Bajaj Auto Limited has informed the Exchange about loan agreement(s) entered into by Bajaj Auto International Holdings BV, a wholly owned subsidiary of Bajaj Auto Limited.
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Bajaj Auto's wholly owned Dutch subsidiary, Bajaj Auto International Holdings BV (BAIH BV), has signed loan agreements with three banks — JP Morgan Chase, DBS Bank, and Citigroup Global Markets Asia — for an aggregate Euro 566 million (about Rs. 5,431 crore). The loans are unsecured with a one-year tenure and are meant to fund BAIH BV's investment activities. The agreements were executed on 15-16 May 2025. The total outstanding amount is currently nil as the loans are freshly drawn.
This is a routine borrowing by an overseas subsidiary to fund its investment activities, with no immediate impact on Bajaj Auto's standalone financials. Investors should note that the subsidiary now carries about Rs. 5,431 crore in fresh short-term debt, which will need to be monitored for end-use and repayment.