Bajaj Auto Moves To Fully Own PBAG With Euro 24.31 Million Share Call

Strategic Consolidation To Deepen Global Mobility Presence

Bajaj Auto Ltd has announced that its Netherlands-based subsidiary, Bajaj Auto International Holdings (BAIH), has issued a notice to exercise its second call option for 24,000 shares of Pierer Bajaj AG (PBAG), valued at EUR 24.31 million. Upon completion, PBAG will become a wholly owned subsidiary of BAIH.

PBAG is a key joint venture entity between Bajaj Auto and Austria’s Pierer Mobility AG, focused on premium motorcycles and electric mobility solutions. The full acquisition aligns with Bajaj’s strategy to consolidate its international investments and enhance control over its European operations.

This development underscores Bajaj Auto’s commitment to expanding its global presence in high-performance and electric two-wheeler segments, while also streamlining its corporate structure for better strategic alignment.

Important Points  

• BAIH to acquire 24,000 PBAG shares for EUR 24.31 million  
• PBAG to become a wholly owned subsidiary of BAIH  
• Strengthens Bajaj’s position in premium and electric mobility  
• Enhances strategic control over European operations  
• Part of Bajaj Auto’s global consolidation strategy  

Sources: Reuters, Business Standard, Bajaj Auto Regulatory Filings, Economic Times