Top 5 Key Details from Bajaj Finance's Sale of Bajaj Housing Finance Shares

Bajaj Finance has offloaded a 2.35% equity stake in Bajaj Housing Finance by selling 16.66 crore shares at ₹95.3 each. The transaction, valued at approximately ₹1,890 crore, was executed through a block deal on the NSE, with the sale price set at a 9% discount to the previous day's closing price of ₹104.5. This significant stake sale comes as Bajaj Finance reduces its holding in Bajaj Housing Finance, where it previously held 88.7% of the company.