Bajaj Holdings Acquires 0.13% Bajaj Finserv Stake

Bajaj Holdings & Investment acquired 20.9 lakh Bajaj Finserv shares from subsidiary Bajaj Auto Holding for ₹370.53 crore via block deal.
The transaction is a related party transaction but exempt under SEBI Listing Regulations as it's between a holding company and its wholly-owned subsidiary.
BHIL's cumulative holding in Bajaj Finserv increased to 38.41% with this acquisition, totaling ₹1,104.94 crore investment.
The acquisition was executed as part of BHIL's ordinary investment business activities and required no governmental approvals.