NSEAcquisition17 Oct 2026 · 17 Oct 2026, 05:03 pm

Acquisition

Bajaj Finserv Limited · BAJAJFINSV

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Bajaj Finserv Limited has incorporated a wholly owned subsidiary, Bajaj Reinsurance Limited, to carry on the business of reinsurance, subject to necessary regulatory approvals.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Bajaj Finserv Limited has informed the Exchange about the incorporation of a wholly owned subsidiary company i.e. Bajaj Reinsurance Limited

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walimbelk_17102026170249_SEIntimationIncorporationofReinsurance17Oct2026.pdf

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17 October 2026 To To Corporate Relations Department. Corporate Listing Department. BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor Rotunda Building, P J Tower, Plot No.C-1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 BSE Code: 532978 NSE Code: BAJAJFINSV Dear Sir/Madam, Sub.: Information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 (the ‘SEBI Listing Regulations, 2015’) – Incorporation of Wholly Owned Subsidiary This is with reference to our intimation dated 31 July 2026, vide which we informed that the Board had approved the proposal to pursue the reinsurance business through a subsidiary of the Company to be incorporated. Now, we wish to inform that the Company has incorporated a wholly owned subsidiary in the name and style of Bajaj Reinsurance Limited effective today i.e., 17 October 2026, to carry on the business of reinsurance, subject to necessary regulatory approvals. The Certificate of Incorporation was received by the Company from the Ministry of Corporate Affairs via email on 17 October 2026 at 12:37 hours (IST). Details as prescribed under Regulation 30 of the SEBI Listing Regulations, 2015 read with SEBI Master circular dated 30 January 2026, are enclosed herewith as Annexure. We request you to kindly take the same on record. Thanking you. FOR BAJAJ FINSERV LIMITED UMA SHENDE COMPANY SECRETARY Email ID: investors@bajajfinserv.in Encl.: As above Page 1 of 2 https://www.aboutbajajfinserv.com/about-us Registered Office: 6th Floor, Bajaj Finserv House, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India Tel: +91 20 7150 5700 | Fax: +91 20 7150 5792 Corporate ID No.: L65923PN2007PLC130075 | Email ID: investors@bajajfinserv.in Annexure Details as prescribed under Regulation 30 of the SEBI Listing Regulations, 2015 read with SEBI Master circular dated 30 January 2026 are mentioned below: Sr. No. Particulars Details 1. Name of the entity, date & country of Name: Bajaj Reinsurance Limited incorporation, etc. Date of incorporation: 17 October 2026 Country: India 2. Name of holding company of the Bajaj Finserv Limited (‘BFS’) incorporated company and relation The new company is a wholly owned subsidiary with the listed entity; of BFS. 3. Industry to which the entity being Insurance Industry incorporated belongs; 4. Brief background about the entity Re-Insurance business incorporated in terms of products / line of business; 5. Brief details of any governmental or No objection certificate has been obtained from regulatory approvals required for the Insurance Regulatory and Development incorporation Authority of India (‘IRDAI’) for incorporation. 6. Nature of consideration - whether cash Cash Consideration consideration or share swap and details of the same 7. Cost of subscription / price at which the 10,00,000 equity shares of face value of Rs. 10 shares are subscribed each, amounting to Rs. 1,00,00,000/-. 8. Percentage of shareholding / control by 100% of the equity shareholding is held by BFS. the listed entity and / or number of shares allotted. Page 2 of 2 https://www.aboutbajajfinserv.com/about-us Registered Office: 6th Floor, Bajaj Finserv House, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014, Maharashtra, India Tel: +91 20 7150 5700 | Fax: +91 20 7150 5792 Corporate ID No.: L65923PN2007PLC130075 | Email ID: investors@bajajfinserv.in