Corporate_information_V1

Corporate information

Bajaj Auto Ltd. (the ‘Company’) is a company limited by shares, incorporated and domiciled in India. The Company is engaged in the business of development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers etc. and parts thereof. The Company sells its products in India as well as in various other global markets. The registered office of the Company is located at Mumbai-Pune Road, Akurdi, Pune 411035.

The consolidated financial statements comprise financial statements of Bajaj Auto Ltd. (the ‘Company’) and its subsidiaries (collectively, the ‘Group’) for the year ended 31 March 2022. The consolidated financial statements were approved for issue in accordance with a resolution of the Board of Directors of the Company on 27 April 2022.

The consolidated financial statements include results of the subsidiaries of Bajaj Auto Ltd., consolidated in accordance with Ind AS 110 ‘Consolidated Financial Statements’ and Ind AS 28 ‘Investment in Associates and Joint Ventures’.

Name of the Company

Country of
Incorporation

% Shareholding of
Bajaj Auto Ltd.

% Shareholding of
Non-controlling interest

Consolidated as

PT. Bajaj Auto Indonesia

Indonesia

99.25%

0.75%

Subsidiary

Bajaj Auto International Holdings BV

Netherlands

100.00%

–

Subsidiary

Bajaj Auto (Thailand) Ltd.

Thailand

100.00%

–

Subsidiary

Chetak Technology Ltd.

India

100.00%

–

Subsidiary

Bajaj Auto Consumer Finance Ltd.

India

100.00%

–

Subsidiary

Bajaj Auto Spain S.L.

Barcelona

100.00%

–

Subsidiary

The consolidated financial statements of Bajaj Auto International Holdings BV include 49.90% interest in Pierer Bajaj AG as an associate.