Bajaj Auto Limited has informed the Exchange about Rumour Verification - Regulation 30(11)
BAJAJ-AUTO · price
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Awaiting price reaction for this filing.
Bajaj Auto has responded to media reports about its wholly owned Dutch subsidiary, Bajaj Auto International Holdings BV, securing a Euro 566 million offshore loan, reportedly linked to funding the restructuring of KTM AG. The company confirmed that its subsidiary is indeed negotiating and exploring options to participate in KTM AG's restructuring, which has a plan approved by KTM's creditors. However, Bajaj clarified that the arrangements are still being finalised, and further disclosures will follow under SEBI Listing Regulations as appropriate.
This confirmation removes uncertainty for investors and should help reduce speculation-driven volatility in the stock. Shareholders should note that Bajaj Auto is likely committing significant funds (potentially around Rs 5,000+ crore) towards KTM AG's restructuring, which carries both risk and strategic upside depending on KTM's revival. The stock had seen a sharp move on 19 May 2025, which triggered this clarification.