Bajaj Finserv promoter entities eyeing part stake sale, launch Rs 4,750-cr block deal with upsize option https://t.co/cEUlFNEKE4
#Breaking 🚨| Bajaj Finserv promoter group entities planning to sell part stake via mega Rs 4,750 crore block deal with upsize option reports @ashwinmohansays #BajajFinserv #Bajaj #Stakes Read more here👇 https://t.co/1VroCkP49H
#SourcesSay | Bajaj Finserv founder firm to offload 25.3M shares in secondary sale @anujosh_aj #BajajFinserv https://t.co/r0u7yAlZMp
HSBC has committed $4 billion to its private debt funds through its asset management subsidiary, signaling a strategic investment in this sector. Concurrently, HSBC is planning to enter India's venture debt market by launching an Innovation Banking division aimed at startups, according to the Economic Times. In separate financial news, promoter entities of Bajaj Finserv, including Bajaj Holdings and Jamnalal Sons, are preparing to sell up to a 1.94% stake in the company through block deals valued at approximately ₹5,828 crore, with a floor price of ₹1,880 per share. The promoter group is expected to offload 25.3 million shares in a secondary sale, initiating a mega block deal worth around ₹4,750 crore, with an option to upsize the transaction.