Down 10% in a month; Bajaj Finance approves Rs.11,700 cr QIP, Rs.5,800 cr warrants to Bajaj Finserv - Share value impact

New Delhi, Oct. 2 -- Bajaj Finance is gearing up for one of its biggest capital-raising exercises, with the company's board approving a QIP of up to Rs.11,700 crore alongside a Rs.5,800 crore preferential issue of warrants to promoter and holding company Bajaj Finserv. The move comes as the NBFC lo…