and I agree to the above terms regarding my appointment as a Non-Executive Independent Director of Bajaj Finserv Limited

Signature

Place
Date

Familiarization Program for Independent Directors

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Familiarization Program for Independent Directors

Excessive Interest Policy

The Board of Directors of the Company at its meeting held on 12 January 2010 considered the proposal to lay down suitable principles for determining rate of interest to be charged in respect of loans and advances in compliance with RBI Guidelines to NBFCs. In this connection, the Board noted that at present, the Company was not engaged in the business of granting of loans and advances, except to a very limited extent by way of ICDs as part of deployment of surplus funds. It was explained that in such cases, the interest rate to be charged was determined keeping in view mainly the financial soundness and track record of the borrower, nature and value of security, if any, and the prevailing interest rates for similar credits in the market.

The Board endorsed the above practice and advised that detailed guidelines for determining interest rates may be placed before the Board for its consideration, if and when the Company decides to take up grant of loan and advances as a business activity.

Fair Practice Code

Reserve Bank of India vide its Circular No. DNBS(PD)CC No.80/03.10.042/ 2005-06 dated September 28, 2006 has advised all Non-Banking Finance Companies (NBFCs) to frame a Fair Practices Code.

Accordingly, following is the Fair Practices Code of Bajaj Finserv Limited as framed & approved by its Board of Directors at their Meeting held on January 15, 2009 in terms of the Guidelines issued by the RBI in this regard.

(i) Applications for loans and their processing
(a) The Loan application forms shall include necessary information which affects the interest of the borrower, so that a meaningful comparison with the terms and conditions offered by other NBFCs can be made and informed decision can be taken by the borrower. The loan application form shall indicate the documents required to be submitted with the application form.
(b) The Company shall devise a system of giving acknowledgement for receipt of all loan applications. The time frame within which loan applications will be disposed of shall also be indicated in the acknowledgement.

(ii) Loan appraisal and terms/conditions
The Company shall convey in writing to the borrower by means of sanction letter or otherwise, the amount of loan sanctioned along with the terms and conditions including annualised rate of interest and method of application thereof and keep the acceptance of these terms and conditions by the borrower on its record.

(iii) Disbursement of loans including changes in terms and conditions
(a) The Company shall give notice to the borrower of any change in the terms and conditions including disbursement schedule, interest rates, service charges, prepayment charges etc. The Company shall also ensure that changes in interest rates and charges are effected only prospectively. A suitable condition in this regard shall be incorporated in the loan agreement.
(b) Decision to recall / accelerate payment or performance under the agreement shall be in consonance with the loan agreement.
(c) The Company shall release all securities on repayment of all dues or on realisation of the outstanding amount of loan, subject to any legitimate right or lien for any other claim the Company may have against the borrower. If such right of set off is to be exercised, the borrower shall be given notice about the same with full particulars about the remaining claims and the conditions under which the Company is entitled to retain the securities till the relevant claim is settled/paid.

(iv) General
(a) The Company shall refrain from interference in the affairs of the borrower, except for the purposes provided in the terms and conditions of the loan agreement (unless new information, not earlier disclosed by the borrower, has come to the notice of the lender).
(b) In case of receipt of request from the borrower for transfer of borrowal account, the consent or otherwise i.e. objection of the Company, if any, shall be conveyed within 21 days from the date of receipt of request. Such transfer shall be as per transparent contractual terms in consonance with law.
(c) In the matter of recovery of loans, the Company shall not resort to undue harassment viz. persistently bothering the borrowers at odd hours, use of muscle power for recovery of loans, etc.
(d) The grievance redressal mechanism in the Company comprising the Managing Director & Chief Financial Officer shall resolve disputes arising in this regard.
(e) There shall be a periodical review of the compliance of the Fair Practices Code and the functioning of the grievances redressal mechanism by the Management. A consolidated report of such reviews shall be submitted to the Board at regular intervals.

An Amendment to the Circular on Fair Practices Code

Pursuant to Reserve Bank of India (RBI) Circular No. DNBS(PD)CC No.80/03.10.042/ 2005-06 dated September 28, 2006, the company had framed the Fair Practices Code, which was approved by its Board of Directors at its Meeting held on January 15, 2009.

