Bajaj Auto Limited has informed the Exchange regarding a press release dated August 21, 2025, titled "Bajaj Auto Overcomes Global Magnet Supply Challenge - Chetak Deliveries Resume Ahead of Plan and the Festive Season.".
BAJAJ-AUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bajaj Auto has resumed deliveries of its Chetak electric scooter across all dealerships after a temporary disruption caused by a global shortage of rare earth magnets. Production and shipments restarted on August 20, earlier than originally planned. The company says it has now secured enough rare earth magnets and other key materials to comfortably handle demand during the upcoming festive season. Bajaj also highlighted that Chetak ended FY25 as India's No.1 electric scooter and has doubled its market share since April 2024, reflecting strong consumer demand that had been temporarily held back by supply constraints.
Positive for investors — a known supply chain overhang has been resolved ahead of schedule and ahead of the high-demand festive period, which should support Chetak sales volume and revenue momentum in coming quarters.