Corporate Announcements

Bajaj Auto announces Q2 results (10/19/2007)

Scrip Code:500490 Company Name:BAJAJ AUTO

October, 19 2007

News Bajaj Auto announces Q2 results

Subject:
Bajaj Auto Ltd has announced the following
Unaudited results for the quarter ended September
30, 2007:

The Company has posted a net profit of Rs 3364.20

million for the quarter ended September 30, 2007 as
compared to Rs 3175.90 million for the quarter
ended September 30, 2006. Total Income has
decreased from Rs 25784.00 million for the quarter
ended September 30, 2006 to Rs 25095.10 million
News for the quarter ended September 30, 2007.
Body:
The Consolidated results are as follows:

The Group has posted a net profit of Rs 3664.60

million for the quarter ended September 30, 2007 as
compared to Rs 2867.70 million for the quarter
ended September 30, 2006. Net Sales & Income
from operations has increased from Rs 25388.60
million for the quarter ended September 30, 2006 to
Rs 25833.40 million for the quarter ended
September 30, 2007.
Bajaj Auto - Press Release (10/1/2007)

Scrip Code:500490 Company Name:BAJAJ AUTO

News Bajaj Auto - Press Release

Subject:
News Bajaj Auto Ltd has announced the following in respect of
Body: sales for the month of the September 2007:

September 2007

----------------------------------------------------------------------
--------------------

September September Change

2007 2006 %
----------------------------------------------------------------------
--------------------
Motorcycles 204,152 271,377 -25

Total 2 WHEELERS 206,208 272,271 -24

3 wheelers 26,288 27,870 -6

----------------------------------------------------------------------
--------------------
TOTAL 2 & 3 Wheelers 232,496 300,141 -23
----------------------------------------------------------------------
--------------------
Exports out of the above48,048 37,088 30
----------------------------------------------------------------------
--------------------

1. The Bajaj XCD DTS-Si, launched nationally on

September 09, 2007, met its first month's target with sales
of 18,131 units. About 55% of these customers were from
competition, whereas about 10% were first time buyers.

2. With advance bookings virtually covering the October

2007 production target of 50,000 units, Bajaj is now
expecting capacity for the XCD DTS-Si to 75,000 units /
month. This should eventually translate into a 25% market
share of the value segment for Bajaj, enabling its overall
motorcycles market share to inch closer to 40%.

3. Thus with XCD DTS-Si it appears that Bajaj finally has

for itself a firm foothold in this lucrative segment. It is
therefore hopeful that the second half of the current fiscal
will be witness to not just a positive sales growth for its
motorcycle portfolio, but also to a significant
improvement in its operating margins.

4. Furthermore Bajaj expects the XCD DTS-Si to catalyze

the increasing shift away from
100 cc motorcycles, and believes that such motorcycles
could come to represent less than 50% of the market as
early as December 2007. This bodes well for Bajaj, which
continues to be the leader in the more profitable 125—250
cc segment.

5. Commercial vehicle sales pressures continue to reflect

the state of the market, while exports continue to exhibit
strong momentum.

YTD 2007-08
 ----------------------------------------------------------------------
--------------------

April-Sep April-Sep
Change
2007 2006 %
----------------------------------------------------------------------
--------------------

Motorcycles 1,025,558 1,191,249 -14

Total 2 Wheelers1,039,467 1,206,063 -14

3 Wheelers 146,217 151,558 -4

----------------------------------------------------------------------
--------------------
Total 2 & 3 Wheelers 1,185,684 1,357,621 -13
----------------------------------------------------------------------
--------------------
Exports out of the above 308,022 210,110 47
----------------------------------------------------------------------
--------------------

Bajaj Auto - Q2 results on Oct 19, 2007 (9/19/2007)

Scrip Code:500490 Company Name:BAJAJ AUTO

News Bajaj Auto - Q2 results on Oct 19, 2007

Subject:
Bajaj Auto Ltd has informed BSE that a meeting of
the Board of Directors of the Company will be held
News on October 19, 2007, inter alia, to consider the
Body: unaudited financial results for the quarter and half-
year ending September 30, 2007 (Q2).
 Bajaj Auto - Press Release (9/4/2007)

Scrip Code:500490 Company Name:BAJAJ AUTO

September, 4 2007

News Bajaj Auto - Press Release

Subject:
News Bajaj Auto Ltd has announced the following:
Body:
New 125 cc DTS-si motorcycle production begins; national launch
on September 9th.

