Bajaj Auto To Infuse €125 Million Into Netherlands Arm By May 20

Bajaj Auto Ltd. on Thursday said it would invest €125 million, or ₹11.99 billion, in its Netherlands-based wholly-owned subsidiary, Bajaj Auto International Holdings BV, by May 20.

The subsidiary is involved in investment activities and has already invested ₹12.19 billion in Austria’s KTM group over the years.
The latest investment, which will be made on an arm’s-length basis, has received all necessary approvals from the Reserve Bank of India, the company said.