Bajaj Auto Limited has informed the Exchange about Copy of Newspaper Publication - Postal Ballot
BAJAJ-AUTO · price
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Bajaj Auto has circulated a Postal Ballot Notice to its shareholders via email on 17 July 2025, seeking approval through electronic voting for a Material Related Party Transaction. The transaction is between Bajaj Auto International Holdings BV (its wholly owned subsidiary) and Pierer Bajaj AG, PIERER Mobility AG, and KTM AG, aimed at providing restructuring support to KTM AG and its subsidiaries. The resolution is an Ordinary Resolution, and the cut-off date for determining eligible voters is 11 July 2025. Remote e-voting opens on 18 July 2025 at 9:00 a.m. IST and closes on 16 August 2025 at 5:00 p.m. IST, with results to be announced on or before 19 August 2025. This filing itself is the newspaper publication of the postal ballot notice in Financial Express (English) and Kesari (Marathi) as required by SEBI regulations.
This is a procedural compliance filing informing shareholders that a postal ballot is open. The underlying resolution, if approved, will enable Bajaj Auto's overseas subsidiary to extend restructuring support to KTM AG and related Pierer group entities, which could have financial implications for the company. Eligible shareholders should cast their votes electronically before 16 August 2025.