August 2007 sales;

---------------------------------------------------------------------------------
---------
August August Change
2007 2006 %
---------------------------------------------------------------------------------
---------
Motorcycles 167,483 180,570 -7

Total 2 WHEELERS 170,203 182,013 -6

3 wheelers 25,504 26,150 -2

---------------------------------------------------------------------------------
---------
TOTAL 2 & 3 Wheelers 195,707 208,163 -6
---------------------------------------------------------------------------------
---------
Exports out of the above 56,452 32,283 75
---------------------------------------------------------------------------------
---------

1. Significant de-growth of 100 cc motorcycles, owing primarily to

product fatigue, continued to weigh down the entire industry.
2. The Company has commenced production of its new 125 cc
DTS-Si motorcycle at Waluj (Aurangabad) and targets sales of
20,000 units in September 2007 subsequent to the national launch
on the 9th.

3. With production and sales of this motorcycle expected to reach

50,000 units in November 2007 - 2 months ahead of schedule - the
Company expects its motorcycle volumes from there onwards to be
ahead of the corresponding period last year.

4. With this, almost 75% of the Company's motorcycle portfolio

would be in the more profitable 125 cc - 250 cc segment.

5. 3-wheeler sales reflect the general weakness in the commercial

vehicle demand.

6. Exports growth continued to exceed plan, recording the b ever in

August 2007.

YTD 2007-08
---------------------------------------------------------------------------------
---------

April-Aug April-Aug Change

2007 2006 %
---------------------------------------------------------------------------------
---------

Motorcycles 821,406 919,872 -11

Total 2 Wheelers 833,259 933,792 -11

3 Wheelers 119,929 123,688 -3

---------------------------------------------------------------------------------
---------
Total 2 & 3 Wheelers 953,188 1,057,480 -
10
---------------------------------------------------------------------------------
---------
Exports out of the above 259,974 173,022 50
 ---------------------------------------------------------------------------------
---------

• Bajaj Auto - Revised disclosures under Reg.13(6) of SEBI

(Prohibition of Insider Trading) Regulations, 1992 (8/27/2007)

Scrip Code:500490 Company Name:BAJAJ AUTO

August, 27 2007

ews Bajaj Auto - Revised disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading)
ubject: Regulations, 1992
The Exchange has received the following revised disclosure under Regulation 13 (6) of SEBI
(Prohibition of Insider Trading) Regulations, 1992:

No. & %
Name & Address
ews Date of Date of of shares No. & % of
of Director / Mode of Buy Sell
ody: acquisition intimation to of pre shares of post
Officer / acquisition/sale Qty Qty
/ sale company acquisition acquisition/sal
Shareholders
/sale
Jun 28, Market 2,000,592 2,001,992
Rahulkumar Bajaj Jun 29, 2007 1,400
2007 Purchase (1.98%) (1.98%)
 • Bajaj Auto - Disclosures under Reg.13(6) of SEBI (Prohibition of
Insider Trading) Regulations, 1992 (8/27/2007)

Scrip Code:500490 Company Name:BAJAJ AUTO

August, 27 2007

ews Bajaj Auto - Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
ubject:
ews The Exchange has received the following disclosure under Regulation 13 (6) of SEBI (Prohibition of
ody: Insider Trading) Regulations, 1992:

No. & %
Name & Address
Date of Date of of shares No. & % of
of Director / Mode of Buy Sell
acquisition intimation to of pre shares of post
Officer / acquisition/sale Qty Qty
/ sale company acquisition acquisition/sal
Shareholders
/sale
Market 1,259,738 1,264,238
Niraj Bajaj 4,500
Purchase (1.25%) (1.25%)
Niraj Bajaj (Karta
Aug 23, Aug 24, 1,251,338 1,259,738
of Niraj Bajaj 8,400
2007 2007 (1.24%) (1.25%)
HUF)
395,271 401,271
Sanjivnayan Bajaj 6,000
(0.39%) (0.40%)
Rahulkumar Bajaj Jun 28, Jun 29, 2007 2,001,992 1,000 2,002,992
(Karta of 2007 (1.98%) (1.98%)
Rahulkumar Bajaj
 HUF)

• Bajaj Auto - Disclosures under Reg.13(6) of SEBI (Prohibition of

Insider Trading) Regulations, 1992 (8/23/2007)

August, 23 2007

ews Bajaj Auto - Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
ubject:
The Exchange has received the following disclosure under Regulation 13 (6) of SEBI (Prohibition of
Insider Trading) Regulations, 1992:

No. & %
Name & Address
Date of Date of of shares No. & % of
of Director / Mode of Buy Sell
acquisition intimation to of pre shares of post
Officer / acquisition/sale Qty Qty
ews / sale company acquisition acquisition/sal
Shareholders
ody: /sale
Aug 21, Aug 22, Market 782,340 788,940
Shekhar Bajaj 6,600
2007 2007 Purchase (0.77%) (0.78%)
Shekhar Bajaj
(Karta of Aug 21, Aug 22, Market 788,940 794,440
5,500
Ramakrishna Bajaj 2007 2007 Purchase (0.78%) (0.79%)
HUF)

• Bajaj Auto - Disclosures under Reg.13(6) of SEBI (Prohibition of

Insider Trading) Regulations, 1992 (8/21/2007)

Scrip Code:500490 Company Name:BAJAJ AUTO

 August, 21 2007

News Bajaj Auto - Disclosures under Reg.13(6) of SEBI (Prohibition of

Subjec Insider Trading) Regulations, 1992
t:
The Exchange has received the following disclosure under
Regulation 13 (6) of SEBI (Prohibition of Insider Trading)
Regulations, 1992:

No. & %
Name & Address
Date of Date of of shares
of Director / Mode of
acquisition intimation to of pre
News Officer / acquisition/sale
/ sale company acquisition
Body: Shareholders
/sale
Market 394,271
Sanjivnayan Bajaj
Purchase (0.39%)
Note : The Company has now informed BSE that date of acquisition /
sale should be read as Aug 17, 2007 and
date of intimation to company should be read as Aug 18, 2007

• Bajaj Auto equity shareholders & unsecured creditors approves

Scheme of Arrangement (8/20/2007)

August, 20 2007

News Bajaj Auto equity shareholders & unsecured

Subject: creditors approves Scheme of Arrangement

News Bajaj Auto Ltd has announced that the Scheme of

Body: Arrangement between the Company, Bajaj Holdings
& Investment Ltd and Bajaj Finserv Ltd was
approved on August 18, 2007 by shareholders and
unsecured creditors at meetings held under
 directions of the Hon'ble High Court of Judicature
at Bombay. The meetings were presided over by
Shri. Rahul Bajaj, who was appointed as Chairman
of the meetings by the Hon'ble Court.

The Company would now file the petition before the

Hon'ble Court for its approval.

Bajaj Auto - Press Release (8/2/2007)

Scrip Code:500490 Company Name:BAJAJ AUTO

News Bajaj Auto - Press Release

Subject:
News Bajaj Auto Ltd has announced the following:
Body:
July 2007 sales;

---------------------------------------------------------------------------------
---------
July July Change
2007 2006 %
---------------------------------------------------------------------------------
---------
Motorcycles 159,881 171,115 -7

Total 2 WHEELERS 162,801 173,158 -6

3 wheelers 23,089 26,663 -13

---------------------------------------------------------------------------------
---------
TOTAL 2 & 3 Wheelers 185,890 199,821 -
7
---------------------------------------------------------------------------------
---------
Exports out of the above 53,718 42,476
26
---------------------------------------------------------------------------------
---------

1. The motorcycle industry continued to degrow owing primarily

to product fatigue as consumer disinterest in uninspiring 100 cc
motorcycles continued to translate into postponement of purchase.

2. However, Bajaj motorcycle market share at 36.2% was one of

the highest ever thanks to its timely introduction of bigger
motorcycles including the Bajaj Discover 135 DTS-i, the Bajaj
Pulsar 200 DTS-i, and the Bajaj Pulsar 220 DTS-Fi, all of which
have been extremely well received; in fact at this time demand is
moderately greater than supply.

3. In order to similarly satisfy the 100 cc motorcycle intendets,

Bajaj will launch in September 2007 its all new non-100cc
motorcycle with its path breaking DTS-Si technology.

4. This engine will be unveiled to select Financial Analyst and

Media persons on August 09, 2007 at Bajaj Auto, Punt.

5. 3-wheelers continued to be under pressure due to the overall

economic conditions, while exports continued to grow as planned.

YTD 2007-08
---------------------------------------------------------------------------------
---------

April-July April-July Change

2007 2006 %
---------------------------------------------------------------------------------
---------

Motorcycles 653,923 739,302 -12

Total 2 Wheelers 663,056 751,779 -12

3 Wheelers 94,425 97,538 -3

---------------------------------------------------------------------------------
 ---------
Total 2 & 3 Wheelers 757,481 849,317 -11
---------------------------------------------------------------------------------
---------
Exports out of the above 203,522 140,739
45
---------------------------------------------------------------------------------
---------

Managemen
t Profile

Rahul Bajaj Chairman

Madhur Bajaj Vice Chairman
Rajiv Bajaj Managing Director
Sanjiv Bajaj Executive Director

