Bajaj Auto Limited — Important, 21-02-2025: General Updates
21-02-2025 | 03:34 pm
21-02-2025 | 03:34 pm
Bajaj Auto's Board has approved an investment of up to Euro 150 million (approximately Rs. 1,364 Crore) in its wholly owned subsidiary, Bajaj Auto International Holdings BV (BAIH BV), to enhance its investment capabilities. BAIH BV reported a turnover of Rs. 19.09 Crore and a net worth of Rs. 5,487.75 Crore as of March 31, 2024. The capital infusion, aimed at seizing new investment opportunities, will occur in one or more tranches by March 31, 2026. This move strengthens Bajaj Auto's strategic positioning in the Netherlands, with no change in its current ownership structure of BAIH BV. Observers should watch closely for the implications of this additional capital on the subsidiary's growth potential.
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