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Bajaj Holdings & Investment Limited. ( (IN:BAJAJHLDNG) ) just unveiled an announcement.
Bajaj Holdings & Investment Limited has announced its board’s approval to acquire a 19.95% stake in both Bajaj Allianz General Insurance Company Limited and Bajaj Allianz Life Insurance Company Limited from Allianz SE. This strategic move aims to strengthen Bajaj Holdings’ investment portfolio in the insurance sector and is subject to regulatory approvals. The acquisition aligns with the company’s goal of enhancing its position as a group investment holding entity, potentially impacting its market presence and stakeholder interests.
More about Bajaj Holdings & Investment Limited.
Bajaj Holdings & Investment Limited operates in the financial services industry, focusing on investment holdings. The company is primarily involved in managing investments in various sectors, including insurance, through its subsidiaries and associates.
YTD Price Performance: -4.69%
Average Trading Volume: 3,108
Current Market Cap: 1259.2B INR
See more data about BAJAJHLDNG stock on TipRanks’ Stock Analysis page.