Bajaj Finserv: About the incorporation of a wholly owned subsidiary company i.e. Bajaj Reinsurance Limited
Bajaj Finserv (BAJAJFINSV) filed a disclosure titled "About the incorporation of a wholly owned subsidiary company i.e. Bajaj Reinsurance Limited". The company is valued at about ₹2.77 lakh crore.
What happened
Bajaj Finserv (BAJAJFINSV) filed a disclosure with the exchanges on 17 October 2026 at 04:50 PM titled "About the incorporation of a wholly owned subsidiary company i.e. Bajaj Reinsurance Limited".
Company snapshot
Bajaj Finserv is a large-cap company in the Financial Services sector, with a market value of about ₹2.77 lakh crore.
The stock last traded at ₹1,729, against a 52-week range of ₹1,597–₹2,195 (21.2% below the high).
Before this filing the shares had moved −7.0% over the month and −9.0% over three months. Average daily turnover over the last 20 sessions was about ₹165 crore.
Promoters held 58.71% at the end of Q1 FY27; 0.01% of promoter shares were pledged. Foreign institutions owned 6.91% and domestic institutions 12.10%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 35,439 | 2,789.1 | 17.5 |
| Q2 FY26 | 37,403 | 2,244.1 | 14.1 |
| Q3 FY26 | 39,708 | 2,229.2 | 14 |
| Q4 FY26 | 38,494 | 2,538.7 | 15.9 |
| Q1 FY27 | 42,037 | 3,132.4 | 19.6 |
What history shows
BCEIE has no earlier m&a filing from this company on record since May 2026.
Across 91 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and +0.0% over five days; 45% of them rose the next day.
Market-wide, 2,112 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 3 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Bajaj Finserv Share Price Today, Bajaj Finserv Stock Price Live NSE/BSE Updates
- Bajaj Finserv (NSEI:BAJAJFINSV) Stock Forecast & Analyst Predictions
- Reports suggest Bajaj Finserv eyeing reinsurance foray, former GIC Re chief tipped to lead venture
- Bajaj Finserv Plans To Apply For Reinsurance Business
- Bajaj Finserv to rope in ex-GIC re chief for reinsurance venture
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.