Bajaj Holdings & Investment acquires 20.90 lakh equity shares in Bajaj Finserv

For an aggregate consideration of Rs 370.53 cr

Bajaj Holdings & Investment has acquired 20,90,050 equity shares (0.13% stake) of Bajaj Finserv (BFS), an associate of the Company, from Bajaj Auto Holding (BAHL), a wholly owned subsidiary of the Company, through a block deal, for an aggregate consideration of Rs 370.53 crore.

With this, the company's holding in Bajaj Finserve has increased to 38.41% for an aggregate investment of Rs 1,104.94 crore.