SBI MF and Goldman Sachs Acquire Stake in Bajaj Finserv

Several major investment firms, like SBI Mutual Fund and Goldman Sachs, purchased a significant chunk of Bajaj Finserv shares on Friday.

This involved a large sale of shares by the company's promoters, Bajaj Holdings and Investment Ltd and Jamnalal Sons, who wanted to raise money.

These investors bought shares at an average price of ₹1,925.20 each, totaling ₹5,506 crore.

In a separate deal, Wabco Asia Pvt Ltd sold a portion of its stake in ZF Commercial Vehicle Control Systems India, another company.