Bajaj Finserv promoters to sell 2% stake, eye Rs 5.8k crore

Bajaj Finserv’s promoter entities, Bajaj Holdings & Investment and Jamnalal Sons, are set to divest nearly 2% of their stake through block deals, aiming to raise approximately Rs 5,800 crore. The sale of 3.1 crore shares at a base price of Rs 1,880 reflects a 3.3% discount from the previous day’s closing price.