Bajaj Auto to invest up to €150m in subsidiary

Bajaj Auto (BSE: 532977) announced plans to invest up to €150 million (approximately ₹1,364 Crore) in Bajaj Auto International Holdings BV (BAIH BV), its wholly-owned subsidiary in the Netherlands. The investment, approved by the Board of Directors on February 21, 2025, may be in the form of equity capital, preference capital, or a loan, convertible or otherwise, across one or more tranches. The fund infusion aims to support BAIH BV's investment opportunities, with completion targeted by March 31, 2026. BAIH BV, incorporated in 2008, reported a turnover of ₹19.09 Crore as of March 31, 2024, is classified as an investment company. The transaction constitutes a related party transaction but will be conducted at arm's length.