Bajaj Finance has sold 82.5 lakh shares, amounting to a 0.77 per cent stake in SBFC Finance through an open market transaction. As per the bulk deal data available with the BSE, the shares were disposed of at an average price of Rs 85.02 apiece, taking the aggregate transaction value to Rs 70.14 crore.
SBFC Finance is a systemically important, non-deposit-taking Non-Banking Finance Company (NBFC-ND-SI).