FilingReader Intelligence

Bajaj Finserv establishes new alternative investment management subsidiary

August 29, 2025 at 04:29 PM UTCBy FilingReader AI

Bajaj Finserv Limited (BFS) announced the incorporation of its wholly owned subsidiary, Bajaj Alternate Investment Management Limited, effective August 29, 2025. Established in India, this new entity is set to operate as an asset manager for alternative investment businesses, subject to obtaining necessary approvals.

BFS has fully subscribed to the new subsidiary, acquiring 5,000,000 equity shares with a face value of INR 10 each, totaling an investment of INR 50,000,000. This secures BFS 100% of the equity shareholding and control of the new company.

The announcement highlights BFS's strategic move into the alternative investment sector.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:BAJAJFINSVBombay Stock Exchange

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