The Board of Bajaj Auto at its meeting held on 16 July 2024 has approved, inter-alia, issue of 6,40,351 equity shares of face value of Rs. 10 at the respective grant prices to the Bajaj Auto ESOP Trust under the Bajaj Auto Employee Stock Option Scheme 2019 (Scheme).Powered by Capital Market - Live News

Net profit of Bajaj Auto rose 18.10% to Rs 1941.79 crore in the quarter ended June 2024 as against Rs 1644.14 crore during the previous quarter ended June 2023. Sales rose 14.94% to Rs 11557.97 crore in the quarter ended June 2024 as against Rs 10055.51 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales11557.9710055.51 15 OPM %20.5119.22 - PBDT2658.792271.28 17 PBT2563.782184.05 17 NP1941.791644.14 18 Powered by Capital Market - Live News

Bajaj Auto announced the launch of Freedom, the world`s first CNG motorcycle. This groundbreaking innovation will revolutionize the two-wheeler industry by providing a cost-effective and environmentally friendly alternative to traditional petrol motorcycles. The Bajaj Freedom CNG motorcycle offers ~50% cost savings by significantly reducing fuel expenses, as compared to similar petrol motorcycles. The CNG tank provides a range of 200+ km on just 2 kg of CNG fuel. Additionally, it has a 2-liter petrol tank which performs as a range extender, offering over 130 km of range in case the CNG tank empties, ensuring an uninterrupted journey.CNG combustion produces approximately 26.7% less CO2 emissions than petrol, contributing to mitigating climate change. Additionally, CNG vehicles emit 85% lower NMHC`s (non-methane hydrocarbons) and 43% less NOx (nitrogen oxide).Powered by Capital Market - Live News

Bajaj Auto has achieved total sales of 3,58,477 units in month of June 2024 compared to 3,40,981 units in June 2023, recording a growth of 5%. Domestic sales rose 8% to 2,16,451 units and exports rose 1% to 1,42,026 units in June 2024. The company`s commercial vehicle sales rose 16% to 54,831 units while 2-wheeler sales rose 3% to 3,03,646 units. Powered by Capital Market - Live News

Bajaj Do Brasil Comercio De Motocicletas Ltda, the wholly owned subsidiary of Bajaj Auto, has set up and commenced the commercial production at its new manufacturing plant at Av. do Turismo, Bairro Tarum�, Manaus, Brazil on 26 June 2024. The plant is equipped with engine and vehicle assembly as well as testing facilities and has a production capacity of 20,000 units per year in a single shift. Powered by Capital Market - Live News