Money Tree

As per the latest reports two new companies will be incorporated and after demerger there will be three companies in all. The two new companies will be Bajaj Holdings Ltd and Bajaj Finserve Ltd. The shareholders of Bajaj Auto Ltd. will get shares of Bajaj Holdings and Bajaj Finserve in the ratio of 1:1. The face value of the shares of Bajaj Finserve will be Rs. 5 and the face value of the shares of Bajaj Holdings will be Rs. 10.

The auto business of the company shall be transferred to Bajaj Holdings and investment, finance and insurance business will be run by Bajaj Finserve.