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Bajaj Holdings & Investment acquires equity shares in Bajaj Finserv

The company has acquired 20,90,050 equity shares of Bajaj Finserv

Bajaj Holdings & Investment has acquired 20,90,050 equity shares 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.

Bajaj Holdings & Investment (BHIL) is essentially a holding and investment company focusing on earning income through dividend, interest and gains on investments held.