Bajaj Finserv Limited has informed the Exchange about the incorporation of wholly owned subsidiary.
BAJAJFINSV · price
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Bajaj Finserv has incorporated a new wholly owned subsidiary called Bajaj Alternate Investment Management Limited on 29 August 2025. The new entity will operate in the alternative investment space and act as an asset manager for Bajaj Finserv's proposed alternative investment business, subject to regulatory approvals. Bajaj Finserv has subscribed to 50 lakh equity shares of Rs. 10 each, totalling Rs. 5 crore, giving it 100% ownership. The investment is entirely through cash consideration, and no government or regulatory approvals were required for the incorporation itself.
This is a small strategic step (Rs. 5 crore investment) to set up a dedicated vehicle for Bajaj Finserv's alternate investment business. It signals the company's intent to expand into the asset management space, but the financial impact is minimal at this stage since the subsidiary needs further approvals before commencing operations.