Bajaj Auto Limited — JV/Acquisition, 24-10-2025: Acquisition

Bajaj Auto's subsidiary, BAIH, is set to gain sole control of Pierer Bajaj AG by acquiring an additional 50% stake, taking its total ownership to 100%. This strategic consolidation grants Bajaj Auto full control over PIERER Mobility AG and its premium motorcycle brands, including KTM. The move significantly strengthens Bajaj Auto's global two-wheeler portfolio and market footprint, enabling deeper strategic alignment and operational integration. Critical regulatory approvals are now largely in place, clearing the path for this pivotal acquisition.