Transaction between Bajaj Finserv's unlisted arm and Allianz SE is related party, requires shareholder approval: Sebi
- Posted on October 11, 2024
- By Business News Today
- 1 Views
Transaction between Bajaj Finserv's unlisted arm and Allianz SE is related party, requires shareholder approval: Sebi
Sebi clarified that reinsurance agreement between Bajaj Finserv's unlisted entity BAGIC and Allianz SE qualifies as a related party transaction. Bajaj Finserv is required to seek shareholder approval and make disclosures under Sebi LODR regulations.
