Bajaj Auto Limited — Important, 03-04-2025: Agreements

Bajaj Auto International Holdings BV, a wholly owned subsidiary of Bajaj Auto Limited, has subscribed to Convertible Bonds worth Euro 50 million (approximately Rs. 468.7 crore) issued by Pierer Bajaj AG. This transaction aims to support the funding needs of PMAG's subsidiary, KTM AG, for resuming motorcycle production. The Audit Committee approved this related party transaction, which is conducted at arm’s length. Investors may view this announcement as a potential opportunity for growth in the two-wheeler segment, given the strategic positioning with a robust European player.