Bajaj Finserv Receives CCI Approval for Stake Acquisition in Insurance Subsidiaries

Bajaj Finserv Ltd. has received approval from the Competition Commission of India (CCI) for the acquisition of stake in its insurance subsidiaries. This approval comes after the company's board decision in March 2025 to acquire stake from Allianz SE, subject to regulatory approvals and customary conditions. The acquisition is still subject to approvals from the Insurance Regulatory and Development Authority of India and compliance with the covenants stipulated in the SPAs. The company will keep investors updated of any significant developments in the transaction.