Bajaj Auto Ltd.

BSE: 532977 | NSE: BAJAJ-AUTO
Large Cap | Automobile Two & Three Wheelers
9243.00
-184.75 (-1.96%)
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Bajaj Auto informs about board meeting proceedings

Date: 22-07-2021
Bajaj Auto has informed that the Board of Directors at its meeting held today, has approved the incorporation of a wholly owned subsidiary of the company. The wholly owned subsidiary will leverage the growth opportunities in the evolving mobility space and will help the Company venture into the manufacturing of Electric and Hybrid vehicles in the 2 wheeler, 3 wheeler and light 4 wheeler categories. The details required under regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed as Annexure A.

The above information is a part of company’s filings submitted to BSE.