Bajaj Holdings & Investment Limited — Important, 14-07-2025: General Updates
14-07-2025 | 10:11 pm
14-07-2025 | 10:11 pm
Bajaj Holdings & Investment is becoming an Unregistered Core Investment Company, prompting a major portfolio realignment. This led to selling non-group assets, generating a substantial ₹3,777.15 Cr gain. It is authorized to acquire up to 19.95% more stake in Bajaj Allianz General and Life Insurance, moving towards 100% group ownership. Standalone profit dropped to ₹1,291.83 Cr due to last year's large share buyback gain. Consolidated profit also fell to ₹6,520.67 Cr from a significant ₹915.48 Cr net loss from the KTM AG associate's restructuring. A total dividend of ₹1,035.03 Cr is put forth for shareholder approval.
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