RBI vide its Circular no. DNBS.CC.PD.No.266/03.10.01/2011-12 dated 26 March 2012, has issued revised guidelines on Fair Practices Code (FPC) applicable for all NBFCs.

Pursuant to the said Circular, if and when the Company decides to take up grant of loans and advances for vehicle financing or otherwise as a business activity, the company’s Fair Practices Code would stand amended as under:-

(i) Use of vernacular language
With regard to Application for loans, loan appraisal, loan agreements, notice to borrowers, posting on website etc., all communications to the borrower shall be in the vernacular language or in a language as understood by the borrower.

(ii) Training to avoid rude behavior
In the matter of recovery of loans, to avoid rude behavior from the staff of the Company, the Company shall ensure that the staff are adequately trained to deal with the customers in an appropriate manner.

(iii) Regulation of excessive rate of interest
As approved by the board at its meeting held on 12 January 2010, the company shall make appropriate guidelines for determining interest rates which are not excessive

(iv) Repossession of vehicles financed
The company shall make appropriate guidelines regarding repossession of vehicles financed.

The amendment takes effect from the day of this Circular.

Guidelines on Corporate Governance

The Board of Directors at its meeting held on 12 January 2010 adopted the Corporate Governance Guidelines as required under the Guidelines on Corporate Governance issued by RBI vide its Circular No. DNBS (PD) CC NO. 94/03.10.042/2006-07 dated 8 May 2007.

As stipulated therein, the Company has -

  • a) an Audit Committee, consisting of not less than 3 members of the board;
  • b) a Nomination Committee to ensure `Fit & Proper’ status of proposed / existing directors;
  • c) a Risk Management Committee to manage the integrated risks; and
  • d) a system for disclosure to the Board at regular intervals on the following: “
    1. (i) Progress in putting in place a progressive risk management system and risk management policy and strategy followed; and
    2. (ii) Conformity with the prescribed corporate governance standards.

Note: The above Guidelines are in addition to the CG guidelines adopted under Clause 49 of the Listing Agreement

KYC & PMLA Policy

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KYC & PMLA Policy

CSR Policy

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CSR Policy

Remuneration Policy

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Remuneration Policy

Information Memorandum

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Information Memorandum

Forms

  Forms View
xls Affidavit for Change of Specimen Signature img
xls Change of address img
xls NECS Mandate img
xls Nomination Form img
xls Transmission and NOC img

AGM Result and Scrutinizer Report - 2015

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AGM Result and Scrutinizer Report - 2015

Notice under section 160-AGM 2014

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Notice under section 160-AGM 2014

Policy on Materiality of Related Party Transactions

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Policy on Materiality of Related Party Transactions

Route Map

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Route Map

Annexure to The Annual Report on CSR Activities 2015

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Annexure to The Annual Report on CSR Activities 2015

Public Notice for AGM-2016

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Public Notice for AGM-2016

Code of Conduct

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Code of Conduct

AGM Transport Arrangement Notice 2016

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AGM Transport Arrangement Notice 2016

