Another Block Deal, Another Promoter Stake Sale – Bajaj Finserv promoter entities, Bajaj Holdings and Jamnalal Sons Pvt Ltd, to offload a 1.6% stake for an estimated ₹4,750 crore (\$550 million). The deal size may rise by an additional ₹1,078 crore, representing another 0.36% stake. The block deal is scheduled for tomorrow, with Kotak Securities acting as the broker. As of March 31, 2024, Bajaj Holdings held a 39.03% stake, while Jamnalal Sons owned 9.7% in Bajaj Finserv.

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