Bajaj Auto Limited has announced that its Investment Committee has approved an additional capital infusion of €125 million (approximately ₹1,199.92 crore) into its wholly owned subsidiary, Bajaj Auto International Holdings BV (BAIH BV), based in the Netherlands. The decision was finalized at the committee’s meeting held earlier today.
The company disclosed the development to the BSE and NSE in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The funds will be used by BAIH BV to explore and support new investment opportunities. This transaction is classified as a related party transaction but will be conducted on an arm’s length basis.
As of March 31, 2024, BAIH BV reported a turnover of ₹19.09 crore and a net worth of ₹5,487.75 crore. It is engaged in investment-related activities and does not involve any promoter group interests beyond its ownership by Bajaj Auto.
Bajaj Auto Limited is one of India’s leading manufacturers of two-wheelers and three-wheelers. Headquartered in Pune, Maharashtra, the company operates as part of the Bajaj Group and was originally established in 1945. It has since grown into a globally recognized brand with a significant presence in both domestic and international markets.
The company’s product portfolio includes motorcycles, scooters, and auto rickshaws, with notable models such as the Pulsar, Dominar, Platina, CT, and the RE series of three-wheelers. Bajaj Auto has also formed strategic alliances with international brands, including KTM and Husqvarna, helping it diversify its offerings and expand its footprint across various regions.
In addition to manufacturing, Bajaj Auto has been actively investing in research and development, focusing on performance, safety, and fuel efficiency. It has also shown interest in electric mobility, with efforts underway to explore opportunities in the EV segment through subsidiaries and technology partnerships.
Bajaj Auto operates manufacturing facilities in Maharashtra and other parts of India, supported by an extensive dealer and service network. It exports products to over 70 countries, contributing a substantial share to India’s overall two-wheeler exports.
The company is listed on major Indian stock exchanges, including the BSE and NSE. It maintains a stable financial position with consistent revenues and profitability. Bajaj Auto has been regularly updating stakeholders through regulatory disclosures and public announcements, reflecting adherence to corporate governance standards.
Overall, Bajaj Auto continues to operate as a key player in the Indian automotive industry. It maintains a broad market presence while exploring growth through innovation, exports, and potential ventures in new mobility solutions. The company’s operations reflect a combination of traditional strengths in manufacturing with an evolving outlook towards future mobility trends.