Bajaj Finserv Ltd.

Bajaj Finserv Ventures, wholly-owned subsidiary of Bajaj Finserv, has entered into an agreement with Perfios Account Aggregation Services (Perfios) for financial investment by way of subscription to equity shares of Perfios. Post investment, Bajaj Finserv Ventures will hold 9.54% shareholding (on a fully diluted basis).

The Cash consideration is Rs 4,02,76,000 to subscribe to 8,05,520 fully paid up Equity Shares of face value of Rs. 10 at a premium of Rs.40 per equity share.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.