Bajaj HFC

The fall in Bajaj Housing Finance shares shares came as the company saw its lock-in period end on October 14, 2024, for 126 million shares.

The IPO would include a sale of shares by existing shareholders

The action stands in violation of certain provisions of the 'Non-Banking Financial Company - Housing Finance Company (Reserve Bank) Directions, 2021' issued by the RBI

BHFL is the second housing finance company (HFC) after Piramal Housing Finance to announce aggressive loan growth plans