Bajaj Finserv532978Subsidiary or JV
Bajaj Finserv incorporates wholly owned reinsurance arm Bajaj Reinsurance for Rs. 1 crore
By ScoutQuest · · 1 min read
100%Shareholding held by Bajaj Finserv
- Shares subscribed
- 10 lakh equity shares of face value of Rs. 10 each
- Consideration
- Rs. 1 crore, cash consideration
- Shareholding
- wholly (100% of the equity shareholding is held by BFS)
- Target
- Bajaj Reinsurance Limited
- Transaction
- New Subsidiary (wholly owned subsidiary incorporated)
Bajaj Finserv incorporates wholly owned reinsurance arm Bajaj Reinsurance for Rs. 1 crore.
Prior intimation of Board approval intimation dated
Date of incorporation
Certificate of incorporation received by email at 12:37 hours IST
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23 Oct 2026
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19 Oct 2026
September 2026 premium and new business numbers for two unlisted insurance subsidiaries
16 Oct 2026
More numbers
- Cost of subscription / considerationRs. 1,00,00,000/-
- Equity shares subscribed10,00,000
- Face value per equity shareRs. 10
- Shareholding held by Bajaj Finserv100%
Source: BSE · 17 Oct 2026
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