NEW DELHI: On Tuesday, Bajaj Finance Ltd, a key promoter of Bajaj Housing Finance, sold a 2% stake for ₹1,588 crore via an open market transaction.
As per the bulk deal information from the National Stock Exchange (NSE), Bajaj Finance Ltd divested 16.66 crore shares, equivalent to a 1.99% stake in Bajaj Housing Finance.
The shares were sold at an average price of ₹95.31 each, bringing the total transaction value to ₹1,587.86 crore.
Following this transaction, Bajaj Finance’s stake in Bajaj Housing Finance has reduced from 88.70% to 86.71%.
The identities of the buyers of Bajaj Housing Finance shares remain unspecified on the exchange.
On the NSE, shares of Bajaj Housing Finance fell by 7.02%, closing at ₹97.15 each.
Last month, Bajaj Housing Finance announced an 18% increase in its profit for the second quarter ended September 2025, reporting a net profit of ₹643 crore, up from ₹546 crore in the same quarter the previous year.
Total income rose to ₹2,755 crore during this quarter, compared to ₹2,410 crore in the same period last year.
