Home Industry News Bajaj Auto board gives nod to infuse Euro 150 million in Netherlands-based arm – ET Auto

Bajaj Auto board gives nod to infuse Euro 150 million in Netherlands-based arm – ET Auto

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Bajaj Auto through BAIH BV holds a 49.9% stake in its associate – – Pierer Bajaj AG (PBAG) in Austria.

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Bajaj Auto through BAIH BV holds a 49.9% stake in its associate – – Pierer Bajaj AG (PBAG) in Austria.

“>

Bajaj Auto through BAIH BV holds a 49.9% stake in its associate – – Pierer Bajaj AG (PBAG) in Austria.

Bajaj Auto Ltd on Friday said its board has approved an investment of up to Euro 150 million (Rs 1,364 crore) in its wholly-owned arm, Bajaj Auto International Holdings BV, Netherlands, to fund the needs of the latter towards investment opportunities. The board of directors at its meeting held on Friday have accorded approval to invest funds up to Euro 150 million in Bajaj Auto International Holdings BV, Netherlands (BAIH BV), the company said in a regulatory filing.

The investment could be either in the form of equity capital, preference capital, loan — convertible or otherwise, as may be determined in the due course, in one or more tranches, it added.

The capital infusion will be made in one or more tranches depending on the fund requirements up to March 31, 2026, the company said.

BAIH BV is a wholly-owned subsidiary of the company and is engaged in the business of investment.

“The additional capital infusion by the company is to fund the needs of BAIH BV towards investment opportunities,” the filing said, adding necessary approval for the additional investment in BAIH BV, which is a foreign subsidiary has been obtained from the Reserve Bank of India.

Although the company did not elaborate the “investment opportunities”, the development comes at a time when Bajaj Auto is heavily linked with the possibility of increasing its stake in the financially stressed KTM AG to bail out the Austrian bikemaker that has been undergoing a judicial restructuring.

Bajaj Auto through BAIH BV holds a 49.9% stake in its associate – – Pierer Bajaj AG (PBAG) in Austria. The remaining controlling stake in PBAG is held by Pierer Industrie AG.

PBAG holds a nearly 75% stake in its subsidiary, Pierer Mobility AG (PMAG), the holding company of KTM AG.

Apart from being a part equity owner, Bajaj Auto is also a strategic partner for KTM as it develops and manufactures products (under 400cc) for India and exports to overseas markets.

The business in India is managed by Bajaj Auto whereas export geographies are managed mostly by KTM AG and partly by Bajaj Auto.

Last year, KTM stated that the judicial restructuring of its holding firm Pierer Mobility AG, had no impact on business related to products co-developed with Bajaj Auto for the Indian domestic market and select export markets.

However, it impacted the business of Pierer Mobility AG/KTM AG that is run out of Austria, including exports from Austria, India and China to its key markets in the US and Europe. “,”next_sibling”:[{“msid”:118467977,”title”:”GIS 2025: Madhya Pradesh to showcase its auto-testing track to lure EV makers”,”entity_type”:”ARTICLE”,”link”:”/news/industry/gis-2025-madhya-pradesh-to-showcase-its-auto-testing-track-to-lure-ev-makers/118467977″,”link_next_mobile”:”/news/industry/gis-2025-madhya-pradesh-to-showcase-its-auto-testing-track-to-lure-ev-makers/118467977?next=1″,”category_name”:null,”category_name_seo”:”industry”}],”related_content”:[{“msid”:”118451341″,”title”:”Bajaj Auto board gives nod to infuse Euro 150 million in Netherlands-based arm”,”entity_type”:”IMAGES”,”seopath”:”industry/auto/two-wheelers-three-wheelers/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm”,”category_name”:”Bajaj Auto board gives nod to infuse Euro 150 million in Netherlands-based arm”,”synopsis”:”Bajaj Auto”,”thumb”:”https://etimg.etb2bimg.com/thumb/img-size-39806/118451341.cms?width=150&height=112″,”link”:”https://etimg.etb2bimg.com/photo/118451341.cms?/118451341″}],”seoschemas”:false,”social_share”:{“fb”:”/news/industry/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm/118468037?utm_source=facebook&utm_medium={{DEVICE_TYPE}}”,”x”:”/news/industry/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm/118468037?utm_source=twitter&utm_medium={{DEVICE_TYPE}}”,”whatsapp”:”/news/industry/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm/118468037?utm_source=wapp&utm_medium={{DEVICE_TYPE}}”,”linkdin”:”/news/industry/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm/118468037?utm_source=linkedin&utm_medium={{DEVICE_TYPE}}”,”telegram”:”/news/industry/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm/118468037?utm_source=telegram&utm_medium={{DEVICE_TYPE}}”,”copy”:”/news/industry/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm/118468037?utm_source=copy&utm_medium={{DEVICE_TYPE}}”},”cat_msid”:25384693,”cat_sub_msid”:false,”msid”:118468037,”entity_type”:”ARTICLE”,”title”:”Bajaj Auto board gives nod to infuse Euro 150 million in Netherlands-based arm”,”synopsis”:”Bajaj Auto’s board has approved an investment of up to Euro 150 million in its wholly-owned subsidiary Bajaj Auto International Holdings BV, Netherlands. The funds will be used to support investment opportunities, with the possibility of increasing its stake in KTM AG. The capital infusion will be made in tranches up to March 31, 2026, pending RBI approval.”,”titleseo”:”industry/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm”,”status”:”ACTIVE”,”authors”:[],”Alttitle”:{“minfo”:””},”artag”:”PTI”,”artdate”:”2025-02-22 08:17:58″,”lastupd”:”2025-02-22 08:18:01″,”breadcrumbTags”:[“Bajaj Auto investment in netherland”,”bajaj auto”,”bajaj auto share price”,”bajaj auto netherlands”,”bajaj”,”bajaj group”,”bajaj auto ltd”,”Bajaj Auto International Holdings BV”],”secinfo”:{“seolocation”:”industry/bajaj-auto-board-gives-nod-to-infuse-euro-150-million-in-netherlands-based-arm”}}” data-authors=”[” data-author-list data-category-name=”Industry” data-category_id=”23″ data-cat_msid=”25384693″ data-date=”2025-02-22″ data-index=”article_1″ data-keywords=”Bajaj Auto investment in netherland, bajaj auto, bajaj auto share price, bajaj auto netherlands, bajaj, bajaj group, bajaj auto ltd, Bajaj Auto International Holdings BV” data-type=”news”>

