Bajaj Auto Ltd.

Bajaj Auto has received approval for additional investment in the equity share capital of Bajaj Auto Credit (BACL) of Rs 2,250 crore in a phased manner, in addition to the existing Rs 600 crore approved earlier. Additional capital infusion by Bajaj Auto in BACL is in furtherance of BACL’s main line of business. BACL will continue to remain wholly owned subsidiary of the Company. The Board of Directors of the company at its meeting held on April 18, 2024, have approved the same. 

Bajaj Auto is an Indian company which manufactures motorcycles, three-wheelers and quadricycles.