Bajaj Finserv Limited has informed the Exchange about incorporation of a new step down subsidiary.
BAJAJFINSV · price
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Bajaj Finserv has incorporated a new step-down subsidiary called Bajaj Technology Services Inc. (BTS Inc.) in Delaware, USA, effective 19 August 2025. BTS Inc. is a wholly owned subsidiary of Bajaj Finserv Direct Limited (BFS-D), which is itself a subsidiary of Bajaj Finserv. The new entity will offer technology services to clients in the USA, with an initial cash subscription of $1,000 for 100% of the share capital. The transaction is not classified as a related party transaction, and the promoter group has no interest in BTS Inc. No prior turnover or financial history exists as the company is newly incorporated.
This is a small but strategic step to build a technology services presence in the US market. The immediate financial impact is negligible given the nominal investment, but it signals Bajaj Finserv's intent to grow its tech services footprint internationally, which could support long-term revenue diversification for the group.