No impact on India business with Bajaj Auto due to restructuring of holding firm: KTM

The judicial restructuring of Pierer Mobility AG will not affect Bajaj Auto's business related to KTM products in India and select export markets. However, it is impacting Pierer Mobility AG/KTM AG's export volumes from Austria, India, and China to key markets in the US and Europe. Bajaj Auto remains committed to the sustained growth of this business.