Abraham Joseph Vice President (Research & Development)

Pradeep Shrivastava President (Engineering)
S Sridhar CEO (2WH)
 R C Maheshwari CEO (Commercial Vehicles)
Rakesh Sharma CEO (International Business)
C P Tripathi Vice President (Corporate)
N H Hingorani Vice President (Commercial)
Kevin P D'sa Vice President (Finance)
V S Raghavan Vice President (Corporate Finance)
S Ravikumar Vice President (Business Development)
K Srinivas Vice President (Human Resources)
Ranjit Gupta Vice President (Insurance)
J. Sridhar Company Secretary

Board of Directors

Board of Directors
Rahul Bajaj Chairman
Madhur Bajaj Vice Chairman & Whole-Time Director
Rajiv Bajaj Managing Director
Sanjiv Bajaj Executive Director
D.S. Mehta Whole-Time Director
Kantikumar R. Podar Director
Shekhar Bajaj Director
D.J. Balaji Rao Director
J.N. Godrej Director
S.H. Khan Director
Mrs. Suman Kirloskar Director
Naresh Chandra Director
Nanoo Pamnani Director
Manish Kejriwal Director
P Murari Director
Niraj Bajaj Director

Committees of the Board

Audit Committee
S.H. Khan Chairman
D.J. Balaji Rao
J.N. Godrej
Naresh Chandra
Nanoo Pamnani
Shareholders’ & Investors’ Grievance committee
D.J. Balaji Rao Chairman
J.N. Godrej
Naresh Chandra
S. H. Khan
Remuneration committee
D.J. Balaji Rao Chairman
S.H. Khan
Naresh Chandra

Registered under the Indian Companies Act, VII of 1913

REGISTERED OFFICE Akurdi, Pune 411 035
WORKS Akurdi, Pune 411 035
Bajaj Nagar, Waluj Aurangabad 431 136
Chakan Industrial Area, Chakan, Pune 411 501
Plot No. 2, Sectoe 10, Pant Nagar, Rudrapur

Milestones
Milestones:
2007
April Bajaj Auto Commissions New Plant at Pantnagar, Uttarakhand
February 200 cc Pulsar DTS-i launched
January Bajaj Kristal DTS-i launched
2006
April Bajaj Platina launched
2005
December Bajaj Discover launched
June Bajaj Avenger DTS-i launched
February Bajaj Wave DTS-i launched
2004
October Bajaj Discover DTS-i launched
August New Bajaj Chetak 4 stroke with Wonder Gear launched
May Bajaj CT100 Launched
January Bajaj unveils new brand identity, dons new symbol, logo and brandline
2003
October Pulsar DTS-i is launched.
October 107,115 Motorcycles sold in a month.
July Bajaj Wind 125,The World Bike, is launched in India.
February Bajaj Auto launched its Caliber115 "Hoodibabaa!" in the executive motorcycle seg
2001
November Bajaj Auto launches its latest offering in the premium bike segment ‘Pulsar’.
January The Eliminator is launched.
2000
The Bajaj Saffire is introduced.
1999
Caliber motorcycle notches up 100,000 sales in record time of 12 months.
Production commences at Chakan plant.
1998
June 7th Kawasaki Bajaj Caliber rolls out of Waluj.
July 25th Legend, India’s first four-stroke scooter rolls out of Akurdi.
October Spirit launched.
1997
The Kawasaki Bajaj Boxer and the RE diesel Autorickshaw are introduced.
1995
November
Bajaj Auto is 50.
29
Agreements signed with Kubota of Japan for the development of diesel engines fo
three-wheelers and with Tokyo R&D for ungeared Scooter and moped developme
The Bajaj Super Excel is introduced while Bajaj celebrates its ten millionth vehicle.
One million vehicles were produced and sold in this financial year.
1994
The Bajaj Classic is introduced.
1991
The Kawasaki Bajaj 4S Champion is introduced.
1990
The Bajaj Sunny is introduced.
1986
The Bajaj M-80 and the Kawasaki Bajaj KB100 motorcycles are introduced.
500,000 vehicles produced and sold in a single financial year.
1985
November 5 The Waluj plant inaugurated by the erstwhile President of India, Shri Giani Zail Sin
Production commences at Waluj, Aurangabad in a record time of 16 months.
1984
January 19 Foundation stone laid for the new Plant at Waluj, Aurangabad.
1981
The Bajaj M-50 is introduced.
 1977
The Rear Engine Autorickshaw is introduced.
Bajaj Auto achieves production and sales of 100,000 vehicles in a single financial
1976
The Bajaj Super is introduced.
1975
BAL & Maharashtra Scooters Ltd. joint venture.
1972
The Bajaj Chetak is introduced.
1971
The three-wheeler goods carrier is introduced.
1970
Bajaj Auto rolls out its 100,000th vehicle.
1960
Bajaj Auto becomes a public limited company. Bhoomi Poojan of Akurdi Plant.
1959
Bajaj Auto obtains licence from the Government of India to manufacture two- and t
wheelers.
1948
Sales in India commence by importing two- and three-wheelers.
1945
November
Bajaj Auto comes into existence as M/s Bachraj Trading Corporation Private Limite
29