Terms of Reference for Audit Committee

Updated Terms of reference of Audit Committee-Board meeting held on 14 May 2014

  1. Oversight of the company’s financial reporting process and the disclosure of its financial information to ensure that the financial statement is correct, sufficient and credible;
  2. Recommendation for appointment, remuneration and terms of appointment of auditors of the company;
  3. Approval of payment to statutory auditors for any other services rendered by the statutory auditors;
  4. Reviewing, with the management, the annual financial statements and auditor's report thereon before submission to the board for approval, with particular reference to:
    • Matters required to be included in the Director’s Responsibility Statement to be included in the Board’s report in terms of clause (c) of sub-section 3 of section 134 of the Companies Act, 2013
    • Changes, if any, in accounting policies and practices and reasons for the same.
    • Major accounting entries involving estimates based on the exercise of judgment by management
    • Significant adjustments made in the financial statements arising out of audit findings
    • Compliance with listing and other legal requirements relating to financial statements
    • Disclosure of any related party transactions
    • Qualifications in the draft audit report
  5. Reviewing, with the management, the quarterly financial statements before submission to the board for approval;
  6. Reviewing, with the management, the statement of uses / application of funds raised through an issue (public issue, rights issue, preferential issue, etc.), the statement of funds utilized for purposes other than those stated in the offer document / prospectus / notice and the report submitted by the monitoring agency monitoring the utilisation of proceeds of a public or rights issue, and making appropriate recommendations to the Board to take up steps in this matter;
  7. Review and monitor the auditor’s independence and performance, and effectiveness of audit process;
  8. Approval or any subsequent modification of transactions of the company with related parties;
  9. Scrutiny of inter-corporate loans and investments;
  10. Valuation of undertakings or assets of the company, wherever it is necessary;
  11. Evaluation of internal financial controls and risk management systems;
  12. Reviewing, with the management, performance of statutory and internal auditors, adequacy of the internal control systems;
  13. Reviewing the adequacy of internal audit function, if any, including the structure of the internal audit department, staffing and seniority of the official heading the department, reporting structure coverage and frequency of internal audit;
  14. Discussion with internal auditors of any significant findings and follow up there on;
  15. Reviewing the findings of any internal investigations by the internal auditors into matters where there is suspected fraud or irregularity or a failure of internal control systems of a material nature and reporting the matter to the board;
  16. Discussion with statutory auditors before the audit commences, about the nature and scope of audit as well as post-audit discussion to ascertain any area of concern;
  17. To look into the reasons for substantial defaults in the payment to the depositors, debenture holders, shareholders (in case of non-payment of declared dividends) and creditors;
  18. To review the functioning of the Whistle Blower mechanism;
  19. Approval of appointment of CFO (i.e., the whole-time Finance Director or any other person heading the finance function or discharging that function) after assessing the qualifications, experience and background, etc. of the candidate;
  20. Carrying out any other function as is mentioned in the terms of reference of the Audit Committee.
  21. To act as the Management Committee of the Company to oversee the implementation of the ALM system and to review ALCO’s functions periodically as per the Guidelines issued by RBI.
  22. To review Management discussion and analysis of financial condition and results of operations;
  23. To review and approve Statement of significant related party transactions (as defined by the Audit Committee), submitted by management;
  24. To review Management letters / letters of internal control weaknesses issued by the statutory auditors;
  25. To review Internal audit reports relating to internal control weaknesses;
  26. To review the appointment, removal and terms of remuneration of the Chief internal auditor.

Terms of Reference for Stakeholders Relationship Committee

Updated Terms of reference of Stakeholders Relationship Committee-Board meeting held on 14 May 2014

  1. To look into the redressal of complaints of security holders on matters relating to transfer of shares, dematerialization of shares, non-receipt of annual report, non-receipt of dividend, matters relating to issue of new share certificates etc.
  2. To look into matters that can facilitate better security holders services and relations.

Terms of Reference for Nomination & Remuneration Committee

Updated Terms of reference of Nomination & Remuneration Committee-Board meeting held on 10 September 2014

  1. To identify persons who are qualified to become directors and who may be appointed in senior management in accordance with the criteria laid down, recommend to the Board their appointment and removal and shall carry out evaluation of every director’s performance;
  2. To formulate the criteria for determining qualifications, positive attributes and independence of a director and recommend to the Board a policy, relating to the remuneration for the directors, key managerial personnel and other employees;
  3. While formulating the policy, to ensure that -
    • the level and composition of remuneration is reasonable and sufficient to attract, retain and motivate directors of the quality required to run the company successfully;
    • relationship of remuneration to performance is clear and meets appropriate performance benchmarks; and
    • remuneration to directors, key managerial personnel and senior management involves a balance between fixed and incentive pay reflecting short and long-term performance objectives appropriate to the working of the company and its goals.
  4. To take into account financial position of the company, trend in the industry, appointees qualifications, experience, past performance, past remuneration, etc., and bring about objectivity in determining the remuneration package while striking a balance between the interest of the company and the shareholders;
  5. To lay down / formulate the evaluation criteria for performance evaluation of independent directors & the Board;
  6. To devise a policy on Board diversity.
  7. To ensure ‘Fit & Proper’ status of the proposed/existing directors.
  8. To review and approve the remuneration and change in remuneration payable to whole-time directors; and
  9. To review the remuneration and change in remuneration payable to senior managerial personnel who are one level below the Board.