Bajaj Housing Finance Promoter Plans 2% Stake Sale By February

Bajaj Finance Ltd., the promoter of Bajaj Housing Finance Ltd., will sell up to 2% stake to comply with the requirements of minimum public shareholding.

The promoter stake aggregates to 88.7% of the total paid up capital of the company as on date. "Out of the total share capital held, the seller proposes to divest upto 2% of its equity share capital of the Company not exceeding in aggregate upto 166,600,000 shares in one or more tranches," an exchange filing said on Monday.

Bajaj Finance will sell shares in the secondary market from Dec. 2 till Feb. 28, 2026, in a single or multiple tranches.

The housing finance company made its stock market debut in September 2024. The stock is down 36% since then.