Two-wheeler maker Bajaj Auto will invest ₹1,500 crore in its owned subsidiary Bajaj Auto Credit Limited.
The company stated the additional capital infusion will be made during the financial year 2025-2026 in a phased manner.
“BACL is expected to grow its assets under management significantly in FY2025-26 having now completed its national expansion that was done in a phased manner over FY2024-25,” the company stated in an exchange filing.
Bajaj Auto Credit Limited is the finance subsidiary of Bajaj Auto Limited established for the purpose of running it as an NBFC to finance vehicles manufactured or marketed by the company and its subsidiary.