Maharashtra Scooters Limited Acquires Stake in Bajaj Finance and Bajaj Auto
Maharashtra Scooters Limited announced on March 27, 2026, the acquisition of shares in Bajaj Finance Ltd. and Bajaj Auto Ltd. through secondary market transactions.The company acquired 0.0043% stake in Bajaj Finance Ltd. on March 27, 2026, for a cost of Rs. 23.07 crore. The cumulative acquisition up to the date totals 3.0576%, with a total cost of Rs. 94.71 crore.
Additionally, 0.0048% of shares were acquired in Bajaj Auto Ltd. on March 27, 2026, for a cost of Rs. 12.03 crore, bringing the cumulative acquisition to 2.4787% and the total cost to Rs. 124.50 crore.
Maharashtra Scooters Limited, an unregistered core investment company, stated that these acquisitions are part of its ordinary course of business. No governmental or regulatory approvals were required for these acquisitions.
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