Bajaj Auto 's wholly-owned subsidiary, Bajaj Auto Credit Limited (BACL), has successfully raised Rs. 500 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. This strategic move highlights the company's efforts to strengthen its financial position.

Key Details of the NCD Issuance

• Issuer: Bajaj Auto Credit Limited (BACL)
• Issue Size: Rs. 500 crore
• Instrument: Secured, Rated, Listed, Redeemable, Non-convertible Debentures
• Number of NCDs: 50,000
• Face Value: Rs. 1,00,000 per NCD
• Placement: Private
• Listing: National Stock Exchange of India Ltd. (NSE)

Timeline of Events

The allotment of these NCDs was approved by the Debenture Issuance and Allotment Committee of BACL's Board of Directors on November 27, 2025. Following this approval, the NCDs were successfully listed on the National Stock Exchange of India Ltd. (NSE) on December 1, 2025.

This move by Bajaj Auto Credit Limited demonstrates the company's ability to access debt markets. The successful placement and listing of these NCDs may reflect investor confidence in the Bajaj Auto group's financial stability.

For investors and market observers, this development provides insight into Bajaj Auto's financial strategy and its subsidiary's role in the group's overall financial structure. It's worth noting that such debt issuances can impact the company's financial ratios and may be of interest to stakeholders analyzing Bajaj Auto's consolidated financial position.

As the automotive industry continues to evolve, with increasing focus on electric vehicles and changing consumer preferences, companies like Bajaj Auto and its subsidiaries may use such financial instruments to fund their operations and initiatives.

Bajaj Auto Limited has made a significant move in the global motorcycle industry by completing the acquisition of a 100% stake in Pierer Bajaj AG (PBAG) through its subsidiary, Bajaj Auto International Holdings BV (BAIH). This strategic acquisition, finalized on November 18, 2025, marks Bajaj Auto's entry into controlling positions in major European motorcycle manufacturers.

Key Highlights of the Acquisition

• Complete Ownership: BAIH has acquired all 50,100 shares of PBAG, giving it 100% ownership.
• Downstream Control: Through PBAG, Bajaj Auto now holds approximately 74.90% stake in PIERER Mobility AG (PMAG) and KTM AG.
• Corporate Restructuring: The Pierer Group has exited from PBAG, PMAG, and KTM as a result of this transaction.

Implications and Changes

The acquisition brings about several significant changes:

1. Name Changes:

   • Pierer Bajaj AG will be renamed to Bajaj Auto International Holdings AG
   • PIERER Mobility AG will become Bajaj Mobility AG

2. Board Reconstitution: The Supervisory and Management Boards of PBAG, PMAG, and KTM will be reconstituted to reflect the new ownership structure.

3. Stock Exchange Listings: PMAG (soon to be Bajaj Mobility AG) will continue to be listed on the SIX Swiss Exchange in Zurich and the Vienna Stock Exchange.

Transaction Timeline

The acquisition process involved several key steps:

This acquisition represents a significant expansion of Bajaj Auto's global footprint in the motorcycle industry. By gaining control of well-established European brands, Bajaj Auto is poised to strengthen its position in the international market and potentially leverage synergies between its existing operations and newly acquired entities.

The move is expected to have far-reaching implications for Bajaj Auto's product portfolio, market reach, and competitive stance in the global two-wheeler market. As the integration process unfolds, industry observers will be keen to see how Bajaj Auto leverages this acquisition to drive growth and innovation in its motorcycle business.