Bajaj group stock falls 9.1% after promoter to sell 2% stake in the company

Synopsis: The company’s promoter since its IPO has held the percentage of stock higher than the legal requirement, the divestment is regarding to the requirement.

The shares of Bajaj housing FInance ltd a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since 2015 and has been offering mortgage loans is in focus after the divestment promoter stake sale news to meet obligations of SEBI.

With the market capitalization of Rs. 80,073.74 Crore, Bajaj Housing Finance Ltd’s share on Tuesday made a day low of Rs. 94.90 per share, down by 9 percent compared to its previous close price of Rs. 104.50 per share. The company has given a negative return of 28.49 percent over the period of one year.

What’s the news:

Bajaj Finance limited’s promoter hold around 739 crore equity shares aggregating 88.70 percent of the total paid up capital of the company, promoter’s stake have been constant at this number since its listing.

SEBI regulations require that at least 25 percent of the stake must be held by the public. Since listing Bajaj Housing Finance promoters didnt cutdown their holding  , the promoter now needs to reduce its stake to comply with the requirements of minimum public shareholding.

The promoters are selling 2 percent  of its equity share capital, i.e. around 16.66 crore equity shares in one or more tranches. Period beginning from December 2, 2025  till February 28, 2026 or the actual date of completion of equity sale.

The IPO came last year in September; since then, the promoter hasn’t sold any stake, but FII and DII reduced their stake from 1.68 percent and 1.83 percent respectively to 0.91 percent and 0.54 percent. The public holding went up to 9.81 percent from 7.63 percent on listing, and the government exited the stock in Q3 FY25.

About the company

Founded in 2008, Bajaj Housing Finance is a non-deposit-taking Housing Finance Company  registered with the National Housing Bank since 2015 and has been offering mortgage loans. It is a 100% subsidiary of Bajaj Finance Ltd one of the most diversified NBFCs in the Indian market.

BHFL offers finance to individuals as well as corporate entities for the purchase and renovation of homes, or commercial spaces. It also provides loans against property for business or personal needs as well as working capital for business expansion purposes. BHFL also offers finance to developers engaged in the construction of residential and commercial properties as well as lease rental discounting to developers and HNIs.

Financial highlights, revenue grew by 14 percent to Rs. 2,755 crore in Q2 FY26 from Rs. 2,410 crore in Q2 FY25. EBDIT grew by 12 percent to Rs. 2,502 crore in Q2 FY26 from 2,231 crore in Q2 FY25. Accompanied by growth in Net profit by 18 percent YoY to Rs. 643 crore and EPS growth of 17 percent to Rs. 0.77 per share.

Written by Gourav Pratap Singh

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Bajaj group stock falls 9.1% after promoter to sell 2% stake in the company appeared first on Trade Brains.