HomeMarket NewsBajaj Finance to sell up to 2% stake in Bajaj Housing Finance to meet public float norms

Bajaj Finance to sell up to 2% stake in Bajaj Housing Finance to meet public float norms

Bajaj Finance plans to divest up to 2% in Bajaj Housing Finance between December and February to meet minimum public shareholding norms. Shares closed marginally lower ahead of the announcement.

Profile image
By Sheersh Kapoor  December 1, 2025, 4:20:24 PM IST (Published)
CNBCTV18 on Google

Bajaj Housing Finance said on Monday that promoter Bajaj Finance Limited intends to sell up to 2% of its stake in the company through open-market transactions to comply with minimum public shareholding requirements.


Bajaj Finance currently holds 88.70% in the housing finance company, amounting to over 739 crore shares.


The proposed sale, capped at 166.6 million shares, will take place in one or more tranches between December 2, 2025 and February 28, 2026.


Undertakings from promoters—Bajaj Finance and Bajaj Finserv—confirm they will not purchase shares on days when the sale is executed, as mandated under SEBI’s Master Circular.


The move is in line with obligations under the Securities Contracts (Regulation) Rules, 1957 and SEBI’s LODR Regulations, which require listed entities to meet prescribed public float thresholds, the company said.


Ahead of the announcement, shares of Bajaj Housing Finance Ltd closed at ₹104.59, down 0.46% on the NSE.