173.70 (1.97%) Bajaj Auto has received approval from Board of Directors for additional fund infusion up to Rs 1,500 crore in Bajaj Auto Credit, a wholly owned subsidiary of the Company, either in the form of equity capital / preference capital / or subordinated debt, as may be determined in the due course, in one or more tranches.
The additional fund infusion will be made during the financial year 2025-26 in a phased manner. The Board of Directors at its meeting held on March 18, 2025, has approved the same.
Bajaj Auto is an Indian company which manufactures motorcycles, three-wheelers and quadricycles.