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Bajaj Auto International Holdings holds a 49% shares of Austrian bicycle Markeer CTM. The rest of Israel Mobilrika Group emerges. On November 29, 2024, KTM announced the restructuring of the immediate restructuring.
“KTM AG is on the implementation of the restructuring of the Attorney General's management. The Attorney General's management is not protected in a timely manner.
Especially, the eros Mobilrika Group has updated investor, saying it is looking for “remote restructuring” for KTM.
“In addition to safeguarding liquidity, the Executive is trying to keep KTM AG again on a fixed operating and financial basis. Is carried to a level.
The restructuring process ends in February 2025.
Bajaj Auto – CTM Bayevvy gradually increased its sections to 48%. In 2021, BTM.
Bajaj Auto Small displacement is produced in its Chakan plant at its Chakan plant.
In October, Bajaj created a cheer exports from the exports of KM exports. “We have a little setback on CTM. Globalizing the KTM, globally, we have not intended to be recovered.