India's Bajaj Finserv's top shareholders sell $643 million stake (updated)

Bajaj Finserv

06/06/2025 15:26

Recasts paragraph 1 with details of selling shareholders

June 6 (Reuters) - Two of the biggest shareholders of India's Bajaj Finserv BJFS.NS sold a combined stake of 1.79% in the financial services company on Friday for 55.06 billion rupees ($642.5 million), exchange data showed.

   Bajaj Holdings and Investment BJAT.NS, which held a 39% stake in the company, sold 10.4 million shares at 1,925.20 rupees each, while Jamnalal Sons, which owned nearly 10%, offloaded 18.2 million shares at the same price.

Goldman Sachs, HDFC Mutual Fund and BofA Securities were among the buyers, according to the data.

($1 = 85.6200 Indian rupees)

 (Reporting by Nishit Navin; Editing by Sonia Cheema and Shinjini Ganguli)

 ((Nishit.Navin@thomsonreuters.com;))