Strengths:

 Highly experienced management.

 Product design and development capabilities.

 Extensive R & D focus.

 Widespread distribution network.

 High performance products across all categories.

 High export to domestic sales ratio.

 Great financial support network (For financing the automobile)

 High economies of scale.

 High economies of scope.

Weaknesses:

 Hasn't employed the excess cash for long.

 Still has no established brand to match Hero Honda's Splendor in commuter segment.

 Not a global player in spite of huge volumes.

 Not a globally recognizable brand (unlike the JV partner Kawasaki)

Threats:

 The competition catches-up any new innovation in no time.

 Threat of cheap imported motorcycles from China.

 Margins getting squeezed from both the directions (Price as well as Cost)

 TATA Ace is a serious competition for the three-wheeler cargo segment.

New Delhi: The white and blue reverse hexagonal symbol with Bajaj Auto in small
lettering, which stood in good stead for Bajaj Auto for many decades, finally paved way
for a refreshing new look symbol with the Bajaj logotype in capital letters. The new
identity arrives at a time when Bajaj Auto has successfully metamorphosed into a major
motorcycle manufacturer with proven credentials in award winning Pulsar twins and also
proved its technological capability with the introduction the revolutionary Digital Twin
Spark Ignition (DTSi) technology.

The new visual identity of Bajaj Auto emanates from the confirmation of core values,
which Bajaj has identified as its brand values. The Brand essence for the new Bajaj has
been defined as "Excitement". Excitement engineering will deliver and inspire confidence
in to various stakeholders like Bajaj has traditionally done. Bajaj promises to live its
essence thru a set of five Brand Values of Learning, Innovation, Perfection, Speed and
Transparency.

The change in Identity is a part of the ongoing changes happening at Bajaj. At a time
when Bajaj has state of the art manufacturing infrastructure, has an enviable distribution
and service network, has created a benchmark R&D facility and at a time when the
customer has changed in terms of its exposure to quality and style, the change in identity
will help invite a paradigm shift in consumer perception of the company.
The traditional hexagonal symbol has been replaced by an open abstract form of stylized
B, the "flying B" as it has been named represents style and technology. It also has a
strong association with the heritage of Bajaj since the external form has a hint of
hexagon. "Flying B" form denotes speed and open form denotes the transparency.

The new logotype is all capital BAJAJ, representing precision engineering and
perfection. The logo is all confident bold stylistic lettering, which is very global in its
outlook.

Bajaj has adopted a new brandline of "Inspiring Confidence". In whatever the

company does it seeks to inspire confidence in its audience. Bajaj has traditionally
enjoyed tremendous consumer support and plans to consolidate and move ahead on
this. The Brandline appears below the logotype in a script font.
This font is to represent learning values at Bajaj and that Bajaj as a brand moves closer to
customer.

The new identity has a fresh new blue colour. This blue represents the stability and
strength of Bajaj. Blue also represents high technology and precision engineering. The
new identity presents a futuristic face of the new global Bajaj.

The design company Elephant Design has been working with Bajaj on creating and
implementing the new Bajaj identity.

Rajiv Bajaj, joint managing director, BAL says, "Bajaj is on the cusp of a revolution
brewing on various fronts, be it, exports, design, R&D, new models and marketing. The
company thus needed a new identity that would present the new philosophy. The
sweeping changes happening at Bajaj Auto required a more dynamic, vibrant and
exciting identity, which would also showcase inspiration and confidence through
excitement engineering. The change in identity is expected to present an easier interface
for the world to understand the new Bajaj with the same trustworthy values."

Vision:
Bajaj in the community

Bajaj Auto is committed to nation-building and contributing to the uplift

and development of the weaker sections of society. This is a legacy of our
founders, Jamnalal and Kamalnayan Bajaj. Because of their close links with
Mahatma Gandhi and the freedom struggle, they sincerely believed that as
businessmen they were trustees of the community and the profits they
earned must be ploughed back for the development of the community.