Bajaj Auto Limited — JV/Acquisition, 30-01-2026: Acquisition

Bajaj Auto has approved an additional investment of up to Rs 12 Cr in Clean Max Godavari Private Limited (CMGPL), maintaining its 26% equity stake. This strategic move aims to secure wind and solar power for Bajaj Auto's Akurdi and Chakan plants through a captive power purchase arrangement. This enhances energy security and promotes sustainability by sourcing clean power for its manufacturing operations, aligning with green initiatives and potential long-term operational cost benefits.