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Bajaj Auto Unit Gives Rs 480 Crore To KTM For The Fourth Time This Year

  • Bajaj Auto's unit has invested Rs 480 crore in KTM AG for the fourth time this year to help in the restructuring process.
  • The investment, made through convertible bonds, is aimed at funding the needs of KTM AG and preventing bankruptcy.
  • This investment is part of a complex holding structure involving Bajaj Auto and KTM's joint venture company, Pierer Bajaj AG.
  • Bajaj Auto has infused a total of 200 million euros in KTM since its bankruptcy, with a total funding requirement of 800 million euros for KTM's operations.

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