Maharashtra Scooters Limited (MSL) has announced the acquisition of shares in Bajaj Finance Ltd and Bajaj Auto Ltd, with a combined investment totalling ₹53.45 crore. The acquisitions were finalised on 25 March 2026.
The company acquired shares in Bajaj Finance Ltd at a cost of ₹21.58 crore on the date of acquisition, bringing the cumulative investment in the company to ₹71.65 crore. This acquisition represents a 0.0039% shareholding on the date of acquisition, with a cumulative shareholding of 3.0533%.
In a parallel move, MSL also acquired shares in Bajaj Auto Ltd at a cost of ₹31.87 crore on the same date, resulting in a cumulative investment of ₹112.46 crore. The acquisition represents a 0.0125% shareholding on the date of acquisition, with a cumulative shareholding of 2.4738%.
Both acquisitions are part of MSL’s strategy as an unregistered core investment company, acquiring shares in the ordinary course of its business through the secondary market. No governmental or regulatory approvals were required for these transactions.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).