Bajaj Finserv Limited — JV/Acquisition, 26-03-2025: Acquisition

Bajaj Finserv has converted 15,50,000 warrants of Bajaj Finance Limited (BFL) into equity shares, resulting in an additional stake that raises its holding from 51.27% to 51.39%. The total cash consideration for this transaction is Rs. 1,188.85 crore, at a price of Rs. 7,670 per warrant. This move reinforces Bajaj Finserv's commitment to BFL amid its capital-raising efforts and could enhance operational synergy and market presence in the financial services sector, as BFL continues to grow its diversified lending portfolio across India.