Bajaj Finserv Shares Worth Rs 5,506 Crore Traded in Block Deal

saw a block deal involving approximately 2.9 crore shares valued at Rs 5,506 crore. Promoter group entities, holding a 60.64% stake, launched a block deal to offload a 1.58% stake, aiming to raise Rs 4,750 crore, with an upsize option of Rs 1,080 crore, potentially increasing the total deal size to Rs 5,830 crore, according to industry sources. The transaction aligns with the promoter group's strategy to dilute their stake.