Bajaj Finserv Limited announced the final acquisition of the remaining equity held by Allianz SE in its insurance arms, Bajaj General Insurance and Bajaj Life Insurance. Following a tendered buyback offer, Allianz SE has completely exited, resulting in Bajaj Finserv’s stake increasing from 75.01% to 77.33%. Collectively, the Company and its Promoter Group now hold the 100% equity stake in both insurance subsidiaries as of the date of this March 12, 2026 filing.
Final Shareholding Restructuring Completed
This communication serves as an update regarding the equity restructuring concerning the two key insurance subsidiaries: Bajaj General Insurance Limited and Bajaj Life Insurance Limited. Previously, we had informed stakeholders on January 8, 2026, that Allianz SE intended to participate in a Buyback offer for its remaining 3% equity stake in each of these entities.
Allianz SE Complete Divestment
We confirm that pursuant to the Buyback offer, Allianz SE tendered its entire remaining 3% equity stake in both Bajaj General and Bajaj Life. Consequently, Allianz SE has now completely exited its shareholding in both insurance subsidiaries, concluding their joint venture structure.
Consolidated Ownership Achieved
The transaction has resulted in a direct increase in the Company’s shareholding in each subsidiary from 75.01% to 77.33%. More significantly, the Company, along with its Promoter Group Companies, now collectively holds the 100% equity stake in both Bajaj General and Bajaj Life Insurance Limited, securing full ownership.
Source: BSE
