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SBI MF, Goldman Sachs, others buy 1.8% in Bajaj Finserv for ₹5,506 crore
Financial Express Bengaluru
|June 07, 2025
SBI MUTUAL FUND Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8% stake in Bajaj Finserv for ₹5,506 crore from promoter entities.
Besides, JP Morgan India, Citigroup Global, Societe Generale, SBI Life, BofA Securities and Barclays Merchant Bank (Singapore) were also among the buyers, as per block deal data on the NSE.
These entities bought 28.6 million shares, or a 1.8% stake, in Bajaj Finserv at an average price of ₹1,925.20 apiece, taking the combined transaction value to ₹5,506.07 crore, as per the data.
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