In continuation to letter dated 17 March 2025 intimating decision of the Board to acquire 19.95% each of the paid-up equity share capital of Bajaj Allianz General Insurance Company (BAGIC) and Bajaj Allianz Life Insurance Company (BALIC) from Allianz SE, subject to all necessary regulatory approvals including approval from the Competition Commission of India (CCI), Bajaj Holdings & Investment has informed that CCI has accorded its approval on 20 May 2025 for acquisition of stakes in BAGIC and BALIC.
The above information is a part of company’s filings submitted to BSE.
