FilingReader Intelligence
Bajaj Auto seeks approval for €865m KTM restructuring
July 17, 2025 at 03:59 PM UTC•By FilingReader AI
Bajaj Auto Limited is seeking shareholder approval for €865 million in related party transactions to support KTM AG's restructuring. This includes €80 million for loan and share pledge takeovers and €700 million in debt funding.
The company's subsidiary Bajaj Auto International Holdings BV will acquire a controlling stake in Pierer Bajaj AG for €50.65 million, giving Bajaj Auto effectively 75% control of KTM.
Shareholder e-voting runs from July 18 to August 16, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:BAJAJ-AUTO•Bombay Stock Exchange
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