Bajaj Holdings & Investment Ltd is applying to the RBI to change its status from an NBFC-ICC to an Unregistered Core Investment Company (CIC). The company reported ₹3,184.31 crore turnover and ₹21,690.19 crore net worth for FY2026.
Bajaj Holdings Seeks Unregistered CIC Status
FY26 Turnover: ₹3,184.31 crore
FY26 Net Worth: ₹21,690.19 crore
Reader Takeaway: Strategic regulatory shift to Unregistered CIC; monitor related-party transactions.
What just happened
Bajaj Holdings & Investment Ltd's Board approved an application to the Reserve Bank of India (RBI) on November 12, 2025. The company seeks to voluntarily surrender its Certificate of Registration as an NBFC-Investment and Credit Company (ICC). The goal is to reclassify as an Unregistered Core Investment Company (CIC).
Why this matters
This reclassification signifies a major change in the company's regulatory framework. Becoming an Unregistered CIC will alter how the company is overseen by the RBI. For investors, it's crucial to understand the implications of this regulatory shift on governance and future operations.
The backstory
The company reported a turnover of ₹3,184.31 crore and a net worth of ₹21,690.19 crore for the financial year ended March 31, 2026. Its paid-up capital stands at ₹111.29 crore. As an investment holding entity, it engages in significant transactions with related parties.
What changes now
The primary change is the company's regulatory status, pending RBI approval. This transition to an Unregistered CIC will affect its compliance and reporting requirements. Investors should monitor the RBI's decision and its timeline.
Risks to watch
A key watch point is the high concentration of related-party transactions. Investments in related parties constituted 92.75% of total investments, and sales to related parties were 70.92% of total sales in FY2026. While typical for a holding company, continuous monitoring for fairness and transparency is advised.
Peer comparison
As an investment holding company, Bajaj Holdings & Investment Ltd operates within a specific niche. Its peer group typically consists of other core investment companies and financial holding entities. Direct operational comparisons are less relevant than financial structure and regulatory status.
Context metrics (time-bound)
For FY2026:
- Investments in related parties: 92.75% of total investments.
- Sales to related parties: 70.92% of total sales.
- Purchases from related parties: 18.01% of total purchases.
- GHG Emissions (Scope 1): 1,874.58 metric tonnes CO2 equivalent.
- GHG Emissions (Scope 2 & 3): Nil.
- Fatalities & Safety Incidents: Zero.
What to track next
Investors should closely track the RBI's response to Bajaj Holdings' application for reclassification. Monitoring the annual figures for related-party transactions will also be important to ensure no significant deviations occur.