Bajaj Auto Limited , a leading Indian two-wheeler and three-wheeler manufacturer, has announced a significant corporate action through its wholly-owned subsidiary, Bajaj Auto International Holdings BV (BAIH). The move aims to consolidate BAIH's ownership in Pierer Bajaj AG (PBAG), potentially strengthening Bajaj Auto's position in the European market.

Key Details of the Acquisition

BAIH has issued a subsequent Notice of Call Exercise to acquire 24,000 shares of PBAG from Pierer Industrie AG (PIAG). This acquisition, referred to as "Call Option 2," comes with the following details:

Strategic Implications

Full Ownership

Upon completion of this transaction and a separate 0.1% acquisition, BAIH will hold 100% of PBAG's shares, making it a wholly-owned subsidiary.

Corporate Structure

PBAG will become a step-down subsidiary of Bajaj Auto Limited.

Indirect Control

Through PBAG, Bajaj Auto will gain control over nearly 75% stake in Pierer Mobility AG, the holding company of KTM AG.

Regulatory Approvals

The transaction is subject to obtaining necessary regulatory approvals. Notably, Bajaj Auto has already received approval from the Austrian Takeover Commission on October 23, 2025, confirming the restructuring privilege for BAIH's acquisition of control without the obligation to make a mandatory takeover bid to Pierer Mobility AG shareholders.

Market Impact

This strategic move could potentially enhance Bajaj Auto's presence in the European market and strengthen its partnership with KTM, a renowned European motorcycle manufacturer. The full ownership of PBAG may allow Bajaj Auto to have greater control over strategic decisions and potentially leverage KTM's technology and market position more effectively.

Investors and market analysts will likely be watching closely to see how this acquisition impacts Bajaj Auto's global strategy and financial performance in the coming quarters.

As the transaction progresses, further updates are expected regarding the completion of regulatory processes and the final integration of PBAG into Bajaj Auto's corporate structure.

Bajaj Auto , a leading two and three-wheeler manufacturer in India, is set to release its second quarter FY26 financial results on November 7, with an earnings call scheduled for 6:15 p.m. on the same day. The company has recently reported strong sales figures for October 2025, showcasing its resilience in the automotive market.

October 2025 Sales Performance

Bajaj Auto has reported an 8% year-on-year growth in total sales for October 2025, with units sold reaching 5,18,170. This growth was driven by strong performance in both the commercial vehicle and two-wheeler segments:

The commercial vehicle segment showed particularly strong growth, with a 16% increase year-on-year, while two-wheeler sales also saw a healthy 7% growth.

Q1 FY26 Financial Highlights

In the first quarter of FY26, Bajaj Auto demonstrated robust financial performance:

These figures indicate a strong start to the fiscal year, with double-digit growth in both profit and income.

Stock Performance

Bajaj Auto's stock has faced some challenges recently:

• Declined 2.61% in the past five trading sessions
• Down 12.80% over the past year
• 52-week high: Rs 10,079.80 (November 2024)

Despite the recent dip, investors will be keenly watching the upcoming Q2 FY26 results for signs of continued growth and performance.

Market Position

Bajaj Auto maintains a significant market share in its key segments:

• 26% market share in two-wheelers globally
• 76% market share in three-wheelers globally

These figures underscore Bajaj Auto's strong position in the global automotive market, particularly in the two and three-wheeler segments.

As the company prepares to announce its Q2 FY26 results, stakeholders will be looking for continued growth in sales and profitability, as well as any strategic initiatives to maintain its market leadership in the face of evolving industry trends and competitive pressures.