Bajaj Auto Ltd's subsidiary, Bajaj Auto International Holdings BV, entered a Call Option Agreement on May 22, 2025, to acquire a controlling stake in Pierer Bajaj AG, subject to regulatory approvals. Pierer Bajaj AG reported a turnover of €2661 million (approx. ₹23914 crore) and a profit after tax of €60 million (approx. ₹539 crore) as of December 31, 2023.