Bajaj Finance to divest up to 2% stake in Bajaj Housing Finance to meet minimum public shareholding norms

As of December 1, Bajaj Finance holds 739 crore equity shares, totalling 88.7% of the total paid-up capital. The seller has now proposed to sell a part of its stake.

“Bajaj Finance Limited, the promoter of the Company, has conveyed to us their intention to sell the Equity Shares to enable us to comply with the requirements of minimum public shareholding,” Bajaj Housing Finance said in a regulatory filing.

In its regulatory filing, Bajaj Housing Finance said the sale period will run from December 2, 2025, to February 28, 2026, or until all the shares are sold—whichever comes earlier.

On Monday, shares of Bajaj Housing Finance closed at ₹104.59 apiece on NSE, falling 0.46%. Bajaj Finance shares dipped 1.71% to settle at 1,019.80 apiece.

Bajaj Housing Finance Q2

NBFC Bajaj Housing Finance had posted an 18% year-on-year (YoY) increase in its profit after tax (PAT) to ₹642.96 crore for the second quarter of the 2025-26 financial year (Q2FY26).

In the same period of the 2024-25 fiscal year (Q2Y25), it had clocked a profit of ₹545.60 crore, it said in a regulatory filing.

The firm's net interest income (NII) advanced 34% YoY to ₹956 crore during the quarter under review, compared to ₹713 crore for the September quarter of the previous fiscal year.

Its net interest margin (NIM) contracted by 10 basis points (bps) YoY to 4% in Q2FY26, as against 4.1% in the year-ago period.

Its asset quality improved slightly, as its gross non-performing assets (GNPA) decreased by 3 bps YoY to 0.26% in Q2FY26, compared to 0.29% in the corresponding period of last year. However, its net NPA (NNPA) remained stable at 0.12%.

Bajaj Finance Q2

Bajaj Finance had reported a 21.89% year-on-year (YoY) surge in its consolidated net profit to ₹4,875.36 crore in Q2 FY26. In the corresponding period of the previous fiscal year, the NBFC had logged a profit of ₹3,999.73 crore.

The Pune-based company's net interest income (NII) came in at ₹10,785 crore during the quarter under review, reflecting a 22% annual growth from ₹8,838 crore in the September quarter of the 2024-25 fiscal year (Q2FY25).

The NBFC’s asset quality declined as its gross non-performing assets (GNPA) increased to 1.24% from 1.06% annually and 1.03% sequentially. Its net non-performing assets (NNPA) expanded to 0.60%, from 0.46% on a YoY basis, and 0.50% quarter-on-quarter (QoQ).

It witnessed a 24% YoY increase in its assets under management (AUM) to ₹4.62 lakh crore in the second quarter of the current fiscal year, as against ₹3.74 lakh crore in the year-ago period.