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Group Structure

Bajaj Holdings and Investment Limited (BHIL)(Listed)

 
 
 
 
 
 
234.21%0%
 
 
 

Bajaj Auto Ltd
(Listed)

Auto business arm

1 0%
 
 
 

Bajaj Finserv Ltd
(Listed)

Financial services arm

30%
 
 
 

Maharashtra Scooters Ltd
(Listed)

Unregistered Core Investment Company

 
 
 
 
 
 
 
 
  • VericleLine
    451.32%
     
     
     

    Bajaj Finance
    Ltd (Listed)

    Lending business arm

  • VericleLine
    0%
     
     
     

    Bajaj General Insurance Ltd

    Protection

  • VericleLine
    0%
     
     
     

    Bajaj Life
    Insurance Ltd

    Protection and retiral

  • VericleLine
    80.10%
     
     
     

    Bajaj Finserv
    Direct Ltd

    Digital marketplace

  • VericleLine
    0%
     
     
     

    Bajaj Finserv Health Ltd

    (Including Vidal Healthcare Services Pvt. Limited)

  • VericleLine
    0%
     
     
     

    Bajaj Finserv
    Ventures Ltd

     

  • VericleLine
    5 0%
     
     
     

    Bajaj Finserv Asset Management Ltd

    Mutual fund

  • VericleLine
    0%
     
     
     

    Bajaj AIF Trustee Limited

  • VericleLine
    0%
     
     
     

    Bajaj Alternate Investment Management Limited

 
 
 
 
 
 
 
  • VericleLine
    88.70%
     
     
     

    Bajaj Housing
    Finance Ltd

    Mortgage lending

  • VericleLine
    0%
     
     
     

    Bajaj Financial
    Securities Ltd

    Broking & depository

  • VericleLine
    0%
     
     
     

    Bajaj Technology Services Inc.

     

  1. 58.59% holding via promoter holding & promoter group
  2. 55.04% holding via promoter holding & promoter group
  3. 51% holding through promoter holding company
  4. 54.66% holding via promoter holding & promoter group
  5. Bajaj Finserv Mutual Fund Trustee Ltd is a wholly owned subsidiary of Bajaj Finserv Limited, acts as Trustee to the Asset Management Company.

Note: Shareholding as of 30 September, 2025

Group Structure

Bajaj Holdings and Investment Limited (BHIL)(Listed)

 
 
 
 
 
 
234.21% 0%
 
 
 

Bajaj Auto Ltd
(Listed)

Auto business arm

1 0%
 
 
 

Bajaj Finserv Ltd
(Listed)

Financial services arm

30%
 
 
 

Maharashtra Scooters Ltd
(Listed)

Unregistered Core Investment Company

 
 
 
 
 
 
VericleLine
VericleLine
 
VericleLine
4 0%
 
 
 

Bajaj Finserv Ltd
(Listed)

Lending business arm

VericleLine
VericleLine
0%
 
 
 

Bajaj General Insurance Ltd

Protection

VericleLine
0%
 
 
 

Bajaj Life Insurance Ltd

Protection & retiral

VericleLine
80.10%
 
 
 

Bajaj Finserv Direct Ltd

Digital marketplace

 
 
 
 
 
 
VericleLine
VericleLine
88.70%
 
 
 

Bajaj Housing Finance Ltd

Mortgage lending

 
VericleLine
0%
 
 
 

Bajaj Financial Securities Ltd

Broking & depository

 
VericleLine
100%
 
 
 

Bajaj Technology Services Inc.

 
 
 
 
VericleLine
0%
 
 
 

Bajaj Finserv Health Ltd

(Including Vidal Healthcare Services Pvt. Limited)

VericleLine
0%
 
 
 

Bajaj Finserv Ventures Ltd

 

VericleLine
5 0%
 
 
 

Bajaj Finserv Asset Management Ltd

Mutual fund

 
 
 
 
 
VericleLine
0%
 
 
 

Bajaj AIF Trustee Limited

 

VericleLine
0%
 
 
 

Bajaj Alternate Investment Management Limited

 
  1. 58.59% holding via promoter holding & promoter group
  2. 55.04% holding via promoter holding & promoter group
  3. 51% holding through promoter holding company
  4. 54.66% holding via promoter holding & promoter group
  5. Bajaj Finserv Mutual Fund Trustee Ltd is a wholly owned subsidiary of Bajaj Finserv Limited, acts as Trustee to the Asset Management Company.

Note: Shareholding as of 30 September, 2025