BUZZ — India's Bajaj Healthcare falls on agreement to sell Gujarat undertaking for $1.5 million

* Shares of India's Bajaj Healthcare fall 2.8% to 321.50 rupees * The pharmaceutical company says it has agreed to sell its Gujarat undertaking to Spa Vet and Indosol Pure Technologies for about 146.7 million rupees ($1.54 million) through a deed of assignment * Company says undertaking was not operational during the last financial year, contributing no revenue * BAJH stock down 22.5%, YTD ($1 = 95.2300 Indian rupees) (Reporting by Payel Das in Bengaluru) ((Payel.das@thomsonreuters.com)