Bajaj Auto Ltd.

BSE: 532977 | NSE: BAJAJ-AUTO
Large Cap | Automobile Two & Three Wheelers
9002.65
173.70 (1.97%)
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Bajaj Auto gets nod to make additional investment in Bajaj Auto International Holdings BV

Date: 16-05-2025

Bajaj Auto has received approval for the additional investment in the equity share capital of Bajaj Auto International Holdings BV (BAIH BV), Netherlands, a wholly owned subsidiary of the company of Euro 125 million (equivalent to Rs 1,199.92 crore at an assumed exchange rate of 1 Euro = Rs 95.9939).

The additional capital infusion by the company is to fund the needs of BAIH BV towards investment opportunities. The additional capital infusion will be made depending on the fund requirements on or before May 20, 2025. The Investment Committee of the Board of Directors at its meeting held on May 15, 2025, has accorded approval for the same. 

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