Bajaj Auto’s board has approved an investment of up to Euro 150 million in its wholly-owned subsidiary Bajaj Auto International Holdings BV, Netherlands. The funds will be used to support investment opportunities, with the possibility of increasing its stake in KTM AG. The capital infusion will be made in tranches up to March 31, 2026, pending RBI approval.

  • Updated On Feb 22, 2025 at 08:18 AM IST

Bajaj Auto through BAIH BV holds a 49.9% stake in its associate – – Pierer Bajaj AG (PBAG) in Austria.

“>

Bajaj Auto through BAIH BV holds a 49.9% stake in its associate – – Pierer Bajaj AG (PBAG) in Austria.

Bajaj Auto Ltd on Friday said its board has approved an investment of up to Euro 150 million (Rs 1,364 crore) in its wholly-owned arm, Bajaj Auto International Holdings BV, Netherlands, to fund the needs of the latter towards investment opportunities. The board of directors at its meeting held on Friday have accorded approval to invest funds up to Euro 150 million in Bajaj Auto International Holdings BV, Netherlands (BAIH BV), the company said in a regulatory filing. The investment could be either in the form of equity capital, preference capital, loan — convertible or otherwise, as may be determined in the due course, in one or more tranches, it added. The capital infusion will be made in one or more tranches depending on the fund requirements up to March 31, 2026, the company said.

BAIH BV is a wholly-owned subsidiary of the company and is engaged in the business of investment.

“The additional capital infusion by the company is to fund the needs of BAIH BV towards investment opportunities,” the filing said, adding necessary approval for the additional investment in BAIH BV, which is a foreign subsidiary has been obtained from the Reserve Bank of India.

Although the company did not elaborate the “investment opportunities”, the development comes at a time when Bajaj Auto is heavily linked with the possibility of increasing its stake in the financially stressed KTM AG to bail out the Austrian bikemaker that has been undergoing a judicial restructuring.

Bajaj Auto through BAIH BV holds a 49.9% stake in its associate – – Pierer Bajaj AG (PBAG) in Austria. The remaining controlling stake in PBAG is held by Pierer Industrie AG.

PBAG holds a nearly 75% stake in its subsidiary, Pierer Mobility AG (PMAG), the holding company of KTM AG.

Apart from being a part equity owner, Bajaj Auto is also a strategic partner for KTM as it develops and manufactures products (under 400cc) for India and exports to overseas markets.

The business in India is managed by Bajaj Auto whereas export geographies are managed mostly by KTM AG and partly by Bajaj Auto.

Last year, KTM stated that the judicial restructuring of its holding firm Pierer Mobility AG, had no impact on business related to products co-developed with Bajaj Auto for the Indian domestic market and select export markets.

However, it impacted the business of Pierer Mobility AG/KTM AG that is run out of Austria, including exports from Austria, India and China to its key markets in the US and Europe.

  • Published On Feb 22, 2025 at 08:17 AM IST

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