Bajaj Auto Limited — JV/Acquisition, 06-11-2025: Acquisition

Bajaj Auto's wholly-owned subsidiary, BAIH, is boosting its stake in Pierer Bajaj AG (PBAG) by exercising a call option for 24,000 shares, a move valued at Rs. 248 Cr. This step is part of a larger strategy to achieve 100% ownership of PBAG. By fully consolidating PBAG, Bajaj Auto strengthens its management control over PIERER Mobility AG (PMAG) and KTM AG, a key strategic objective. This deepens Bajaj Auto's global footprint and influence in the premium motorcycle market.