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SBI MF, Goldman Sachs, others buy 1.8% in Bajaj Finserv for ₹5,506 crore

Financial Express Hyderabad

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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.

- PRESS TRUST OF INDIA

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.

MEER VERHALEN VAN Financial Express Hyderabad

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